UPDATE ON IEASA AND REBOSA
The importance of further professionalisation of the industry continues to be high on the
property list of real estate industry focussed organisations, particularly in the light of recent
adverse publicity. Furthermore, it remains an important priority for the industry in general to
organise itself in properly organised and representative groups in order to successfully lobby
and influence decision makers and law makers about any current or future regulatory
amendments or changes.
To this end, as has been previously communicated and in line with NEDLAC
recommendations, in order to properly represent the residential real estate industry at the
highest levels of government and other decision making entities, a decision was taken to
create two separate entities within the real estate profession, one representing business
owners and principals, called REBOSA (Real Estate Business Owners of South Africa) and
a second organisation representing the interests of "labour" (estate agents and employees).
Significant progress has been made in this regard, firstly in respect of REBOSA. Off the
back of a nationwide series of road shows where significant support was garnered, the name
has now been registered and is awaiting registration at CIPC (Companies & Intellectual
Property Commission). Furthermore, a draft code of conduct and a constitution have been
compiled and are currently under review by the interim national steering committee.
As far as the other organisation representing labour is concerned, a decision was taken at a
special board meeting of the national Institute of Estate Agents of South Africa (IEASA) to
evolve and transform itself into a new association to be called the Property Practitioners of
South Africa (PPSA^and represent the interests of estate agents and employees ie. labour.
It is furthermore the intention of both REBOSA and PPSA to be fully inclusive and as far as
possible represent the interests of the full range of all constituents in the residential property
industry in South Africa.
Furthermore, and to complete the organisational picture, and given the many common points
of interest relating to both labour and business, it is the intention of both REBOSA and PPSA
to form a joint committee comprising elected members from each organisation to address
these issues from time to time and when appropriate .
Finally, once formed and registered with the Department of Labour, both associations will
work together to form a professional body for real estate by registering with SAQA (South
African Qualification Authority) where professional designations will be housed for both
employers and employees. In this way both REBOSA and PPSA will be jointly responsible
for this aspect of the professionalisation of the real estate industry.
For further information, email Pam Snyman at pam@ieasa.org.za, or contact Dina Porteus,
co-ordinator@rebosa.co.za.
Ends
Caption: Dr Andrew Golding, national president of IEASA