It’s hard to believe another year is almost over. It’s definitely been a challenging year in the property market, amongst other things. As we predicted 12 months ago, there was a sharp decline in the number of buyers with an appetite to purchase. This was in stark contrast to the increase of property owners who… Read More Reflecting on the 2018 Property Market
Two of the most common forms of property ownership are Freehold and Sectional Title. It’s important for a purchaser to understand the difference between the two, and what to consider when purchasing a sectional title property. Freehold is where you purchase a piece of land and the improvements thereon. You have title to the property,… Read More What to Consider When Purchasing a Sectional Title Property
Making the decision to purchase a property isn’t one that you take easily. For most of us, our property is our biggest financial asset. Searching for the right property is important, so here are some tips on how to go about it. The very first thing you need to do before you start shopping is… Read More Where To Start When Searching for Your Property
The most important questions that need answering in real estate are: when is the best time to sell? And when is the best time to buy? The best time to sell is when there are lots of buyers, fewer competing listings, and prices are increasing. This is the most common of markets that we experience,… Read More The Smart Time to Buy Property
It’s the question many tenants ask themselves – do we continue to rent, or is it time to purchase a property? There can be advantages to renting a property. For one, your monthly outgoing expenses will be less than if you purchase. You don’t have costs such as insurance, rates and taxes, and the maintenance… Read More Do I Rent, or Is It Time to Buy?
It’s a big decision that every seller has to make: how do I list my property for sale? By Sole mandate, Joint mandate, or Open mandate? Here’s the brutal truth regarding each option. Naturally, you’ll have to interview the agents you are considering to ensure what their individual offering is – but this should guide… Read More Sole Mandate, Joint Mandate, or Open Mandate?
It’s a cause for concern when you are listed on the market and your property hasn’t sold yet. If properly managed though, there is no need to panic. It’s important to realize that you will need to evaluate the situation and make some decisions if you want a result. Research shows that the quicker a… Read More Why Isn’t My Property Selling?