Most Recent Buying Articles
RE/MAX SA NETWORK PERFORMANCE IN 2021
It can be overwhelming deciding who to partner with when selecting a real estate brand. We’re here to make your life a little easier by telling you why RE/MAX agents are the right choice. Whether you are buying, selling, or leasing, RE/MAX has a local real estate advisor who is best equipped to assist. Below are just a few of the reasons why we can call ourselves the #1 brand in real estate.
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IS IT WORTH BUYING A HOUSE TO RENT OUT?
Buying a house with the intent to rent it out can be a great passive investment move, right? You buy an affordable property, your tenants pay off your second home loan and you’ll have supplemental income from their rent payments! However, owning a rental property is more complex than tweaking leaky plumbing or fixing the air conditioning during heatwaves. Before you jump into the commitme
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HOW THE NEW PROPERTY ACT AFFECTS AGENTS & CONSUMERS
From 01 February 2022, the new Property Practitioners Act officially comes into effect. While this should not affect consumers too drastically, there are a few items of which to be aware before conducting any real estate transactions. Real estate agents will also need to pay close attention to this new act as it will have an impact on how they operate. “There is a lot in this act that jus
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GLOBAL PROPERTY GIANT TURNS 49
Each year, on the 30th of January, RE/MAX offices around the globe celebrate National Balloon & Founders Day. The day serves to acknowledge the official inauguration of the RE/MAX brand that occurred on January 30, 1973. Forty-nine years ago, RE/MAX introduced the concept of the 100% commission model into the real estate environment in Denver, Colorado. Dave Liniger, RE/MAX LLC Co-Founder &
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TOP 5 REASONS TO INVEST IN A HOME SECURITY SYSTEM
It can be costly to invest in home security or security devices. We wouldn’t blame you if you felt a little overwhelmed when deciding whether or not it is worth installing. To help put your mind at ease about this decision, we have compiled a few reasons why you need to invest in an advanced home security system. Before we get to that, we first need to unpack the meaning of “home secur
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HOME LOANS GET MORE EXPENSIVE WITH LATEST INTEREST RATE HIKE
We start the year with the second instalment of interest rate hikes following the latest announcement by the Monetary Policy Committee (MPC) to increase the repo rate by 25 basis points to 4%, leaving the prime lending rate at 7.5%. Although aware that a cycle of interest rate hikes was likely to be in the cards for 2022, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett wa
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RE/MAX NATIONAL HOUSING REPORT Q4 2021
Housing Market Activity Subsides The fourth quarter of 2021 revealed a change in tide for the property market, either owing to seasonality or to the start of an equilibrium following the first interest rate hike since the pandemic hit in 2020. According to Lightstone Property data, a total of 41,085 bond registrations were recorded at the Deeds Office over the period October to December 2021
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HOW LONG DOES IT TAKE BANKS TO APPROVE A HOME LOAN IN SOUTH AFRICA?
Getting a home loan is one of the most important steps to becoming a property owner. But how does the bond application process work and how long does it take banks to approve a home loan in South Africa? We’re glad you asked! Firstly, it’s important to note that the amount of time it will take for approval can vary from person to person and bank to bank. This is because a home loan app
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CHANGING LIVES, ONE SPORTS BURSARY AT A TIME
RE/MAX has always been committed to positively impacting the lives of those living within the communities we serve. In 2022, The RE/MAX Foundation sponsored two students with a full bursary and two students with bursary support packages through the non-profit organization, Sporting Chance Foundation. Below, each of the students share their feedback on how this opportunity has positively
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RE/MAX SA PARTNERS WITH SUNSHINE LADIES TOUR
The much-anticipated Sunshine Ladies Tour tees off in February 2022 and this year it boasts not only a massive prize money hike, but also a few new sponsors – including RE/MAX of Southern Africa. “The Sunshine Ladies Tour is healthy, strong and growing thanks to the continued commitment of our stakeholders, including Investec, the municipalities of Joburg and Cape Town, Jabra, Super
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RE/MAX EXPANDS ITS GLOBAL FOOTPRINT
As globalization increases, the need for truly global real estate brands increases alongside it. Adding to its vast global presence in over 110 countries and territories, RE/MAX continues to move into new geographic areas as the desire to affiliate with the real estate brand remains high. International real estate remains big business despite declines in foreign investment due to the COVID-19 p
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HOW WILL THE PROPERTY MARKET PERFORM IN 2022?
Remarkably, within a pandemic year, the property market has experienced somewhat of a boom. Record-low interest rates and the change in lifestyle resulted in an increase in buyer activity that kept the real estate market alive and thriving. With this year at its end and with the new year in sight, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that it is difficult to
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