Property owners with properties that are illegally constructed, or don’t have approved municipal plans, could be in for an unpleasant surprise from the local council. For many years property owners have, wrongly, made minor alterations to properties without obtaining the necessary planning permission – something that the municipality is picking up on. In some instances… Read More Sellers – Are Your Property Plans Approved?
Showhouses have long been a very effective marketing tool used by estate agents. As times have changed though, the strategies around showhouses should have too. Consider the following: No more “hit and miss”. We’ve used showhouses in the days before the Internet. With modern technology, buyers can research property details and price ranges before they… Read More Showhouses – a Powerful Selling Method, But…
It’s true that landlords are often the victims of reckless tenants who fail to care for their rental property. But it’s not uncommon for a landlord to neglect their property, and their duty to the tenant. Whilst tenants are responsible to care for the property they rent, a landlord is responsible for “fair wear and… Read More Landlords, Maintain Your Investment Property
There are many decisions to make when you list your property for sale. One of the most critical is how you list for sale – Sole Mandate, Joint Mandate, or Open Mandate. Let’s discuss the pros and cons. A sole mandate is when you list exclusively with one real estate company who should undertake, in… Read More Joint and Open Mandates – Shooting Yourself in the Foot
You may or may not be aware that the City of Cape Town (COCT) published their updated property valuation roll last month. The municipal value of your property is the value on which your rates and taxes are calculated. It’s important to determine whether or not the new valuation fairly represents the market value of… Read More Is Your Municipal Property Valuation Correct?