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Thursday Jun 29, 2017

Property market in decline

While South Africa is currently in a recession, the property market has been on the decline for a number of years, say property economists.

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New law to regulate property practitioners

A new proposed Property Practitioners Bill is set to replace the current Estate Agency Affairs Act.

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Tuesday Jun 27, 2017

The metamorphosis of the estate agency

Estate agencies say they have stood the test of time and will continue to do so "as long as we continue to evolve and innovate our offerings, both to our clients and our agents."

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Monday Jun 26, 2017

Many property buyers don't understand the 72 hours clause

As with many aspects of South African property law, the general public often know about the 72 hours clause but frequently do not fully understand it and its implications.

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Thursday Jun 22, 2017

The gap widens between asking price and selling price

The differential between the listing price and selling price of homes in the current market can be as much as 30%.

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Wednesday Jun 21, 2017

EAAB protects against unscrupulous agent behaviour

According to a Homeowner Insights study conducted by Absa and Columinate in 2016, only 16% of people selling their properties trusted their estate agents.

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Tuesday Jun 20, 2017

Building plan data show that people are downsizing

The real value of building plans passed by larger municipalities in the first four months of 2017 declined by 21.9 percent year-on-year.

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Monday Jun 19, 2017

Home buying expected to take turn for worse

South Africa's credit rating downgrade and the current economic downturn and the current economic downturn is slowly starting to impact the country's property market, with house price growth and levels of home buying expected to soon take a turn for the worse.

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'Cut your price – and get the jump on other sellers'

Just about everyone knows now what happens when a home for sale is overpriced - but no-one wants to think that it could happen to them.

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Property - Asset or expense?

Is property an asset or expense? At first glance, the question seems to be simple to answer, of course, property is an asset. However, there is more to it than initially meets the eye.

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