Most Recent Buying Articles
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
Read moreWHAT 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
Read moreHOW TO CREATE YOUR PROPERTY WISHLIST
It can be an exciting endeavour to shop for one of your largest investments. However, before getting carried away with a list of dream features, it is best to define what it is that you want in a home versus what it is that you actually need. After some contemplation, you may find that the ideal home for you and your family is not what you initially thought it would be. Here are a few considera
Read moreFINDING THE FUNDS FOR FOREIGN PROPERTY INVESTMENTS
Though the process is much simpler if the buyer has the funds readily available, acquiring a home loan for foreign investments is possible, though not simple. Unless you have a good understanding of financial requirements, it is often better to involve a financing expert who can advise you on the various options that are available to you. For a brief synopsis of the options that South African i
Read moreHOW TO SELL IN A BUYER’S MARKET
In a buyer’s market, the number of homes up for sale is much larger than the number of prospective buyers looking to purchase. This means that sellers are less likely to fetch their full asking price and are more likely to wait longer for their home to sell. It is not, however, a lost cause for sellers who find themselves in these kinds of markets – they might just need to work a littl
Read moreAVOIDING BUYER’S FATIGUE IN A BUYER’S MARKET
Finding the perfect property is tricky in any market, but even more so when the supply of properties outweighs the demand, allowing you the right to be pickier than usual. This causes a sort of buyer’s paralysis which can in part be blamed on the modern ability to search listing portals on one’s own. Quit searching online alone Buyers can waste a lot of time trawling through all th
Read more3 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
Read moreAVOID 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
Read moreFOURWAYS 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
Read moreA 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
Read moreWHY BUYERS NEED TO SHOW THEIR ID BEFORE VIEWINGS
For those who are about to start the house hunting process, it will be helpful to have a copy of your ID on hand when you arrange a viewing appointment. It might be unclear why an estate agent would need to see your proof of identification before you can go and view a property, but this procedure is fast becoming standard practice to guard against potential criminal activity. Following severa
Read moreMINING 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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