What Annual Compliance Means to the Real Estate Professional

Compliance in the real estate industry has become more stringent than ever, with the Property Practitioners Regulatory Authority streaming random audits to estate agency firms. It is surprising how many real estate businesses are not fully compliant, and by no direct fault of their own—they are focused on making money in a volatile and changing market and have no time to devote to their compliance.

Compliance is an irritant and time–consuming process. Everyone knows it must be done, but they don’t get there in time. And why bother when you can hire the compliant expert, Property Principal Services, PPs, who will keep their eye on the ball, ensuring that your agency and your agents are always compliant?

We charge an annual fee of R4 500, which includes a full compliance check for your agency and up to five agents. This ensures that all requirements set by the PPRA are met, giving you peace of mind that your business remains fully compliant. If your agency has more than five agents, there’s an additional fee of just R350 per extra agent per year.

Agency Compliance – R4500 per annum

Peace of Mind – AKA a no-brainer!

Annual compliance check with

Property Practitioners Regulatory Authority PPRA

Firm

• Registration compliance.
• Trust Account advice and checks.
• BEE annual check and advice.
• POPI check.
• CIPC compliance check.
• SARS – compliance certificate only – we do not interact with SARS on your behalf.
• PPRA Notices are defined and explained to the principal, and assistance is given if they require performance from the agency or agents.

Property Practitioners in the employ of the firm

• Registration compliance.
• FFC compliance.
• Tax Clearance Certificate check.
• Education compliance and tracking
• Continual Professional Development education tracked and tutored

Financial Intelligence Centre FICA

Firm

• Registration compliance.
• Declarations as required
• RMCP contract template adapted to your requirements
• RMCP annual review conducted and formalised
• Free FIC training course for your property practitioners and staff
• Annual attendance register
• Notice templates provided with guidance

This is an enormous amount of work, supplied at a nominal fee.

Reach out to us for more information or to discuss your requirements.