4000 African youth to be trained as estate agents

4000 African youth to be trained as estate agents

The Estate Agency Affairs Board is recruiting 4 000 youth to be trained as estate agents, its Chief Executive Officer Mamodupi Mohlala announced on Thursday 

She said 4000 youth will be recruited during the month of October in a move aimed at radically changing the face of real estate. 

According to Mohlala these intern estate agents will be placed with various estate agency firms throughout the country, where they will receive both practical and theoretical training with the ultimate goal being that they graduate as estate agents. 

“The recruitment of these young people is aimed at ensuring that real and meaningful transformation is realised within the property sector. It is our vision that upon completion of their training, they not stop at being estate agents but will proceed to become principal agents and open their own estate agency firms,” said Mohlala. 

The EAAB launched the ‘One Learner One Estate Agency’ programme to fast track transformation within the property sector. The programme is aimed at placing intern estate agents in the service of registered estate agency firms so that they may act under the supervision and control of supervision and control of a suitably qualified mentor for a period of twelve months.  

According to Mohlala, this is intended to equip intern estate agents with the required property market experiential learning while they obtain the necessary real estate qualifications. 

“Our vision is that through this programme we will have estate agency firms run by these youth that can be counted as one of the country’s top firms. That is why we are not providing them with real estate training but will be assisting also with business development in order to reach our ultimate objectives which is job creation,” she said. 

Transformation in the sector has been quite a challenge with black estate agents in particular accusing government of not doing enough to create opportunities for them, especially in property transactions that involve the state. 

Mohlala added that the Board has been engaging with various government departments and state owned entities to provide their property stock to participants of this programme. In this way, added Mohlala, not only meaningful transformation will be realised in the sector but a significant number of direct and indirect jobs will be created. 

SOURCE: Estate Agents Affairs Board 

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