Currently, the South African real estate industry is booming with lots of real estate agents trying to sell a property for another client. The commission that they get from the deals made makes the profession very attractive in the eyes of people, which is why many are already thinking about going into this kind of profession. To be an estate agent in South Africa, you will need to go through several steps. It is more strict and standardized today than it was before when all you have to do was take the board exam, pass it and find properties you can sell. Nowadays, more time and effort would be required from you. Below are the simple steps you should take.
- The first thing that you need to do is to undergo an internship that lasts for 12 months. This internship will be under the supervision of any registered estate agency that has an estate agent with a certification for the past 3 years or more.
- The next thing you need to do is to get the FETC Real Estate NQF Level 4 qualification that you can get through the 12 month intern training that you have.
- You should also be able to pass the Professional Designate Exam at the 4th level.
- While having your internship, you should keep track of tasks and activities that you do. These will all be written in your logbook for internship. This logbook is submitted to the EAAB for approval.
- Once you are done with the steps above, all you have to do is to upgrade your status from an intern to a full status estate agent.
No Degrees Required
You are not required to have a degree to be able to become an estate agent but having one that is related to the industry can be beneficial to you too especially during the initial stage of your career. For some who already have a degree and who wish to become an estate agent, it would be possible for you to skip some of the steps depending on your qualification. You would still have to complete other processes but you don’t have to do them all.
Those who have other qualifications, other than the ones required, find that it is also beneficial to their line of work as a real estate agent. With these qualifications agents know how to market themselves or deal with clients. Some agents also have a background in law and it helps during legal situations.
Continuous Professional Development
As a qualified agent, you also need to collect points every year so that you can be certified. This is what you call the CPD or the Continuous Professional Development and each agent needs 20 points a year. To get the points, you need to attend workshops, seminars, and trainings to improve yourself in the said profession. The 15 points should come from those that are from the EAAB while the other 5 points can come from different workshops and institution. An hour of attendance is equivalent to 1 CPD point.