Real estate agents in government's crosshairs with new BEE requirements

28 Apr

Riana De Lange

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Real estate agents and agencies will henceforth have to comply with level 8 BEE scores to obtain or renew fidelity fund certificates.

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NEWS

More than 40% of the country’s real estate agencies and nearly half of the 40 000 registered real estate agents’ operations could be disrupted due to the government’s latest black economic empowerment (BEE) requirements that it is enforcing on the private sector.

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