The Property Practitioners Act and BEE – new territory for many estate agencies
11 November 2019
I’m the principal of a small real estate agency that I started with my wife. Our turnover is about R4 million a year and I have 10 people, mostly agents, working for us. We are all aware of the new Property Practitioners Act. However, I understand that there are also BEE implications for small property agencies like mine? I’m very concerned about this and wonder if you could explain how it will affect my agency.