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MPC TO STIMULATE HOUSING MARKET BY ANNOUNCING LOWER INTEREST RATES

MPC TO STIMULATE HOUSING MARKET BY ANNOUNCING LOWER INTEREST RATES

The Monetary Policy Committee (MPC) announced some positive news for our country today by lowering the interest rate by 25 basis points. The repo rate drops to 6.25% and the prime lending rate changes to 9.75%. “We commend the MPC for making the decision to lower interest rates at this meeting. The MPC has acted prudently by seizing this opportunity to further stimulate our economy by ann...

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HOW ESTATE AGENTS MAKE BUYING EASIER

HOW ESTATE AGENTS MAKE BUYING EASIER

Considering how easy technology has made it for us to search for a home ourselves, many feel that it is simply not worth involving an estate agent to help with the buying process. But, having an estate agent help you look will save you time and, quite possibly, spare you some money as well. Below are a few of the ways real estate agents add value during the home-buying process: 1. TIME SAVER...

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HOW TO SELL YOUR HOME WHEN YOU HAVE PETS

HOW TO SELL YOUR HOME WHEN YOU HAVE PETS

Owning a pet is great for the family and one’s emotional health. However, it can be a hindrance when it comes to selling a property. To be competitive in the property market, sellers need to put their best foot forward and ensure that their home is clean and in good repair. If you want to sell your home with pets, this can be slightly more challenging. Luckily, there are ways for you to g...

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WHAT IS PRE-APPROVAL AND WHY IT MATTERS

WHAT IS PRE-APPROVAL AND WHY IT MATTERS

Have you ever left the house without first checking the weather forecast? Confident that you know how the day will turn out, you pop on a pair of shorts and a t-shirt and head out. Soon, the weather takes an unexpected turn for the worse and you’re sat shivering in the corner with nothing but a serviette to cower under. Beginning your house hunting without first acquiring pre-approval on...

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TIPS TO HELP SELLERS GET THEIR FULL ASKING PRICE

TIPS TO HELP SELLERS GET THEIR FULL ASKING PRICE

Selling a property for the full asking price can be challenging, especially within the current market where supply far outweighs demand. Everybody is looking for a bargain which means that sellers are going to have to convince buyers that their home is well worth its asking price. These days, sellers are not ill-informed. Thanks to internet access and property portals, buyers have access to all...

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REACH YOUR NEW YEAR’S RESOLUTION TO OWN YOUR HOME

REACH YOUR NEW YEAR’S RESOLUTION TO OWN YOUR HOME

Realistically, it will be tough to meet your resolution in time for the next New Year’s celebration if your goal is to purchase property but you’ve yet to put aside a single penny towards it. However, it might be possible for those who set a timeframe and develop a valid plan to achieve the goal within these parameters. The key is to have the perseverance to stick to the proposed st...

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PREDICTIONS FOR THE 2020 REAL ESTATE MARKET

PREDICTIONS FOR THE 2020 REAL ESTATE MARKET

We are narrowing in on the end of a somewhat tumultuous year of elections, world cup wins and SEO bankruptcy. As we draw to a close, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, reflects on the year we are about to leave behind and makes his predictions for the year ahead.  “The property market was off to a slow start in the beginning of the year building u...

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HOW TO GET THROUGH JANUARY WITHOUT GETTING INTO DEBT

HOW TO GET THROUGH JANUARY WITHOUT GETTING INTO DEBT

According to Stats SA, there were 15,226 civil judgements for debt amounting to R312,7 million recorded in September 2019. The largest contributor to these cases was for money lent, amounting to R91,9million or 29,4% of the total debt cases for the month. If you want to avoid being part of these statistics, then you will need to plan and budget very carefully to survive the seemingly endless month...

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BEST SCHOOLING DISTRICTS IN SA

BEST SCHOOLING DISTRICTS IN SA

Now is the perfect time to start searching for a new home if you’re hoping to move in time for your child to be enrolled before the start of the 2021 school year. The process of selling your home can take between three to six months. Thereafter, registering a sale at the Deeds Office can take anywhere around three months.   Kevin Jacobs, Broker/Owner of RE/MAX Premier in Claremont, C...

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REASONS TO STAY IN THE LOCAL MARKET

REASONS TO STAY IN THE LOCAL MARKET

Recent reports reveal that emigration sales are on the rise, climbing from 7.3% of property sales in 2017 to 15.7% of sales in Q3 2019. While some may well be choosing to leave, those who choose to invest in the local property market can be glad they chose to stay instead. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the South African housing market still...

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HOW AGENTS DETERMINE AN ASKING PRICE

HOW AGENTS DETERMINE AN ASKING PRICE

While it is possible for homeowners to research certain information online, it is very difficult to accurately value your property without having the specific area knowledge, real estate experience and market savvy to set a realistic asking price. Here are a few elements that real estate agents look at when determining the right, most competitive asking price for a home: Interpreting past sa...

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‘TIS THE SEASON OF GENEROUSITY

‘TIS THE SEASON OF GENEROUSITY

It is estimated that over 13,000 children live in residential care facilities and well over 10,000 more live on the streets of South Africa. When thinking in these terms, it can feel overwhelming to consider making any kind of meaningful difference to the situation. However, according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, if we each just contribute in our ow...

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