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FNB throws its weight behind industry professionalism

28 November 2006

First National Bank’s (FNB) Home Loans Division has taken a giant step towards realising its four-year-old vision of increasing real estate professionalism with the launch of the FNB’s Real Estate Business School (REBS).  

The school is a joint venture with the Estate Agency Affairs Board (EAAB) and intended through estate agent training to promote credible services and estate agent integrity to the consumer and homeowner in the purchase of property.  

The formal agreement between FNB’s Real Estate Business School (REDS) and the Estate Agency Affairs Board (EAAB), headed up by Mrs. Nomande Mapetla, was signed in Johannesburg this week.  

Ed Grondel, CEO of FNB Home Loans Division said, in signing the agreement, that the solution to many real estate problems was rooted in the need to secure professional resources, particularly in learning material, rather than simply fund the status quo.  

‘We believe this can best be achieved by resources that can substantially re-write and reconfigure the learning material and deliver these higher levels of learning content through a credible channel and curriculum that will qualify agents for a Certificate Programme. As a result, FNB had forged the link between REDS and the EAAB.  

All learning material content was in accordance with the National Qualifications Framework.  
Grondel said the initiative would elevate not only skills, but also ethics. This would result in the industry attracting higher levels of talent - especially black talent.  

“Let us encourage our front-liners to be more knowledgeable and, more importantly, let us use what we have now created to attract career-minded young people and build a better industry and a better future for us all.”  
(Rodney Hayter, 10 Nov 2006)

First National Bank is a division of FirstRand Bank Limited.
An Authorised Financial Services Provider.
Source: Nedbank Property Talk