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Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

Recognition of Prior Learning & ServiceSETA Rules & Regulations

How do I know that an ethical Accreditation Centre is representing me?It is difficult to turn down a “cheap” course – how are you to know that there are providers in the industry selling cheap RPL courses to agents who do not qualify and cannot complete them?Certain costs must be carried out when delivering a qualification.  Your course must be current with the legislation of that industry, and...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

September 2022 Hotel Accommodation Income statistics point to ongoing progress in the post-lockdown recovery

September 2022 hotel revenues – year-on-year growth still strong off a low base as post-lockdown recovery continues, but hotel income level still falls short of “fully recovered” status, remaining significantly weaker than pre-lockdown levels. The StatsSA release of September 2022 preliminary monthly tourism statistics showed the Hotel Sector’s income levels making further progress on the...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

Student accommodation a key driver in Bloemfontein’s residential property market

A university city, Bloemfontein’s residential property market enjoys the spin-offs of its well-established educational infrastructure by way of accommodation for students, employees, associated services and the investment by parents, says Pam Golding Properties area principal, Ulrich Sirgel. The University of the Free State has a total of 41 169 students, 29 560 of whom are on the Bloemfontein campus and...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

PPRA/EAAB Extension of the Education Requirements Compliance Deadline

New DeadlineThe PPRA/EAAB has extended the deadline from 31 January 2023 to 30 June 2023. All candidates must meet this deadline as it will not be extended again.Who is the deadline for?When you receive your first FFC you must submit your Logbook within the first 12 months, and within a total of 24 months you must be found competent in your NQF4 and your PDE4.You will then need to comply with CPD the year...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

Holiday rental market set for pre-pandemic boom this summer

Cape Town and the surrounding coastal towns and villages boast a significant short-term rental market which is set to once again boom this summer as local and international visitors are finally set to return in their number. Ross Levin, MD for Seeff Atlantic Seaboard and City Bowl, says this could be a massive summer season for Cape Town with rates and occupancies expected to reach, and possibly exceed...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

What goes up, must come down – rate hikes now could mean lower bond payments next year

While consumers are justifiably concerned about another interest rate hike this month, ahead of the festive season, the Reserve Bank’s timeous response to inflation means we could see rates drop again towards the end of 2023, says Carl Coetzee, CEO of BetterBond. “There’s no denying that South Africans are feeling the pinch, and another repo rate hike this month will be our seventh consecutive...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

How to Become a Principal Property Practitioner

To become a principal property practitioner in South Africa and own your real estate firm, you must comply with the controlling regulatory authority, The Property Practitioners Regulatory Authority.  The PPRA was previously known as The Estate Agents Affairs Board, the EAAB.  The Property Practitioners Act No 22 of 2019 was promulgated in February 2022.  Agents/Practitioners are also...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

Exam Prep for PDE4 & PDE5

10 Tips on Writing your PDE Don’t study using everyone’s handed-down crash course material; this will just have you spinning with unanswered questions and outdated material. This exam is online; when the PPRA refer to a “seat number” please ignore this. Make sure your mic and webcam work. Don’t have a webcam? Go buy one! Don’t talk to others during your exam; you need to be alone in a...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

Who needs a Fidelity Fund Certificate (FFC)

Any person facilitating or providing a service in the sale or lease of property in any way and does not use the services of a property practitioner must hold a Fidelity Fund Certificate (FFC) through the Property Practitioners Regulatory Authority (PPRA) formally known as the EAAB. Business undertakings shall include any activity, whether sold as a whole or going concern, or as part of a business, or by...

Amanzimtoti Property • Crisna van der Bank • RE/MAX Toti

The growing popularity of middle neighbourhoods

Prior to the pandemic, urbanisation was a key watchword, but since lockdown restrictions eased, there has been a spike in reverse migration; from inner cities to the suburbs and even further afield, however, not everyone looking to move out of the city wants to relocate as far away as traditional suburbia. “Although many people want a little more space and less congestion these days, for any number of...

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