The Institute of Estate Agents of South Africa is the property industry's number one professional body since 1937. History of IEASA Institute of Estate Agents & Auctioneers of South Africa (IEAASA) was founded in 1937 by four provincial estate agent associations which joined forces as a national body: the Real Estate Agents' Institute of the Transvaal (formed in 1905); the Natal institute; the Orange Free State institute (formed in 1932); and the Cape of Good Hope Institute of Chartered Estate Agents and Auctioneers (formed in 1935). The first president van Henry Hermann. The objects of the IEAASA were to to look after the professional interests of their members; to raise industry standards; and in so doing to help protect the consumer. The auctioneers formed their own association in the 1960s, and in 1967 the IEAASA changed its name to the Institute of Estate Agents of South Africa (IEASA), which has remained its name, except for a few years (1995-2001) when the organisation was called the "Institute of Realtors of SA". Until the early 1990s, the IEASA was a single organisation, with a chief executive and head office in Johannesburg and nine branch offices. In 1994, it was reorganised into autonomous regional institutes, and the head office was reduced to a co-ordinating board of directors.
