Why landlords need agents in today's uncertain economic climate
The past year has forced South Africans to relook their budgets and question every expense. The economic strain of the pandemic means everyone is looking to save where they can.
The Property Practitioners Regulatory Authority (PPRA) has extended the CPD Participation Period for 2023, giving eligible property practitioners until 31 March to tick off all their requirements for the year.
The reason for the extension is no more than reasonable given the circumstances. The mandatory CPD programme for 2023 only became available on 1 July, instead of the originally publicised date of 15 May, so the deadline extension compensates for that rather than making allowances for stragglers.
In the same communication, the PPRA said the 2024 programme will soon be shared with the industry. Property practitioners who passed their Professional Designation Examinations in 2022 will be eligible for this year’s CPD programme.
Alongside its commitment to CPD, the PPRA is also on track with plans to register more property professionals for Fidelity Fund Certificates. The organisation began registering managing agents in December as planned.
In a webinar last year, the PPRA also revealed that registration should open for developers in January, business brokers in February, and all other categories by April.
Sign up for the month's most important UK private rented sector headlines, curated by us. Lorem ipsum dolor sit amet, consectetur adipiscing elit.