Popular Articles
Budgeting Tips for New Real Estate Agents
Mistakes are inevitable when one starts out. New estate agents are no exception. Typical mistakes that new estate agents make include “doing” the business without a roadmap, budget or marketing plan. Then, there’s poor cash flow – or lack of it when sales are slow – which can be compounded by confusing personal and business expenses. In this article we share some words from the wise so that you ca
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The Impact of the Repo Rate on Your Home Loan
If you hold any kind of debt, it is important to keep a close eye on interest rates: as interest rates go up, so do your monthly repayments. The interest rate that your bank charges is based on the repo rate which is set by the South African Reserve Bank (SARB). To help you stay on top of this, we’ll explain what the repo rate is, how it is set, and, critically, its impact on your home loan. Wh
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Estate Agents’ Commission Ins and Outs
Selling your home is an important financial – and often emotional – decision. Property transactions also involve complex legal processes associated with the contract to sell and register the property into the new owner’s name, not to mention marketing the property so that you get the optimum price. A real estate agent works with property sellers to market the property and once a buyer is found
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Franchise VS Own Business: Weighing the Pros and Cons
Starting and owning a business may well be your dream but remember: behind many a successful entrepreneur is at least one failed business. Often more than one. In an economy where unemployment is high, the logical thing to do is to create your own job. However, that’s easier said than done and comes with significant risks. In this article, we’ll unpack the significant advantages of buying into a f
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A Beginner’s Guide To Flipping Houses
Property is a great long-term investment strategy. And, although riskier, house flipping can also be a great short-term investment strategy. However, like all investments, one needs to know how to do it in a way that maximises your return and minimises the potential risk for loss. What is house flipping? When the motivation for a house purchase is with the specific goal of fixing it up and r
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GETTING TO GRIPS WITH THE VALUE OF YOUR PROPERTY
Apart from being your home, property is also an investment. For a range of reasons, you may want to ascertain the value of your asset from time to time. In this article, we’ll look at the reasons why regular updates about the value of your property can be useful, how the resale value is determined, and how to go about finding out the current value of your home or property. What is the differenc
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