Real estate agents are licensed professionals who organize real estate transactions between buyers and sellers. Agents who represent sellers are also called listing agents.
Real estate agents walk their clients through the entire home buying or selling process, providing valuable knowledge and information at each step.
Real Estate Agent Salary In South Africa
The average real estate agent salary in South Africa is R 540 000 per year or R 277 per hour. Entry-level positions start at R 300 000 per year, while most experienced workers make up to R 9 000 000 per year.
Do estate agents earn a basic salary?
Although an estate agent earns a commission only and not a salary, if it is determined that an employment relationship exists between the agency and the agent, then the provisions of the Act apply.
Do you need matric to become an estate agent?
A degree is not required to become an estate agent, but strong competition often makes the relevant experience and/or qualifications necessary. A degree in an appropriate subject such as marketing, business, property studies, or real estate can be helpful.
What subjects do you need for real estate?
Introduction to Building Technology.
Introduction to Government and Law.
Introduction to Planning and Sustainability.
Introduction to Property.
Introduction to Property Economics and Property Accounting.
Is a real estate agent a good career in South Africa?
These agents fully understand that real estate is more than just a full-time job, it’s a lifestyle.
An agent who is hard-working, dedicated, and exercises good time management can still enjoy family life and actually benefit from the flexibility of the job while being really successful.
Where can I study real estate in South Africa?
The University of the Witwatersrand. Bachelor of Science: Property Studies.
UNISA. National Diploma: Real Estate. www.Unisa.ac.za.
The University of Johannesburg. National Diploma: Real Estate.
The University of Cape Town. Bachelor of Science: Property Studies.
Do real estate interns get paid in South Africa?
Although not yet considered to be qualified agents, as an intern with a valid Intern FFC you are still eligible to earn commission on the sale of the property. However, the commission is only paid out once the property transfer has been registered in the deeds office.