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Many agents have suddenly found themselves with more time on their hands. No show days, no seller or buyer meetings, no face-to-face marketing, in fact very little client contact at all. This, in fact, is the ideal time for intern agents to get their regulatory qualification portfolios wrapped up and submitted.
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Answers to lockdown rental questions The sudden 21 day lockdown has left thousands without income and in dire straits on how to meet their rental obligations. Specialist rental property attorney Marlon Shevelew weighs in with legal advice for estate agents.
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Speakers Corner I have been an estate agent for many years but never contributed to the Unemployment Insurance Fund (UIF). Can I look towards the Estate Agency Affairs Board (EAAB) for financial assistance? Jan le Roux, CE of Rebosa explains why not.
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Rental deposits and tenants in arrears The current lockdown has many tenants at their wits end to how they are going to meet their rental obligations for April due to lack of income. Some landlords may demand the release of their deposits held in trust by the rental agency. Rental agents take note this is dangerous territory. Riette Bornman, attorney, notary public and conveyancer with STBB explains further.
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Virtual show houses the way forward Traditional open houses just won’t work for a while in many areas of the world due to the ongoing coronavirus pandemic. Instead, estate agents can host a virtual open house. After all, home buyers and sellers still need the agents’ expertise to help guide them through available homes, as well as the home-buying and selling process.
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