22 Apr 2020
It’s a case of stronger together for the industry, as key property stakeholders have joined together in a new national council. The new representative council, National Property Practitioners Council (NPPC) has been formed to provide a single voice for property practitioners to speak with authority on issues connected with the property industry.
“For the first time in the history of the South African real estate sector, representative bodies have come together to form a unified national council, devoid of the constraints of self-interest by any particular sector of the industry, to act as the national industry representative body in all matters pertaining to the sector.
“The National Property Practitioners Council is the result of industry wide consultation to create the most appropriate representative body aimed at successfully formulating, developing and implementing credible industry-wide strategies capable of addressing national key imperatives and industry objectives including but not limited to industry regulation, transformation and education priorities.
In response to the Property Practitioners Act, the newly formed National Property Practitioners Council (NPPC) is open to all organised formations and stakeholders who fall within the definitions of the Act. Collectively the NPPC represents the interests over 40 000 agents, brokers, professionals, consultants, developers, managing agents, and financing institutions falling within the Act’s ambit.