Bryan Chaplog

EAAB ENTREPRENEURAIL EMPOWERMENT INITIATIVES’PROPERTY INCUBATOR - SABIC

Apartheid spatial planning placed some on a poverty cycle.

• The end of Apartheid might have removed the legal framework allowing institutionalised racism.

• Racism in South Africa both predates and encompasses more than just the institutionalised racism of apartheid.

• Apartheid spatial planning needs to be reversed and re-engineered

PROPERTY MARKET SIZE

The market we knowRegistered bonds

7

2003-1 2003-9 2004-5 2005-1 2005-9 2006-5 2007-1 2007-9 2008-5 2009-1 2009-9 2010-5 2011-1 2011-9 2012-5 2013-10

10000

20000

30000

40000

50000

60000

70000

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Registered Bonds

Average Value of Registered Bonds

The market we know

8

2003-1 2003-9 2004-5 2005-1 2005-9 2006-5 2007-1 2007-9 2008-5 2009-1 2009-9 2010-5 2011-1 2011-9 2012-5 2013-10

5000

10000

15000

20000

25000

30000

35000

40000

45000

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Registered Transfers

Registered Transfers

Average Value of Registered Transfers

Gauteng

Western Cape

KwaZulu Natal

Eastern Cape

Mpumalanga

North W

est

Free St

ate

Limpopo

Northern Cape

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

Estate Agency Firms

Estate Agents

4674

2728

1322736

392 428 359 185 120

18252

9605

5938

23621684

1356 1144624 395

Estate Agency Firms

Estate Agents

Geographical Province Grid Report – Estate Agency Affairs Board Fidelity Fund Certificates Issued for 2013

2013 Provincial and Racial Statistics …

Fidelity Fund Certificates issued to Estate Agents in the Free State

4%7%

89%

ASIAN 46BLACK 76COLOURED 0WHITE 1004


Fidelity Fund Certificates issued to Estate Agents in Limpopo

4%23%

73%


6%8% 2%

84%


Fidelity Fund Certificates issued toEstate Agents in the Eastern Cape


5%9%

86%


Fidelity Fund Certificates issued toEstate Agents in Mpumalanga


5%15%

2%

78%


Fidelity Fund Certificates issued toEstate Agents in Gauteng


4% 6% 1%

89%


Fidelity Fund Certificates issued toEstate Agents in the North West


14% 8%

2%

76%


Fidelity Fund Certificates issued to Estate Agents in KwaZulu Natal


8% 7%2%

83%


Fidelity Fund Certificates issued to Estate Agents in the Northern Cape


6% 3% 3%

88%


Fidelity Fund Certificates issued toEstate Agents in the Western Cape


WHAT ARE THE ‘EAAB ENTREPRENEURAIL EMPOWERMENT INITIATIVES’ FOR YOUTH

AND WOMEN AND PEOPLE WITH DISABILITIES?

Current Position JHB

20

Current Position KZN

21

Current Position Western Cape

22

Current Position Eastern Cape

23

The National Development Plan (NDP) has identified the small, micro, medium enterprises (SMME’s) as one of the crucial components of the South African economy to stimulate economic growth and development

qualifications.

Department of Small Business Development was established to prioritise on a large scale the development and advancement of SMME’s in order to accelerate economic growth and development.

WHY IS THE EAAB FOCUSED ON

ENTREPRENEURAIL EMPOWERMENT

PROPERTY INCUBATORS

The ‘ENTREPRENEURAIL EMPOWERMENT PROPERTY INCUBATORS’ FOCUS ON YOUTH AND WOMEN AND PEOPLE WITH DISABILITIES.

To fast-track YOUTH AND WOMEN AND PEOPLE WITH DISABILITIES empowerment and development within the property market requires implementation of specific and targeted measures in order to achieve significant progress.

The programme is available to young entrepreneurs who are matriculants, FET (TVET) college graduates, university and university of technology graduates and persons with disability.

TARGET GROUPS

Complete online application and upload CV

Placement of learner with registered estate

agency firm

Apply to EAAB for intern fidelity fund certificate

Enroll and write PDE 4Complete intern

logbook for EAAB assessment

Complete 12 month internship and obtain FETC:

Real Estate NQF Level 4

Apply for status upgrade to Professional

Practitioner in Real Estate (PPRE)

Obtain National Certificate: Real Estate

Apply for status upgrade and open estate agency firm

Enroll and write PDE 5 within two years to obtain the

Master Practitioner in Real Estate (MPRE)

Grouping StatusSEEFF PLEDGE SIGNEDREMAX PLEDGE SIGNEDJAWITZ PLEDGE SIGNEDPAM GOLDING PLEDGE SIGNEDWAKEFIELDS PLEDGE SIGNEDBROLL PLEDGE SIGNEDGROWTH POINT PLEDGE SIGNEDENKEL & VOLKERS PLEDGE SIGNEDLEAPFROG PLEDGE SIGNEDRAWSONS PLEDGE SIGNEDCHASE EVERITT PLEDGE SIGNEDHARCOURTS PLEDGE SIGNEDKNIGHT PORTER & FRANK PLEDGE SIGNEDLEW GEFFEN PLEDGE SIGNEDMany Small and medium Agencies PLEDGE SIGNED

PLEDGE STATUS

The youth in incubators results: Sales R33m Comm R1.3m.

0 0July

August

Septem

ber

October

November

December

01,000,0002,000,0003,000,0004,000,0005,000,0006,000,0007,000,0008,000,000

Value of Sales/ Lease learners in-volvement

Sales

0July

August

Septem

ber

October

November

December

050000

100000150000200000250000300000350000400000450000500000

Commission Received by learners

Commision

• Allocation of 30% of property maintenance contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% of property cleaning contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% of painting maintenance contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% of gardening and landscaping contracts to youth and women and people with disability entrepreneurs;

ENTREPRENEURAIL EMPOWERMENT INCUBATOR 2 : ‘PROPERTY RELATED SERVICE

ENTREPRENUERIAL DEVELOPMENT’ YOUTH AND WOMEN AND PEOPLE WITH DISABILITIES PROGRAMME

• Allocation of 30% plumbing maintenance contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% air-conditioning service and maintenance contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% electrical maintenance contracts to youth and women and people with disability entrepreneurs;

• Allocation of 30% parking management contracts to youth and women and people with disability entrepreneurs;

ENTREPRENEURAIL EMPOWERMENT INITIATIVE 2 : ‘PROPERTY RELATED SERVICE ENTREPRENUERIAL

DEVELOPMENT’ YOUTH PROGRAMME

Estate Agency Affairs Board, in collaboration with all role-players and stakeholders within the property market and sector including major property market players seeks to promote the development of SMME’s in the country within the property market with the objective of creating new opportunities for YOUTH AND WOMEN AND PEOPLE WITH DISABILITIES by PLACING THEM IN PROPERTY SERVICES INCUBATORS and matching them with existing firms that currently render services in the property market with the related services..

BENEFITS TO THE PROPERTY MARKET

The INCUBATOR will create business owners in youth and female entrepreneurs with the relevant skills, business experience and transaction flow to meaningfully participate in the economic benefits of this R4.9 trillion sector

PROPERTY SERVICE INCUBATOR

The youth entrepreneurs are invited to register for the EAAB empowerment initiatives in order to participate the

incubators.

PROPERTY ASSESSMENT INDUSTRY

“A GOLDEN OPPORTUNITY TO CREATE NEW INCUBATOR FOR YOUTH ENTREPRENEURS AND NEW

JOBS FOR SOUTH AFRICA”

BACKGROUNDWith the advent of the Consumer Protection Act, 2011, sellers and buyers of property and estate agents are now more aware of the need to be diligent in disclosing the true condition of the property to the buyer;

The CPA has made it relatively simple and free for aggrieved property buyers to refer complaints to the National Consumer Commission;

Property assessment entails a comprehensive assessment of the property to identify and highlight any defects (if any);

WHAT IS PROPERTY

ASSESSMENT?

A new INCUBATOR for Property Assessors will be created (approximately 10 000 property assessors within the next 5 years of establishment);

Self-employment would be enhanced;

Entrepreneurial development will be stimulated;

Reduction of unemployment and poverty;

Enhancing professionalism within the property market;

Better regulation of the sector;

Enhancement of sustainable human settlements as properties will be subjected to constant property assessments when exchanging hands;

For further information on the ‘ENTREPRENEURAIL EMPOWERMENT INCUBATOR :

Estate Agency Affairs Board on www.eaab.org.za or Tel: 087 285 3222 or email [email protected]://www.eaab.org.za

ENTREPRENEURAIL EMPOWERMENT INITIATIVES AND INCUBATORS’

Date post:	19-Jan-2017
Category:	Business
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