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Most Recent Selling Articles

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A MISSED OPPORTUNITY FOR FURTHER ECONOMIC GROWTH:  INTEREST RATES UNCHANGED

A 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...

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WILL DOWNSIZING RELIEVE THE FINANCIAL PRESSURE?

WILL DOWNSIZING RELIEVE THE FINANCIAL PRESSURE?

When it comes to financial stress, downsizing sometimes makes the most sense to keep up with the rising costs of living. As tough as it might be, you stand a much better chance of recouping your losses and bolstering your financial position if you sell before you start falling behind on your bond repayments. Below are some of the pros and cons to downsizing: Con: Hidden Costs Be prepared fo...

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GIVING YOUR APARTMENT A UNIQUE SELLING EDGE

GIVING YOUR APARTMENT A UNIQUE SELLING EDGE

Across the region, we are seeing an uptake in sectional title sales. With more and more sectional title developments emerging all around the country – particularly in the major metropoles – sellers are going to have to ensure that their sectional title units have enough of a unique selling edge to remain competitive with the units next door. Scout out the competition The first plac...

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SPRING CLEAN TO SELL YOUR HOME

SPRING CLEAN TO SELL YOUR HOME

A Spring Clean is a great way for sellers to get their homes in show day condition and ensure that their property stands out in the current competitive real estate environment.  First impressions count When it comes to property, appearances matter – so make it count in the right way. If buyers have the choice between two homes in an area that offer similar features and are within th...

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MINING BOOM TO BOLSTER KATHU PROPERTY MARKET

MINING 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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WHY RIEBEEK KASTEEL SHOULD MAKE INVESTORS’ WATCH LIST

WHY RIEBEEK KASTEEL SHOULD MAKE INVESTORS’ WATCH LIST

The Western Cape has been on the radar for property investors for a few years now. Following a period of over-escalated house price growth, the province has since experienced more subdued price escalations. According to Standard Bank, Western Cape HPI grew 2.4% y/y in 2Q19, from 1.5% y/y in 1Q19. This is well below the national average of 4.1% y/y in 2Q19. “Right now is the perfect time f...

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EXPLAINING THE RE/MAX BUSINESS MODEL

EXPLAINING THE RE/MAX BUSINESS MODEL

What makes the RE/MAX business model unique is that it is built around the concept of entrepreneurship. Each RE/MAX office is independently owned and operated and top producers have the opportunity to join an office as an independent contractor. To understand what this means, below is a list of the key concepts that define how RE/MAX is structured: Regional Support vs Head Office Our offices a...

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RE/MAX OF SOUTHERN AFRICA TURNS 25 IN 2020

RE/MAX OF SOUTHERN AFRICA TURNS 25 IN 2020

The RE/MAX of Southern Africa network is getting revved up for their bi-annual RE/MAX Sun City Convention, to be held on 19-21 February 2020. Doubling as the celebration of the brand’s 25th birthday in the region, this year’s event promises to be bigger and better than ever before! “With over 2,400 agents operating through 160 offices registered in 10 different regions across...

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ARE ESTATE AGENTS STILL RELEVANT

ARE ESTATE AGENTS STILL RELEVANT

With more and more online real estate agencies popping up both locally and internationally, the question on everybody’s lips is whether the real estate profession will go the way of the milkman. However, unlike milk, property is not something you can simply throw down the drain if your purchase happens to turn sour. To decide whether traditional real estate agents are still relevant, you...

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FEMALES DOMINATING THE PROPERTY MARKET

FEMALES DOMINATING THE PROPERTY MARKET

It seems crazy to think that females, who were once excluded from the right to own property, are now the largest group of property buyers in South Africa. According to Lightstone Property statistics, roughly 72,000 residential properties were purchased by single women in South Africa last year, far surpassing the number of homes sold to men (around 62,000) and married couples (around 65,000). &...

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RE/MAX THE FORERUNNER FOR GENDER EQUALITY IN REAL ESTATE

RE/MAX THE FORERUNNER FOR GENDER EQUALITY IN REAL ESTATE

Given that so many real estate professionals are female these days, it can be easy to forget that, much like most other industries of the day, the real estate industry was once a ‘boys only’ club. In fact, RE/MAX was considered incredibly progressive back when Dave Liniger first started the brand in Denver, Colorado in 1973, with three of his four first-ever recruits being female. T...

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ADVICE FROM OUR TOP AGENTS

ADVICE FROM OUR TOP AGENTS

This Women’s Month, in the hopes of encouraging and inspiring other young women in their journey towards success, the top female earners within the RE/MAX of Southern Africa network offer their unfiltered advice on what it takes to be successful both in life and within the real estate industry.  As the only recipient of the Luminary of Distinction – awarded to those who have be...

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