Mar 24 2010
Call for equitable estate agent access in residential estates
Limits on the number of agents allowed to market property in housing estates should be scrapped.
This recommendation forms part of the best practice guidelines drawn up by the Institute of Estate Agents (IEASA), the body representing the interests of South Africa’s estate agent industry, and the Association of Residential Communities (ARC), the body representing the residential
community industry.
The establishment of the guidelines follows months of talks between IEASA and ARC to resolve dissatisfaction with the widespread practice of homeowners’ associations (HOAs) in housing estates to “accredit” selected agents to exclusively market property in such estates.
