So you think more agents will get it sold, …think again.

I read an article by  Debbie Justus-Ferns, divisional manager of Renprop Sales, which was interesting titled: "Selling property: 4 pitfalls of using multiple agents". In which she mentioned creating the wrong impression, double commission claims, legal action around false expectations, and the danger of a breach in security. It was indeed a very - to the... Continue Reading →

Unmet Expectations: the Cause of Problems in Property & Business Purchases?

In my experience, the biggest cause of negative consequences when people buy property or business is most likely: unmet expectations. It does not matter if these expectations were communicated or to the degree that such communication took place. The buyer feels shortchanged, cheated, tricked, duped, beguiled - you get the idea. This simple root cause is... Continue Reading →

Selling? How much will I get out?

Selling your home? But how much will you get out? So often sellers are so excited at the idea of what they plan to do after they sell that they do not pause and consider what will they get out of their sale and will it be enough, for what they planned. But should the... Continue Reading →

So how does the municipal value of a property affect its rates?

In Port Elizabeth, South Africa the local authority known in SA as the municipality collects rates, along with other utility fees. In accordance with its mandate, it budgets an amount to be collected via rates and this, in turn, is allocated based on the valuation of the property less R15,000 * by a billing factor.... Continue Reading →

Would a practising lawyer make a better estate agent?

It is only human to see the world through a lens which supports our personal assumptions, beliefs, and perceptions. From birth, our understanding of the world is crafted by our experiences, by what we identify with, and our choice of career also definitely colours our perspective. Although I am estate agent now by profession, it was... Continue Reading →

Sharing – It’s An Agent Thing

As children, we are all taught to share - because it's the right thing do. As we grow up, sometimes we forget. In the real estate profession in Port Elizabeth, Nelson Mandela Bay - we tend to share a lot. What "sharing" am I talking about here? "Sharing" is where one agent (the listing agent)... Continue Reading →

Make sure your estate agent has an FFC

Estate agents are extremely public personalities so you would think that if they were not compliant that someone would know. The truth is that there are estate agents who do not comply with legislation, which requires an estate agent not to sell a property without an FFC. But what is the legislation's definition of "estate... Continue Reading →

10 Things all owners must do before Selling

15 Years of selling homes in the Port Elizabeth residential property market, as a professional estate agent, has provided me with unique insights into what works for sellers of homes in  Nelson Mandela Bay. First impressions count. Always! A property coming onto the market has but one opportunity to make a dramatic impression. It is not... Continue Reading →

Prospective homebuyers have been given another “breather”

The article that follows is quoted, courtesy of BetterLife and provides interesting insights into the financial aspects of a mortgage loan. "Prospective homebuyers have been given another “breather” when it comes to applying for a home loan – but this week’s decision by the Monetary Policy Committee (MPC) to leave interest rates unchanged should not make... Continue Reading →

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