Estate agents fear transfer duty rise may slow market
It was good and bad news for the property sector in Finance Minister Nhlanhla Nene's Budget speech this week.
[Read More]Posted at 07:43AM Mar 02, 2015 by Editor in Market |
Estate agents and commission claim disputes
"People generally wouldn't try to get out of paying a garage bill or a doctor's bill, but why then do sellers feel they can try and get out of paying commission to their estate agent?" asks Lanice Steward of Knight Frank Residential SA.
[Read More]Posted at 07:14AM Feb 27, 2015 by Editor in Market |
Transfer duty threshold increased to R750 000
Yesterday's new budget included a surprise increase in the new threshold below which the transfer duty is not payable up to R750 000.
[Read More]Posted at 06:04AM Feb 27, 2015 by Editor in Market |
Ownership of land: 'We'll act lawfully'
The government has moved to allay fears on foreign land ownership and won't do anything "foolish" when applying the new legislation.
[Read More]Posted at 07:27AM Feb 25, 2015 by Editor in Market |
Stocks shrink as more people stay put
There are serious stock shortages in the South African property market says Lanice Steward of Knight Frank Residential SA.
[Read More]Posted at 07:30AM Feb 23, 2015 by Editor in Market |
Estate agents want clarity on land plan
Estate agents have called on the government to clarify the issue of foreign land ownership which has led to confusion in property circles.
[Read More]Posted at 07:09AM Feb 20, 2015 by Editor in Market |
Crime knocks property prices
A crime wave through your suburb could knock off more than 5 percent of the value of your home, a new study has revealed.
[Read More]Posted at 06:30AM Feb 20, 2015 by Editor in Market |
Illegal property occupiers lose case
Society would not accept that economically deprived people could simply help themselves to the assets of others, a Durban High Court judge said, ruling against a group of "home invaders" seeking an order stopping their eviction from a new housing development in Newlands.
[Read More]Posted at 04:28AM Feb 20, 2015 by Editor in Market |
Accurate property valuation 'indication of an agent's skill'
"There is no aspect of an estate agent's work which so clearly reveals the difference between the amateur and the professional estate agent so clearly as the market pricing evaluation process," says Tony Clarke of the Rawson Property Group.
[Read More]Posted at 08:14AM Feb 19, 2015 by Editor in Market |
How much does an agent need to know of buyer's finances?
"Telling someone how much you earn, or for that matter, how much you owe to your creditors, is something that most would like to keep private and close to their chest," says Adrian Goslett of RE/MAX.
[Read More]Posted at 08:09AM Feb 19, 2015 by Editor in Market |