Get your B-BBEE certificate now to apply for FFCs

Real estate agencies have until the end of October 2022 to obtain a B-BBEE certificate to be eligible for their Fidelity Fund Certificates (FFCs).

The PPRA requires that a B-BBEE Certificate must be included in the application for either the first application or renewal of an FFC. This is after the new Property Practitioners Act came into operation on 1 February 2022. It is therefore vital that all owners of estate agencies start preparing themselves for compliance.

Residential rental sector showing real signs of renewal

The residential rental sector started to show real signs of renewal in the fourth quarter of 2021 with key national property indicators revealing that the sector is through the worst of the economic storm, according to TPN Credit Bureau’s Residential Rental Monitor.

It is good to understand value bands in property market

There are various value bands within the South African real estate market, each of which have their own set of trends that might not reflect the national averages. It can be useful to keep informed of these micro trends to understand how property values might change depending on a given price point.

Future of remuneration and leadership – change is inevitable

SPEAKERS CORNER: Remuneration and management policies are evolving. Any remuneration committee that doesn’t pay attention may find their company at a loose end. Wage inequity is an ongoing debate in South Africa and the jury is still out about what constitutes a living wage.