Category: Estate agents and property

Even if you spend the money we discussed in last week’s email and still don’t get to a level 8

We’ve been writing about the Property Practitioners Regulatory Authority (PPRA) and their irrational decision to only award or renew a Fidelity Fund Certificate (FFC) to a level 8 BEE contributor, over the last few weeks. Last week we showed that a level 8 certificate could cost an estate agency whose turnover is R10m about R211,000 […]

Even if you spend the money we discussed in last week’s email and still don’t get to a level 8 Read More »

Estate agents, licences and BEE scorecards. They want a level 8, let’s give them a level 2

Before I launch into why this is a travesty and an application of extremely arbitrary flexing of authority that is not backed by anything related to legislation, I will say the following, in a large font THE PPRA WANT A LEVEL 8. WE ARE GOING TO GIVE THEM A LEVEL 2. YOU STILL RETAIN CONTROL