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Zimbabwe: Estate Agents Council blacklists 79 real estate agents

Zimbabwe: Estate Agents Council blacklists 79 real estate agents

From senior reporter Vusumuzi Dube

The Estate Agents Council has blacklisted 79 Estate agents not to be officially registered at the council for most. In some cases, the entities/individuals are not registering the proper account.

In a public statement, the Estate Agents Council also notified the people to beware of dealing with these blacklisted entities further that the Compensation Fund and the council will not be in any way liable in case of a loss that occurs due to these dealings.

The council publicly notified the people that the named entities and proprietors are illegally working as estate agents cannot, therefore, trade in the domestic real estate market of Zimbabwe, which includes assistance in selling and maintenance of properties.

The entities and proprietors failed to follow the legislative requirements and guidelines of operations set by the council, which were made to ensure financial and legal security for the people investing in the industry. A Priority among these requirements was to have a PREA (Principal Registered Estate Agent) in place. The council advised the people to refrain from engaging in business with these estate agencies. The Compensation Fund and Estate Agents Council state that they will not accept any liability for any omissions or actions from these entities within the industry. 

Among the agents blacklisted by the council, some have closed their operations, whereas the remaining ones do not possess a Compensation Fund Certificate.

Many have been victims of such fraudulent estate agents who keenly market fake properties in the local media or house leasing to scam the people. These cases have grown in recent years.

The agents blacklisted by the council are below;

  1. Assorted Properties  
  2. Beanpole (Pvt) Ltd
  3. Bevkin Real Estate
  4. Brook Cherity Realty
  5. CMC Property Managers
  6. Portreal Africa Real
  7. Fingold Real Estate
  8. Homeslea Properties
  9. Ebannewal Estates- Continental
  10. National Real Estate
  11. Innovative Real Estate
  12. Metro Realty
  13. Phoenix Real Estate                                         
  14. Afrikingdom Real Estate
  15. Real Properties                                                   
  16. Ridgway Grant Real Estate
  17. Tentraline Real Estate                                        
  18. Hilstec Real Estate
  19. Bethel Properties                                               
  20. Bristol Properties
  21. Prolific-life Homes                                             
  22. Real Sales
  23. Sunbrid Properties                                             
  24. Ten Yards Real Estate
  25. Sherwood Greene Real Estate                           
  26. Treidon Real Estate
  27. TWRE-Harare                                                      
  28. Zim Auction Real Estate
  29. Property Connect                                               
  30. Shingirai Mtetwa
  31. Zonal Properties                                                  
  32. Modern Properties
  33. Zimproperty                                                          
  34. Keystone Real Estate
  35. Royal Properties                                                 
  36. Africa Real Estate
  37. Page Properties                                                   
  38. Elanders Twenty-Four Real Estate
  39. Revival Generations Properties                       
  40. Sand River Real Estate
  41. Cannogate Properties                                        
  42. Chipo Kagonda
  43. Dombo Dube                                                      
  44. Emporium Real Estate
  45. Esteem Real Estate                                          
  46. Genesis Real Estate Africa
  47. Grand Homes Real Estate                             
  48. Grapple Properties
  49. I-Links group of Companies                           
  50. Lahsun Real Estate
  51. Mangata Investments Pvt Ltd                       
  52. Mapha’s Accommodation services
  53. Mel Dube Properties                                        
  54. Midlands Real Estate
  55. Milton Properties                                           
  56. On Bargain Properties/ Vision Elite
  57. Parnald Properties                                         
  58. Phuthi Properties and Property management
  59. Prime Palmer Zimbabwe Private Limited
  60. Property exchange                                         
  61. Property Haven Real Estate
  62. Property Sales Harare Real Estate broker
  63. Realtors Merchants                                       
  64. Royal Eagles Realtors
  65. Simuka Realtors Pvt Ltd                                
  66. Status Asset managers
  67. Talent Mwembe/ Brian Nyoni Ncube          
  68. The Zimbabwe Tenants and lodgers association
  69. Thornlink Properties                                       
  70. Top Homes Properties
  71. Tusselehill Properties                                    
  72. Vakundi Realtors
  73. Victoria Properties                                         
  74. Wakestone Properties
  75. Primrose Rukwata                                          
  76. Compact Real Estate
  77. Bechak Enterprises
  78. Ash Much                                                              
  79. Baobab Real Estate
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