Most Recent Ask Articles
R12.5 MILLION INVESTMENT OPPORTUNITY IN SEDGEFIELD
Perfectly positioned in the secure and exclusive gated estate of Cola Views in Cola Beach, Sedgefield, this R12.5 million home with five bedrooms and five bathrooms offers the prime investment opportunity for the savvy coastal buyer. Priced near the top end of this growing market, this home stands to grow only further in value. According to the suburb expert tasked with marketing the hom
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MOST EXPENSIVE APARTMENT IN SOUTH AFRICA
Listed at R170 million, this eight-bedroom beach oasis is currently the most expensive listing available within South Africa. Previously one of the most expensive listings in the country topped out at R150 million for a five-bedroom home in Fresnaye and was marketed by top sales associate, Karryn Cartoulis of RE/MAX Living. Since acquiring the listing in the latter half of 2020, Cartoulis
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HOW COVID HAS CHANGED THE GLOBAL REAL ESTATE INDUSTRY
From wearing face masks in public to socialising from two meters apart, society is adapting to the rather unusual circumstances that have been brought about by COVID-19. As with all industries, the global real estate industry has had to adapt to the new normal. In a recent blog posted by RE/MAX LLC, RE/MAX agents around the globe share the changes they have had to make in face of the pandemic a
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A MISSED OPPORTUNITY FOR GREATER PROPERTY PRICE APPRECIATION
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, house price appreciation and rental escalations have remained subdued for some time now; enough that an interest rate cut at this meeting could have hel
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RE/MAX National Housing Report Q4 2020
PROPERTY MARKET RECOVERS TO PRE-LOCKDOWN LEVELS OF ACTIVITY The South African real estate market has shown a remarkable recovery following the Deeds Office closure that occurred in the second quarter of 2020 and reflects nearly the same levels of activity as it had pre-pandemic. According to Lightstone Property data, a total of 44,885 bond registrations were recorded at the Deeds Offic
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PREDICTIONS FOR THE 2021 REAL ESTATE MARKET
We have come to the end of an unprecedented year. We now look ahead and make our predictions for the 2021 real estate market. Given what has occurred, we predict yet another year of mixed results as we continue to navigate through the aftereffects of the national lockdown and continue to battle against the pandemic. Low-interest rates mean more real estate sales “Interest rates are lik
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RE/MAX SA APPOINTS A NEW CHAIRMAN OF THE BOARD
The RE/MAX of Southern Africa board of directors have appointed Jo Neser, a retired director and now executive consultant at Cliffe Dekker Hofmeyr Inc, to be their new Chairman of the board, effective from 1 January 2021. As the brand’s corporate attorney for the last 25 years, Neser will no doubt add a wealth of practical knowledge and experience to the team. Originally from Springs, Gau
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TOAST TO OUR FOUNDERS THIS FOUNDER’S DAY
On 30 January, RE/MAX offices around the globe celebrate Founders Day: an annual celebration of the official inauguration of the RE/MAX brand on January 30, 1973. The day serves to acknowledge the efforts of the brand’s founding members who, forty-eight years ago, disrupted the real estate market by introducing the concept of 100% commission earners into the real estate environment. This
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RE/MAX NAMED #1 REAL ESTATE IN FRANCHISE TIMES TOP 200
For the 12th straight year, RE/MAX ranks as the No. 1 real estate franchise brand in the annual Franchise Times Top 200 list, based on global sales. The honour reinforces the enduring quality behind the RE/MAX brand name. Coming in at No. 16, RE/MAX joins household names such as McDonald’s, 7-Eleven and Taco Bell at the top of the widely respected list. “This recognition reflects th
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AVOID NON-REGISTERED RENTAL AGENTS OVER PEAK SEASON
As the rush of the summer holiday season approaches, areas along the coastal region often experience an influx of non-registered agents offering deals that are too good to be true on managing clients’ holiday rental properties. The trouble is that these clients will have little to no legal recourse against these agents if they turn out to be con artists. “We have heard several repor
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RE/MAX OFFICES ACT AS DONATION DROP-OFF ZONES THIS DECEMBER
From December to January, members of the public are invited to drop off donations of toys, books, stationary supplies and children’s clothing at their local RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2021, the donations will be dropped off at various local charities and children’s organisations across the country. According t
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STABLE INTEREST RATES LEAD TO HOUSING MARKET BOOM
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, interest rates are likely to remain low as we head into 2021. “There is the possibility that there will be a slight increase of around 0.5 points
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