Consumer Protection Act will affect property marketers
http://www.iolproperty.co.za/roller/news/entry/consumer_protection_act_will_affect
Consumer Protection Act will affect property marketers
Another senior member of the Cape estate agency fraternity has found it necessary to warn staff that when the Consumer Protection Act comes into full force on 25th October this year, property marketers will find themselves “in a new ballpark”.
Talking to all Greeff Properties agents, Simon Raab, Southern Suburbs manager, warned them that, as the aim of the new Act is to promote a fairer, more accessible and more sustainable marketplace in which the less well informed and less educated clients are better protected, they (the agent) will have to take it upon themselves to ensure that sellers and, more particularly, buyers, have fully understood the meaning of the wording and legal effect of such wording contained within all mandate agreements and contracts into which they have entered.
(via Instapaper)
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