Leaving decision-making to your “gut feeling” can work in many realms of life, but when it comes to buying investment property, those with a proven strategy are more likely to succeed. If you are actively in the market for an investment property, you will be met with numerous “opportunities”, but only a few are likely… Read More How to Pick the Right Investment Property
Whilst a private sale isn’t commonplace in our market, it could sometimes happen that a buyer and a seller agree to enter into an agreement of sale without the property going to market. When this happens, what should the parties be aware of? As a purchaser, you need to appreciate that you don’t have the… Read More Buying and Selling Privately
In many property markets there is currently strong demand and a shortage of suitable listings. The “supply and demand” principle drives all markets – and the present status is good for property sellers. This often creates an environment conducive for competition amongst buyers which translates into buyers offering the maximum. Competition is healthy, and it… Read More Get The Most For Your Home Without Starting a Bidding War
The role of your estate agent is critical to you, as the seller, in obtaining the best price for your property. However, once the paperwork has been completed there is much to be done to get the property to transfer to the new purchasers. In this process there are many potential pitfalls that can be… Read More The Importance of a Good Conveyancing Attorney
From time to time we meet property sellers who decide to sell their property themselves. In our experience there are usually two reasons why a seller may decide to do so: they’ve had a bad experience with an agent, or they wish to save the cost of the agents fee if they can. Both reasons… Read More Selling Privately
That’s a sensitive topic. I guess you could also ask if a heart surgeon charges too much. I’m not suggesting the skills are comparable in any way. But what I would suggest is that the answer to the question is comparable. If the heart surgeon was the best in his field, had an excellent success… Read More Do Estate Agents Charge Too Much?
When the term of a lease nears its’ conclusion the landlord will usually want to negotiate new terms with a tenant. In the absence of this, the existing lease will continue on a monthly notice basis – but in most cases there is a renegotiation that takes please. It’s natural for a tenant to want… Read More Renegotiating a Lease Renewal
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 amazing how surprised we are when we buy the cheaper product and then get frustrated that the quality isn’t what we expected. We then end up having to buy the more expensive product anyway. Result: the cheaper product was more expensive. There is an international rule that says’ “you get what you pay for”. … Read More Cheap is Not Good. And Good is Not Cheap.
In a rising market agents scramble to secure good listings. It’s a fact that the best agents are the agents with the best listings. Sadly though, in their drive for listings some of the feedback we’ve received is that buyers feel they are often neglected. This frustration isn’t something peculiar only to South Africa. I’m… Read More Service to Buyers Leaves Room for Improvement