EAAB didn’t renew PI cover for estate agents

It was recently confirmed that the professional indemnity cover, that the Estate Agency Affairs Board (EAAB) arranged for all estate agents in 2017, lapsed about a year ago and wasn’t renewed without the regulator informing the industry of this yet.

New Rebosa chairman Tony Clarke has big plans

The new chairman of Rebosa is Rawson Property Group’s managing director Tony Clarke who says he has big plans for one of the country’s strongest industry bodies.

Speakers Corner

In level 3 lockdown visits with family and friends at home are not allowed. However, a trustee writes that owners of their large sectional title complex protests that the trustees are infringing on their rights when they enforce this rule. He asks what can they do and not do?

Must commission be paid if tenants default?

​​It happens often that tenants may default on their rental, even more so in the past few months in the aftermath of the COVID-19 pandemic and ensuing lockdown. The question that is often asked is, if landlord is losing out on income, is the agent entitled to full commission?

Top estate agent (80+) don’t plan to retire yet

For more than 40 years Pola Locum has been the face of real estate in Camps Bay on the Atlantic Seaboard. Her property sales amount to billions of rands. Now in her eighties, she has no plans to retire yet. What is her secret?