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ANOTHER MONTH WITHOUT AN INTEREST RATE CUT

The Monetary Policy Committee (MPC) announced at their latest meeting that interest rates will remain unchanged at 8.25% (repo rate) and the prime lending rate at 11.75%. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, growth within the property market will remain muted until the rate cuts materialise, which many economists predict might occur in September o

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 dif

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 buy

RE/MAX SA RAKES IN AWARDS

The year has been filled with achievements for RE/MAX of Southern Africa. The brand has claimed numerous awards since the year began and are nominated to win more in the months to come. In April 2024, the RE/MAX SA anamorphic billboard campaign was named "Best OOH" at the MMA South Africa Smarties Awards. Special thanks to Mark1, Innovocean, and Hivestack for helping RE/MAX SA bring t

WHY DO TRANSFERS GET REJECTED AT THE DEEDS OFFICE?

Waiting for confirmation that your new home is actually yours – registered in your name – is a little like waiting for a new baby to arrive. There’s lots of happy anticipation tinged with worry. Usually, nothing goes wrong. But sometimes it does. The same can happen with a property transfer. In this article, we’ll look at the process that the Deeds Office follows to registe

INTEREST RATES TO REMAIN AT RECORD HIGHS

The Monetary Policy Committee (MPC) announced yet another disappointing outcome at their latest meeting, with interest rates remaining stable at 8.25% (repo rate) and the prime lending rate at 11.75%. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that this announcement will be a bitter pill to swallow for most South Africans. “Although it has been predicted

RE/MAX NATIONAL HOUSING REPORT Q1 2024

Despite a multitude of factors working against it, the South African property market remains surprisingly active in the first quarter of this year; but house price growth remains hampered by broader economic conditions. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa expected there to be slow growth in face of the external factors, including record-high interest rates, ri

How to own your own RE/MAX franchise in Southern Africa

One of the routes to success is owning your own business. You could start a business from scratch, or you could invest in a franchise with a proven business model for success with an established brand recognition – like RE/MAX. It comes with great advantages. All RE/MAX franchises are independently owned and operated and the cost to purchase a franchise is one of the most competitive in the

CAN LANDSCAPING INFLUENCE THE VALUE OF YOUR PROPERTY?

First impressions count. When it comes to house hunting, that first impression begins with curb appeal: the moment a buyer turns into your road and steps into your garden. In this article, we’ll look at how landscaping can influence the value of your property. What is landscaping? Landscaping can be a big, intimidating word. All it really means is the process of organising and shaping

ANOTHER MONTH WITHOUT ANY INTEREST RATE CUTS

Many will undoubtedly be disappointed to hear that the Monetary Policy Committee (MPC) did not choose to cut interest rates at their latest meeting, announcing instead that interest rates will remain stable at 8.25% (repo rate), leaving the prime lending rate at 11.75%. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that this announcement is disappointing. “W

HOW TO MAKE A NEW CITY FEEL LIKE HOME

Moving house is among the top five life stressors and even more so when the move is not just from one house to another, but to a new city or country. In another article, we discussed how the 80:20 principle plays an important role in choosing a new city and preparing for the move. In this article we’ll give you some useful tips and the odd life hack for putting that preparation – the 8

INTEREST RATES TO HOLD STEADY FOR NOW

Although not quite the cut most homeowners were hoping for, the Monetary Policy Committee (MPC) announced today that interest rates will remain stable at 8.25% (repo rate), leaving the prime lending rate at 11.75%. While a cut would have created more welcomed relief, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that this announcement will at least avoid placing f

Selling

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ANOTHER MONTH WITHOUT AN INTEREST RATE CUT

GETTING TO GRIPS WITH THE VALUE OF YOUR PROPERTY