The low-down on property auctions
Buying and selling properties through auction has always been a staple of the real estate market. And to this day, it remains one of the best ways to purchase properties at bargain prices. Unfortunately, numerous misconceptions around properties that go up for auction also exist, some of which are entirely unfounded and can be easily dispelled. “Only properties that have been repossessed by the bank go on auction.” Voluntary auctions are events where […]
Five major changes coming for property practitioners!
A few changes are on the way for property practitioners, many of whom were not previously classified as such. This comes after President Cyril Ramaphosa announced that the Property Practitioners Act (PPA) will take effect from the 1st of February 2022. For many in the property industry, it will have a measurable effect on the […]
The ups and downs of property co-ownership
Property ownership is no small feat. It is one of the most reliable forms of investment and one of the biggest items that most people have on their financial “to-do” lists. Unfortunately, it is not always an easily achievable goal. Property ownership has always been a costly endeavour, and in recent years the age of […]
The truth regarding Asbestos Abatement regulations
Recently an article appeared on the digital publication bizcommunity.com that details changes in the Asbestos Abatement regulations. The article has caused something of an uproar between estate agents as it mentions how “asbestos is now outlawed and building owners have only 14 months to plan removals, including homes” (at the time of writing). However, this […]
Get your guard up: The POPI Act is coming
On 1 July 2020, the enactment of the Protection of Personal Information Act (POPI Act) commenced, which will come into full effect on 1 July 2021. As its name states, the POPI Act aims to promote the safeguarding of personal information by putting in place the necessary regulations and legislation needed to realise this. Since its acceptance into parliament on 19 November 2013, the […]
Is an estate agent’s “hotlist” worth it?
Estate agents are a vital part of the real estate industry, but they may be able to do even more than you realise. As a buyer or a seller, getting onto your estate agent’s “hotlist” may be the key to unlocking the true potential of your real estate dreams. Buying Getting onto an estate agent’s “hotlist” as a buyer requires only one thing: be serious. We […]
What’s next for the property market?
Many industries are piecing things back together again this year, as they try to recover from the effects of the pandemic or recreate themselves to remain relevant in a changing world. One industry that has been left unaffected to a great extent, and yet has had to re-create itself almost entirely in the same breath, is the real […]
Moving regulations during the lockdown
We’ve all felt like it – the hairs on the back of your neck standing up, sure someone is keeping an eye on you, watching as you receive a DVD box set that was for some reason labelled “essential” on the online store, sneaking in at 09:20 after the morning jog you were sure was […]