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Real Estate Industry Strategic Plan 2012/13-2016/17

Explore the strategic plan for the real estate industry, focusing on professionalism, past redress, and future growth. Includes legislative mandates, situational analysis, SWOT, financial plan, and organizational environment.

jamesguerra
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Real Estate Industry Strategic Plan 2012/13-2016/17

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  1. UPDATED STRATEGIC PLAN FOR PERIOD 2012/13-2016/17 REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  2. PRESENTATION OUTLINE • VISION • MISSION • VALUES • LEGISLATIVE AND OTHER MANDATES • SITUATIONAL ANALYSIS • ALIGNMENT OF GOVERNMENT WIDE PRIORITIES • ORGANISATIONAL ENVIRONMENT • SWOT ANALYSIS • LINK BEWTEEN, STRATEGIC OUTCOME AND KEY OUTPUTS • FINANCIAL PLAN • STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  3. STRATEGIC OVERVIEW • VISION • To be a leading World Class regulator that is responsive to and surpasses its stakeholder expectations. • MISSION • Ensure the integrity of the transaction between the estate agent and the consumer is of a high standard by regulating, protecting guiding and enhancing the conduct of real estate agents’ profession. REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  4. STRATEGIC OVERVIEW • VALUES • Integrity • Responsibility • Respect • Excellence • Communication • Participation • Trust REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  5. RELEVANT LEGISLATURE APPLICABLE TO EAAB • Legislative Mandates • The South African Constitution; Act 108 of 1996; • The Estate Agency Affairs Act, 112 of 1976; • The Public Finance Management Act, 1 of 1999; • The Preferential Procurement Framework Act of 2000; • The Financial Intelligence Centre Act, 38 of 2001; • The Labour Relations Act, 66 of 1995; • The SA Qualifications Authority Act, 58 of 1995; and • The Skills Development Act, 97 of 1998 • The Promotion of Administrative Justice Act 3 of 2000 • The Promotion of Access to Information Act 2 of 2000 • The National Credit Act 34 of 2005 • The Consumer Protection Act 68 of 2008 REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  6. EAAB MANDATE • Primary Mandate of EAAB • Regulate, maintain and promote the standard of conduct of estate agents having due regard to the public interest; • Issue fidelity fund certificates to qualifying applicants; • Prescribe the standard of training of estate agents; • Investigate complaints against estate agents and institute disciplinary proceedings against offending estate agents where required; and • Manage and control the Estate Agents Fidelity Fund. • Additionally to the primary mandate: • The EAAB is the Supervisory Body of the estate agency profession pursuant to the Financial Intelligence Centre Act and is obliged to take all steps required to prevent; alternatively, identify and report on, anti-money laundering and terrorist financing activities REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  7. UPDATED SITUATIONAL ANALYSIS • Performance Environment • Economic factors that impact Estate Agency growth: • Lower forecasted Economic growth • Higher anticipated inflation rate and interest rates. • Implementation of the National Credit Act • Scarcity of new developments • Stricter bank lending to property buyers • 8 million consumer with impaired credit records REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  8. UPDATED SITUATIONAL ANALYSIS • Performance Environment - Continued • Other factors that affect Estate Agents Industry: • Estate Agents may take advantage in the growing inexperienced property consumers. This may lead to higher claims made against Fidelity Fund. • Mismanagement of Trust fund has continued to be a challenge within the Industry. • The growing use of technology has impacted the practices of Property practices. REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  9. ALIGNMENT OF GOVERNMENT WIDE-PRIORITIES WITH EAAB ACTIVITIES REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  10. ALIGNMENT OF GOVERNMENT WIDE- PRIORITIES WITH EAAB ACTIVITIES REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  11. ALIGNMENT OF GOVERNMENT WIDE-PRIORITIES WITH EAAB ACTIVITIES REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  12. ORGANISATIONAL ENVIRONMENT Executive Authority Board of Directors Risk and Strategy Company Secretary Chief Executive Officer Internal Audit Fidelity Fund Executive Corporate services Executive Compliance Executive Inspections Executive Registrations Executive Education & Training REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  13. SWOT ANALYSIS REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  14. SWOT ANALYSIS REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  15. SWOT ANALYSIS REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  16. SWOT ANALYSIS REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  17. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  18. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  19. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  20. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  21. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  22. Linking Strategic outcomes to Performance Indicators REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  23. FINANCIAL PLAN • REVENUE AND EXPENDITURE ESTIMATES - EAAB REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  24. FINANCIAL PLAN • REVENUE AND EXPENDITURE ESTIMATES – EAFF REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  25. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  26. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  27. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  28. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  29. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  30. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  31. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  32. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  33. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  34. STRATEGIC RISK REGISTER REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

  35. THANK YOU REDRESSING THE PAST, BUILDING THE FUTURE, GUIDING THE REAL ESTATE INDUSTRY TOWARDS PROFESSIONALISM

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