We’ve previously reported that this year has seen a significant drop in the numbers of properties listed for sale in the mid-to-lower price ranges – not just in the Helderberg area, but across most markets in South Africa. This is generally good news for property owners in this price range as it means that buyers… Read More Shortage of Property Listings Challenges Agents’ Ethics
The biggest concern a property seller has is that they sell for less than they should. The very thought of underpricing is the stuff nightmares are made of! And so, in order to prevent this, many sellers price too high. We discussed the negative impact of overpricing last week – but it generally means that… Read More Ensuring You Never Sell Below Market Value
It’s by far the most pressing question for property sellers: What is my property worth? Before listing, a seller will call in a few estate agents to get their opinion on market value. Sadly many agents will wander through the property, ask the seller what they would like to achieve, and then agree to the… Read More Who Determines Market Value?
For a while now buyers have been expressing their frustration at the fact that the national property portals and websites are cluttered with listings that are not for sale. With decreasing stock levels the problem has worsened. Estate agents usually advertise property for sale on the Internet by uploading listings to their own company website,… Read More Buyers Frustrated at Website Clutter
Overseas buyers love South Africa, and in particular the Western Cape. Many come here on holiday, only to end up purchasing a property in South Africa for the lifestyle. If you live in Europe this is an attractive proposition. The time zones are very similar, so you don’t have to deal with jet-lag. Flights from… Read More The Importance of Foreign Investment
Moving out of your property is hard work, not to mention stressful. There are a thousand and one arrangements to make, and things seldom go according to plan. When you find the property you are moving into isn’t in the condition you expected it, you have a sense of humor failure. If only your seller… Read More Handing Over Your Property to Your Purchaser
Sadly, the South African consumer seldom complains about sub-standard service. Perhaps that’s because we’re trying to be polite, or because we’re concerned our comments may not be well received. It’s a shame really because, by our silence, we really condone poor service. I’m writing this whilst in Australia at a Harcourts International Conference. We can… Read More Don’t be Satisfied With Less