What is an estate agent fidelity fund certificate (FFC)?

South Africa's #1 independent property portal

In terms of the Estate Agency Affairs Act (112 of 1976), every estate agent and estate agency firm must obtain a Fidelity Fund Certificate (FFC) from the Property Practitioners Regulatory Authority (PPRA). It's illegal to operate as an estate agent unless the PPRA has issued you with an FFC for the current calendar year. It's also illegal to claim commission if you didn't have a valid FFC at the time you rendered the services to the client.

This applies not only to agents who sell residential property, but also to letting agents, commercial and industrial property brokers, agricultural property agents, business brokers, and agents who "exhibit" properties which are for sale or to let (e.g. 'showhouse sitters').

You can check the validity of an agent's FFC on the PPRA website.

General Property News
Market & Opinion
African buyers underpin Gauteng's popularity with foreign investors
27 Jan 2023
For a number of years now, the Western Cape has been enjoying the limelight as the preferred destination for foreign property buyers but, although the Cape by far outshines seven of South Africa’s nine provinces, what might surprise some people is that it actually runs a rather distant second to Gauteng.
read more
Market & Opinion
8 Tips to find the perfect rental property
26 Jan 2023
For those who are renting or looking to rent, finding the perfect rental home might feel like an overwhelming task but our tips will help you find exactly what you are looking for!
read more
Market & Opinion
3 steps to avoid buyer's remorse
25 Jan 2023
The excitement of becoming a home owner and the immense task of moving into your new home and settling in can sometimes overshadow home buyer's remorse - which does happen and is not spoken about enough in real estate.
read more
Market & Opinion
Neighbourhood Overview - George
23 Jan 2023
It could be the ideal setting, the dramatic views, or the quality lifestyle on offer here, all we know is that George is the top choice for buyers looking to semigrate out of the cities and to the Western Cape.
read more
Real Estate Tools
Property Law
Contact our partner attorneys with your conveyancing and property law questions
Get pre-qualified
Make offers with confidence knowing what you can afford. Then shop for the best home loan
Bond Calculator
Calculate the estimated repayments on a home loan and savings with extra payments