Most Recent Ask Articles
#ImStaying MOVEMENT TO HELP THE LOCAL PROPERTY MARKET
The #ImStaying movement has taken our nation by storm following the flood of negative sentiment that surrounded the ongoing violence around women and children within South Africa. While some choose to try and escape the issues and emigrate, others are choosing to plant their roots even further and embrace the things that make our nation great. Regional Director and CEO o
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MODERATE GROWTH FOR HOUSING MARKETS ACROSS THE GLOBE
National house price growth has been struggling to outpace inflation since early last year. However, the South African property market is not the only one that has experienced a slow period of growth. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, property markets around the globe have also either recently emerged from a trying market or are starting to see si
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FROM RETAIL TO REAL ESTATE
It is not easy to make a good living within South Africa. According to data from the Southern Africa Labour and Development Research Unit (SALDRU), you are part of the richest 10% if you take home just R7,313 a month. In fact, of the 7.5 million households in major metros, Stats SA reveals that roughly 28% live on less than R2,500 a month. Considering these odds, one needs to make smart career cho
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RE/MAX National Housing Report Q3 2019
SALES INCREASE AS PRICES SHOW MODERATE GROWTH The South African property market has been experiencing a lull since early last year, with national house price growth struggling to outpace inflation. However, according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, the results of the RE/MAX National Housing Report for Q3 2019 reveal that we might be on our way to brea
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BREAST CANCER SURVIVOR STORIES
Driving Awareness Around Early Detection & Cure According to the National Cancer Registry (2014), Breast Cancer directly affects 1 in every 27 South African women, making it the most common cancer within this demographic. Breast cancer is almost always curable if detected early. Yet, most women still fail to go for regular mammograms and perform self-examinations to check for lumps or irreg
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WHAT YOU HEARD ABOUT JOINING RE/MAX MIGHT NOT BE TRUE…
These are some of the comments we’ve heard over the last 20 years, and they’re simply not true. Let's set the record straight and give you the lowdown: 1. “You can only join them as an independent contractor.” It is true that RE/MAX was founded on the 100% commission model, where the agent gets to earn the full commission on a transaction and then pays back a servic
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3 THINGS YOU NEED TO KNOW ABOUT THE HOUSING MARKET RIGHT NOW
Many concerns have been raised following a period of slowed house price appreciation across the country. While some of these concerns are valid, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, explains that others are easily overcome if you understand certain things about the current housing market. 1. House Prices are growing slightly below inflation The bad news is t
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AVOID BECOMING THE VICTIM OF A CYBER ATTACK
Over the last few months, the real estate industry has been the target of several attempts at cybercrime, including phishing attacks and email spoofing. Because real estate professionals deal with the personal information of buyers and sellers, the profession is often viewed as a desirable target for cybercrime. In order to prevent these sorts of crimes, Regional Director and CEO of RE/MAX of S
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FOURWAYS MALL EFFECT ON THE RESIDENTIAL MARKET
The largest shopping centre in South Africa has recently opened its doors. Fourways Mall boasts a total of 450 shops and covers an astounding 178,000m². This new development is set to be a huge drawcard for the area which in turn will undoubtably influence the values of homes in the surrounding suburbs. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Gosl
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A MISSED OPPORTUNITY FOR FURTHER ECONOMIC GROWTH: INTEREST RATES UNCHANGED
The Monetary Policy Committee (MPC) took a cautious decision by announcing today that interest rates will remain unchanged until their next meeting in November. The prime lending rate therefore remains at 10% and the repo rate at 6.5%. “Our economy is already showing signs of recovery, reflecting a 3.1% growth in our GDP for the second quarter of 2019. With inflation dropping to 4% in Jul
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MINING BOOM TO BOLSTER KATHU PROPERTY MARKET
There has been some speculation that there might be another mining boom in the Northern Cape thanks to the province’s rich supply of minerals that are often used in the manufacturing of new technology (such as zinc, nickel, lead, copper and cobalt). Kumba Iron Ore, one of the major mining companies in this region, also recently announced that their headline earnings for the first half of the
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WHY RIEBEEK KASTEEL SHOULD MAKE INVESTORS’ WATCH LIST
The Western Cape has been on the radar for property investors for a few years now. Following a period of over-escalated house price growth, the province has since experienced more subdued price escalations. According to Standard Bank, Western Cape HPI grew 2.4% y/y in 2Q19, from 1.5% y/y in 1Q19. This is well below the national average of 4.1% y/y in 2Q19. “Right now is the perfect time f
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