Solutions for Principal FFC’s

PrincipalOnline, in association with UNIPROP REAL ESTATE, offers an affordable solution for Entrepreneurs and Estate Agents who wish to launch their own Estate Agency Business. You could operate your own UNIPROP REAL ESTATE Franchise with an investment of R50 000.00 and a monthly royalty payment from as little as R4500.00pm.
Visit: www.uniprop.net to view our franchise prospectus

The Estate Agency Affairs Act 112 of 1976 as amended requires that a Principal Estate Agent be qualified as described below:

PRACTICE NOTE EDT02/2013
ON THE EDUCATIONAL REQUIRMENTS FOR REGISTERING AS AN ESTATE AGENT
7. New entrants who wish to register as principal estate agents
Any new entrant to the estate agency profession who wishes to register as a principal estate agent must, therefore:
• serve as an intern estate agent for a continuous period of twelve months; and
• be certificated against the NQF Level 4; and
• pass the PDE 4; and
• be certificated against the NQF Level 5.

Once certificated against the NQF Level 5 that person may be issued with a full status principal’s fidelity fund certificate by the EAAB and is then granted a period of two years, calculated as from the date of certification against the NQF Level 5, within which to pass the PDE 5 to acquire professional status as a principal estate agent.
8. Effective date

This Practice Note shall be effective as from 19 March 2013.
Issued by: THE ESTATE AGENCY AFFAIRS BOARD
18 March 2013
This legislation makes it virtually impossible for the entrepreneur who is not yet NQF 5 qualified and does not want to wait for 3 years to qualify, to start his/her own Estate Agency Business.
At Uniprop Real Estate we offer an affordable solution by becoming a licensee, trading under Principal ship of Uniprop Real Estate.

Cost:
To purchase a franchise could cost hundreds of thousands of rands plus set up costs, branding and monthly royalties, IT costs as well as marketing costs etc.
At Principalonline we we make it possible to launch your own Uniprop Real Estate business for an investment of only R50 000.00 plus a monthly royalty.
Visit: www.uniprop.net to view our franchise prospectus and see what you get for your investment.

For more information please contact us at info@principalonline.co.za. or call: 079 467 8225

Terms and conditions apply