A survey completed by the Institute of Estate Agents of South Africa (IEASA) has revealed a number of interesting facts about estate agents and the local property market, which has under gone a few changes recently.

Over the past five years the number on registered black estate agents in South Africa has more than doubled.

“In real terms the increase means that the number of black agents registered has risen from about 2000 to around 4200,” says Dr Willie Marais, national president of the IEASA “and we are delighted at this growth, which we see as an important sign that the residential property market overall is becoming more integrated”.

The survey also recorded certain demographics of agents and agencies, their business activities and technology usage.

This revealed among other things that the typical SA agent is aged between 35 and 55 (54%); married with two children (72%) and earns R13 000 or less a month (54%).

More details of the survey are expected to be released over the next few weeks.