For most of us, we need finance in order to purchase property. It’s devastating to find the home of your dreams, close a sale, and then find out later the bank has declined your finance. So what can be done to avoid this situation and improve your chances of your finance being approved? When you… Read More Improve Your Home Finance Chances
It may have come as a surprise to many economists, but the recent interest rate increase a wise move – at least I think so. The market has enjoyed nearly 2 years of steady recovery, and sometimes it’s easy to lose touch with reality. The reality is that many world economies are still in a… Read More What Effect Will Interest Rates Have on the Property Market?
It’s hard to believe that 2013 is almost over. It seems like just the other day we were kicking off a new year. Every year brings with it an expectation. So what happened in real estate locally, and what trends have developed? It was initially forecast that property values would experience steady growth of 7… Read More Real Estate Trends of 2013
The newspapers are full of accounts of how residents banded together to assist those affected by the floods in the Helderberg last week. The Somerset West Facebook page was “flooded” with offers to assist those in need. Calls went out to evacuate Vergelegen Medi-Clinic, and many responded. Early on Saturday morning I drove through Bizweni… Read More When a Crisis Unites the Community
Often a property seller asks an agent roughly how long it will take to sell their property. The answer may have a bearing on when they decide to list their home, and the timing of their move. The two issues that cannot be controlled by an agent are how much a property will sell for,… Read More How Long Will It Take to Sell My Property
Effective marketing of your property to buyers is critical to you achieving the price you deserve. It’s so sad when we see sellers making little effort to present their homes well – despite pleas to do so. I often compare the marketing of a property to dating. Back in the day when we went out… Read More How Do I Make My Property Appeal to Buyers?
When selling there are 5 critical issues to consider, of which one is how much commission you will pay. The other 4 are: What is the market value of my property, what marketing will I receive, what is the service I will get, and which agent will I select. The amount of commission you pay… Read More Estate Agents and the Fees You Pay
Many sellers have an aversion to putting their property on show, or erecting a For Sale board. Do you really need these to sell your home? No – not if you don’t want to sell for full market value. Allow me to explain. Every buyer will try to purchase for the lowest amount. If a… Read More Do Sellers Really Need Showhouses and Boards?
The first 4 months of 2013 have seen a healthy improvement in the local property market. The property market, like all markets, works on supply and demand. When there are more properties for sale than there are buyers then there is a “buyers market” – which generally means that buyers are in control and make… Read More Healthy Activity in the Local Property Market
So you are listed on Sole Mandate with a real estate company and it’s just not working for you. What are your options? Before you judge your agent, consider the following truth: An estate agent can’t control when a property sells, or how much it will sell for. Both of these issues are controlled 100%… Read More A Sellers’ Options When Their Mandate Isn’t Working