The real estate industry has completely evolved, from anyone being allowed to sell property or sign contracts in previous years, to it now being a professional occupation and one can definitely understand why. “Without training or ensuring one stays up to date with the latest legislations, clients are left vulnerable for facing possible major losses and legal issues” cautioned Craig Hutchison, CEO of Engel & Völkers Southern Africa . By having a professional managing transactions, it eliminates many problems or disputes which can arise, which is why the EAAB instituted certain criteria before you are 'licenced to sell'. As in any trade, a managing board to ensure the adherence of a code of conduct needs to be set in place, to make sure consumers receive nothing but expert and professional service. The EAAB (Estate Agency Affairs Board) was established in 1976 and since then regulates the estate agency profession. The EAAB in essence, acts as a watch-dog and protector o...