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HOW THE NEW PROPERTY ACT AFFECTS AGENTS & CONSUMERS

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

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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HOME LOANS GET MORE EXPENSIVE WITH LATEST INTEREST RATE HIKE

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

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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CHANGING LIVES, ONE SPORTS BURSARY AT A TIME

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

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

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?

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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TOP 20 QUESTIONS TO ASK YOUR REAL ESTATE AGENT

TOP 20 QUESTIONS TO ASK YOUR REAL ESTATE AGENT

Some might say that selling your house can be just as exciting as buying it. Yet it’s understandable if you’re feeling a bit nervous about this new chapter in your life. It can also be a stressful and expensive process, often only being undertaken a handful of times. The good news is that RE/MAX agents deal with the process of selling properties, across Southern Africa, every day. We&r

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RE/MAX IS SANTA’S HELPER THIS DECEMBER

RE/MAX IS SANTA’S HELPER THIS DECEMBER

Those who are looking for ways to help their fellow man over the festive season can drop off toys, books, stationery supplies and children’s clothing at their local participating RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2022, the donations will be dropped off at various local charities and children’s organisations across the c

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INTEREST RATE HIKE MEANS HIGHER REPAYMENTS ON HOME LOANS

INTEREST RATE HIKE MEANS HIGHER REPAYMENTS ON HOME LOANS

After months of enjoying record-low interest rates, South African debt holders now face slightly higher repayments as the Monetary Policy Committee (MPC) has just announced that the repo rate will increase by 25 basis points to 3.75%, leaving the prime lending rate at 7.25%. While remaining hopeful that this increase will not have too profound of an effect on the property market as a whole, Reg

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RE/MAX NATIONAL HOUSING REPORT Q3 2021

RE/MAX NATIONAL HOUSING REPORT Q3 2021

Housing Market Continues to Exceed Expectations Rather than subsiding to pre-COVID levels of activity, as was predicted in the RE/MAX National Housing Report for Q2 2021, the property market continues to exceed expectations in the third quarter of this year. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that the results of the RE/MAX National Housing Report fo

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