Auctioneer Registration: Standard

Auctioning property on behalf of others? Your property auctioneering firm must be registered with the PPRA and hold a valid Fidelity Fund Certificate (FFC).

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Key facts:Auctioneer Registration: Standard

  • No formal education pathway is currently available for these specialised categories.
  • A Principal Property Practitioner is not currently required.
  • Staff who interact with the public or handle trust account funds must hold valid FFCs.
  • All directors require FFCs, excluding non-executive directors who are required to apply for exemption.

This service is ideal for:

  • New or existing property auctioneering firms that need PPRA firm registration.
    Whether you auction residential, commercial or industrial properties on behalf of clients, we help you understand the registration requirements that apply to your business.

Firm-level PPRA compliance:

  • PPRA FFC Registration: Firm
  • PPRA FFC Registration: Firm Name Reservation
  • PPRA FFC Registration Assistance: Director Practitioner
  • PPRA FFC Registration Assistance: 1 Non-Executive Director Exemption

Agent-level compliance: for 5 employees

  • PPRA FFC Registration Assistance: Practitioner
  • PPRA FFC Registration Assistance: Change of Employment
  • PPRA Exemption: E1 Specialised Category Education

FIC compliance services:

  • RMCP: Contract Template
  • Compliance Guidance: POPIA, B-BBEE and PAIA
  • SARS: Tax Clearance Status Check
  • FIC: Registration Guidance and Declarations
  • Firm Guidance: FIC, POPIA and PAIA

What you do:

Implement our guidance and procedures while focusing on auctioning properties and growing your business.

What we do:

Provide the tools, guidance and updates to help keep your firm and team compliant, reduce regulatory risk and handle PPRA communication on your behalf.

How Much Does It Cost?

Once-Off Setup Fee: R12 000

This includes PPRA FFC matters for up to five employees.

An additional fee applies for each employee thereafter.

Please note: PPRA and other third-party fees are not included.

Optional Add-Ons

Need something extra? You can easily add additional services to your cart, including:

  • PPRA Exemption: Trust Account
  • Additional PPRA FFC Registration Assistance: Non-Executive Director Exemption
  • Additional PPRA FFC Registration Assistance: Practitioner

We’re flexible like that.

Ready to Get Started?

Get your property auctioneering firm registered with the PPRA through King Large Real Estate Services. We manage your firm registration and guide you through the Fidelity Fund Certificate (FFC) requirements, so you can focus on running auctions and growing your business.

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