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HOW TO FOLLOW UP ON LATE PAYMENTS

HOW TO FOLLOW UP ON LATE PAYMENTS

You’ve screened the tenant thoroughly and their credit check returned a glowing review. You even built a clause into the rental agreement that stipulated that any late payments would accrue interest payable on the following month’s rent. And yet, your tenant is still late on his/her payments. What is a landlord to do about this? The reality is that every landlord will likely have to...

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PROPERTY ADVICE FOR NEWLYWEDS

PROPERTY ADVICE FOR NEWLYWEDS

The notion that newly-wed couples will move from their childhood home into their first home together is as outdated as dial-up-internet. According to the 2015 Stats SA report, the average marriage age for men is 34-years-old and 30-years-old for women. Chances are high that both individuals in the couple will be living in their own place long before the question gets popped. The next question newl...

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GOOD NEWS FOR CAPETONIAN TENANTS

GOOD NEWS FOR CAPETONIAN TENANTS

October 2018 According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, some minor relief is in store for Capetonian tenants as they wait with baited breath for the final axe to drop in the form of an annual inflationary rent increase. “Following an onslaught of attacks on their disposable income over the last few months owing to a weak Rand, fuel cost hikes and...

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RE/MAX NATIONAL HOUSING REPORT Q3 2018

RE/MAX NATIONAL HOUSING REPORT Q3 2018

A Quarter of Contradictions Considering the announcement of a technical recession and ever-rising fuel costs pinching consumers even further, there can be no doubt that last quarter has been a tumultuous one. It is unsurprising, then, that the property market would yield some interesting contradictions during this period. “The third quarter of 2018 has produced some interesting trends...

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THE UPS TO DOWNSIZING

THE UPS TO DOWNSIZING

It can be difficult to adjust to a smaller home. But, if it’s any consolation, most South Africans who have bought new properties are living in much smaller homes than the ones they grew up in. According to data from FNB, the average size of a full title stand in 2017 measured just 552 square metres. That is almost half the average size of homes built in the early-70s (1,063 square metres)....

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WHICH PAINT COLOUR HELPS ME SELL?

WHICH PAINT COLOUR HELPS ME SELL?

Curb appeal might be subjective, but it’s not difficult to imagine that the listing of the bright blue home with a yellow roof gets less attention than other more neutral homes. Colour can have an exceptional impact on buyers. Understanding the costly and labour-intensive effort it would take to repaint a home, most buyers simply choose not to look passed the fact that a home is not painted...

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BEST SPOTS TO GET OFF-THE-GRID IN SA

BEST SPOTS TO GET OFF-THE-GRID IN SA

There are various reasons why people choose to get “off-the-grid” – a term coined to describe a household that does not receive public utility services from their city. Some do it to assert their independence and to escape the monthly service fees, others attempt it as an environmentally responsible endeavour to live a more sustainable lifestyle. “Whatever your reasons,...

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MPC BUYS CONSUMERS MORE TIME

MPC BUYS CONSUMERS MORE TIME

South Africans avoid any further tightening of their purse strings this afternoon following the announcement by the Monetary Policy Committee (MPC) of 2018 that interest rates would remain unchanged. The prime lending rate thus stays at 10% and the repo rate at 6.5%. “While most financial analysts predict that we will end the year at a repo rate of 6.75%, the MPC wisely has chosen to keep...

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WOMEN IN REAL ESTATE

WOMEN IN REAL ESTATE

One need only Google the CEO’s of the top forty listed companies on the JSE to discover the disparity that continues to exist between men and women in business. With the name of only one female CEO appearing on that list, the struggle for equal representation in positions of power is very much ongoing. One industry that continues to do well in this struggle is the real estate industry. &l...

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THE RISE OF THE INDEPENDENT WOMAN

THE RISE OF THE INDEPENDENT WOMAN

According to Lightstone data, single women who owned property in 2017 far outnumbered their single male property-owning counterparts. In fact, this group even managed to trump the number of married couples who owned property. But, before you celebrate this victory, you need to factor in that single women only outnumber their male counterparts in the lowest price band of properties valued at under...

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HOW TO BECOME A TOP GLOBAL EARNER

HOW TO BECOME A TOP GLOBAL EARNER

Want to know the secret to success? Don’t we all. Sadly, there is no single recipe for reaching that point in life where you can kick back and say: I’ve made it. What we can do, however, is listen to the advice of those who have. Annually, RE/MAX LLC compiles a list of the top 100 global individual and team earners. This year, RE/MAX of Southern Africa claimed 27 of the 100 spots in...

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KNOWING WHICH REAL ESTATE AGENTS TO AVOID

KNOWING WHICH REAL ESTATE AGENTS TO AVOID

Choosing the wrong real estate professional is like wearing an incredibly expensive pair of uncomfortable shoes. Unless you swap them out for a better fit, you’re going to have blisters to deal with at the end of the day. If the shoe doesn’t fit, don’t force it. The easiest way to tell that you have the wrong agent is if they make you feel doubtful or uncomfortable in any way....

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