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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 →

10 REASONS WHY A SOLE MANDATE IS BEST

In real estate, the words "sole mandate" or "sole and exclusive mandate" tend to get so many people excited. One can understand why a property professional would get excited about getting one of these over a sellable property but why is it great for the seller: 1.BETTER PROTECTION AGAINST MULTIPLE COMMISSION CLAIMS   This is a... Continue Reading →

Properties have many valuations associated with them, which can be very confusing. Here is a very short explanation on some of the most important valuations that homeowners will come across and how these impact you when you decide to sell your home. 1. YOUR PROPERTY'S VALUE TO YOU It is human nature for us to... Continue Reading →

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