Most Recent Buying Articles
RE/MAX ANNUAL COATS & CANS DRIVE
It can feel overwhelming to think how you might be able to help those in need when issues of hunger, unemployment, and homelessness continue to grow each year. But, each small contribution can go a long way towards improving the lives of those living within Southern Africa. “As a way of giving back to our local communities, we will be running our annual Coats & Cans drive where people
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RE/MAX NATIONAL HOUSING REPORT Q1 2022
Rising Interest Rates Impact Housing Market Activity Following a season of unprecedented sales volumes, activity within the South African Housing market has begun to subside, most likely as a result of the interest rate hiking cycle that started in November last year. According to Lightstone Property data, a total of 36,685 bond registrations were recorded at the Deeds Office over the perio
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CAN YOU PULL OUT OF A HOUSE SALE?
It’s not uncommon for buyers to try and cancel a house sale after signing the contract, but what actually happens when you withdraw from a house purchase? What happens when a Seller decides they no longer want to sell their property, or the Buyer finds something else they love more after the Offer to Purchase (OTP) has already been signed? Can a party simply walk away from the transaction? L
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TOP TIPS FOR PAYING OFF YOUR PROPERTY BOND EVEN FASTER
When buying a house, very few people can purchase without securing a home loan first. The monthly home loan repayment amount can be quickly estimated using a Bond repayment calculator, but it’s important to remember that there are other costs associated with a home purchase too. From transfer duties to the tax levied, as well as conveyancing, initiation and bond registration fees, the costs
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SHOULD YOU BUY OR BUILD A NEW HOME?
We all love to dream about our perfect home, but is it better to hunt for that already existing property or should you build your very own dream house from scratch? Let's explore this very important question together … What are the advantages of buying a home? If you’ve decided to buy rather than build, here are some of the advantages you can look forward to enjoying: 1.
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WHAT ARE THE BENEFITS FOR FIRST-TIME HOMEBUYERS?
Have you ever wondered if there are any benefits to being a first-time home buyer or if the South African government helps first-time homebuyers in any way? There are a few perks to buying a house in South Africa for the very first time. To start, there is a government subsidy that makes homeownership a reality for those entering the market for the very first time, namely the Finance Linked Indivi
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INTEREST RATES CLIMB EVEN FURTHER
Interest rates continue to climb following the latest announcement by the Monetary Policy Committee (MPC). The repo rate jumps by 25 basis points to 4.25%, leaving the prime lending rate at 7.75%. This comes as no surprise to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, who had predicted that interest rates would climb in response to rising inflation and the global in
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TOP TIPS FOR BEGINNER REAL ESTATE AGENTS
What is the best way to start as a real estate agent? Becoming a certified real estate agent is a relatively easy process but there is also a fine art to becoming a successful property professional. There are plenty of perks to being an estate agent. You can be your own boss, meet new people, and help families through one of life's biggest milestones. For those who have recently joined the pro
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PITFALLS TO AVOID WHEN SELLING YOUR HOME
Making mistakes and learning from them is part of the growing pains of life. But being able to avoid mistakes all together is even better. There are a few common mistakes that sellers can avoid to ensure that they maximize their return on investment. Here are a few preventable mistakes to avoid when selling your home. Getting Emotional Selling your home can be an emotional rollercoaster. The
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4 TYPES OF PROPERTY INVESTMENTS IN SOUTH AFRICA
The South African property market has plenty to offer both novice and experienced real estate investors alike. Join us as we explore commercial and residential investment options and how to make the most of exciting opportunities when you find them. Golden nuggets of property investment advice “Location, location, location” still rings true, but municipal logistics and future
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RE/MAX SA WINS GLOBAL LUXURY LIFESTYLE AWARD 2 YEARS RUNNING
For the second year in a row, RE/MAX of Southern Africa has claimed the coveted title of Best Real Estate Brokerage in South Africa according to the 14th annual Luxury Lifestyle Awards. These awards recognize excellence across a range of industry sectors worldwide. Last year, RE/MAX was the first to win this award within the region as in previous years, this award category-focused mainly on Ame
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How to Become a Real Estate Agent in South Africa
Resiliency, good interpersonal skills and willingness to go the extra mile. If this is you, then you just might be cut out for the life of a certified property practitioner. Being a real estate agent could be one of the most lucrative professions you can pursue. That being said, the job is not for everyone. It requires passion, dedication, and a willingness to go above and beyond. For those who ha
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