11/06/2026
South Africa’s property sector is entering a far more aggressive era of FIC enforcement, and estate agencies that still rely on “paper compliance” are exposing themselves to serious financial, operational and reputational risk.
At Van Deventer Dowlath & Marx Incorporated, we are seeing regulators move beyond education and into active enforcement. Templates, policies and promises are no longer enough. Regulators are demanding operational proof that compliance systems are actively functioning within estate agencies on a daily basis.
With FIC penalties now reportedly reaching as high as R7.8 million, the consequences of non-compliance can extend far beyond fines. Agencies may face risks relating to their FFC status, banking relationships, professional standing and overall ability to operate legally.
Could your current systems survive a detailed inspection tomorrow?
Read the full article in the comment section to understand what regulators are now expecting from property practitioners and why compliance has become a critical business survival issue.