Property Principal Services

Property Principal Services provides compliance, principal agent and mentoring services to estate agents and agencies across South Africa, drawing on thirty four years in the industry and twenty seven years at principal level. The Property Practitioners Act 22 of 2019 makes it unlawful for a practitioner to trade without meeting its education and compliance requirements, and the firm acts as a virtual umbrella for practitioners in that position, providing a principal under whom an agency can operate while it becomes compliant or on a long term basis. It registers real estate firms with the PPRA across sales, leasing, managing agency, developer agency and business broking, handles ongoing compliance with the PPRA, FICA and FAIS, monitors existing firms so they do not lapse into non compliance, and mentors new agency owners. The team's past clients include listed property companies such as Group Five Properties, Stocks and Inframax, and its work extends to sourcing property, correcting zoning and partnering with developers.