7. Not hot off the press, but news nonetheless!

This is copied from an email received from IEASA (Central) - end Feb 08.

"In a move calculated to help unify the estate agency industry, the National Association of Real Estate Agencies (NAREA) and the Institute of Estate Agents of South Africa (IEASA) have announced that they have joined forces.
To this end, NAREA will cease to operate and five members of the current NAREA board will be absorbed on to IEASAs board of directors.

NAREA chairman Eskel Jawitz said this week his organisation wanted to create unity in the real estate industry, which was facing significant challenges and needed to present a united front in order to be able to influence its own destiny. The NAREA board had consequently resolved to join forces with the 70-year-old IEASA. This move would also further the BEE interests of the industry.

Dr Willie Marais, national president of IEASA, said the IEASA board was pleased at the efforts made by the industry leaders represented in NAREA to enable and promote unity and make it easier for industry players to operate.

The IEASA board had previously said it was willing to accommodate all leading industry players, so it could operate from a position of strength in both national and international arenas.

Now NAREAs decision to join forces with IEASA will create a stronger lobby to deal with government on issues important to estate agents, and an organization more representative of the whole SA industry in international forums.

NAREA representatives will get rights to sit on the IEASA Past Presidents Advisory Council, as well as on the IEASA Corporate Groups Advisory Council, from where they may be appointed to the IEASA national board of directors.

Meanwhile, the IEASA board has resolved that two more vice-president positions will be created, bringing the total to three vice-presidents to assist with the workload of IEASA management on national and international level. One will take responsibility for regional matters, another for international matters, and the third for statutory matters." Add a cellphone number to the cellphone directory here.
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