The Estate Agents Council has blacklisted 79 estate agents across the country. They are not allowed to trade in Estate Agency business in Zimbabwe including assisting in selling and management of properties. The Estate Agents Council and Compensation Fund will, therefore, not accept liability for actions or omissions of these entities or individuals. Africa Real
Bogus realtors use various tricks to lure homeseekers and the Estate Agents Council of Zimbabwe (EACZ) is thus advising people to only deal with reputable estate agents to protect their investments
By Staff Reporter
A LEADING investment company director has said houses for rental in urban areas, especially Harare are now very expensive to lease and this will adversely affect economic growth and stability.
Noel Mavura, the founder of an investment firm, African Investment Hub, in a statement Friday, urged the Estate Agents Council of Zimbabwe (EACZ) to a play a leading role in protecting tenants from unscrupulous landlords and bogus agents.
“We need to come up with realistic valuation of rentals while contemplating on the vitally important factors. A systematic approach must be implemented especially in Harare, whereby, the government and the relevant stakeholders ought to set rental benchmarks and formulae,” he said.
Classify us as essential service providers: REIZ
BY RICHARD MUPONDE
THE Real Estate Institute of Zimbabwe (REIZ) has approached government seeking to be classified as essential service providers during the COVID-19-induced lockdown period.
In terms of Statutory Instrument (SI) 10 of 2021, institutions frozen out of essential services privilege can lodge applications for exemption with the government.
This follows a 30-day lockdown, which took effect from January 5 and is likely to be extended due to the spiralling of COVID-19 positive cases and deaths.
In a letter dated January 11 addressed to Industry and Commerce permanent secretary Mavis Sibanda, REIZ president Alexander Millin said they qualified to be classified as essential service providers.