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SOUTH AFRICA

Can online disruptors and agents co-exist under one brand?
Can online disruptors and agents co-exist under one brand?

Until recently, low-cost, fixed-fee online real estate services were in direct opposition to the traditional real estate model...

By Adrian Goslett 4 Jun 2019

SOUTH AFRICA

Deemed receipt of income for property developers
Deemed receipt of income for property developers

In the recent case of Milnerton Estates Limited v CSARS, the Supreme Court of Appeal had to decide whether to include the purchase price in a property developer's 2013 year of assessment...

By Graeme Palmer 25 Feb 2019

SOUTH AFRICA

Land reform panic unnecessary, Seeff welcomes clarity and support
Land reform panic unnecessary, Seeff welcomes clarity and support

There is no doubt that there is great concern about land reform amongst ordinary South Africans and especially property owners and buyers. At the same time, there is a huge amount of noise in the media and public discourse around this, often sending mixed messages...

By Stuart Manning 4 Sep 2018

SOUTH AFRICA

How 'dominant agent syndrome' poses a threat to sales values in an area
How 'dominant agent syndrome' poses a threat to sales values in an area

No business sector dominated by a single manufacturer or supplier can possibly serve the best interests of the consumer - and real estate is no different...

By Ronald Ennik 23 Aug 2018

SOUTH AFRICA

It's time to disrupt the real estate status quo
It's time to disrupt the real estate status quo

For too long, South African real estate agents have been stuck in the past...

By Tony Clarke 16 Jul 2018

SOUTH AFRICA

#EntrepreneurMonth: Want to be a property entrepreneur? Be prepared to step outside your comfort zone
#EntrepreneurMonth: Want to be a property entrepreneur? Be prepared to step outside your comfort zone

Under the leadership of Durban-based property entrepreneur Grant Gavin, RE/MAX Panache in the North Durban suburbs went from annual property sales of R320m in 2006 to over R1bn in 2017...

By Sindy Peters 3 Oct 2017

SOUTH AFRICA

Taxing income on the sale of properties
Taxing income on the sale of properties

When does income accrue to a taxpayer from the sale of immovable properties in the course of its trade?

By Graeme Palmer 27 Jun 2017

SOUTH AFRICA

The age of information is a real estate opportunity
The age of information is a real estate opportunity

Modern times are evolving so rapidly that businesses and individuals alike are having to continuously analyse their practices and strategies to ensure they stay ahead of the game...

By Richard Gray 2 Jun 2017

SOUTH AFRICA

What junk status means for property market
What junk status means for property market

The downgrade of South Africa to sub-investment will have a negative impact on the housing market...

By Adrian Goslett 5 Apr 2017

SOUTH AFRICA

#Budget2017: Good news for buyers, not necessarily home owners
#Budget2017: Good news for buyers, not necessarily home owners

Minister Pravin Gordhan had a difficult budget speech to deliver on 22 February as the economy struggles through its largest under performance since the 2009 recession, with the added challenge of a R30.4bn tax shortfall...

By Bruce Swain 23 Feb 2017

SOUTH AFRICA

#Budget2017 brings some relief for first-time home buyers
#Budget2017 brings some relief for first-time home buyers

The raising of the threshold for transfer duty on properties sold for less than R900,000, up from R750,000, as announced in the National Budget, is positive news as it provides some relief for first-time home buyers...

By Dr Andrew Golding 23 Feb 2017

SOUTH AFRICA

Green buildings catching on in South Africa
Green buildings catching on in South Africa

South Africans are increasingly opting for green property solutions in both their residential and commercial investments...

By Richard Gray 11 Aug 2016

SOUTH AFRICA

Transfer duty - taxing for buyers and ultimately also sellers
Transfer duty - taxing for buyers and ultimately also sellers

Taxing a sale between a willing home owner and buyer is controversial in most countries in which it is levied; no less so than in South Africa, where it is termed transfer duty. Its critics argue that it is simply a tax for which there is no specific reason or rationale, other than to help fill national coffers...

By Dr Andrew Golding 6 Feb 2015

SOUTH AFRICA

Anti-counterfeiting: holding landlords liable for the crimes of their tenants
Anti-counterfeiting: holding landlords liable for the crimes of their tenants

The war on counterfeiting takes place on many levels, not all of them successful. However, there is another frontier where anti-counterfeiting can potentially be very effective - and that is by holding landlords liable for the crimes of their tenants.

By Steven Yeates 24 Jun 2014

SOUTH AFRICA

To gate or not to gate?

Gated communities have become the accepted, and often desired form, of home ownership in the 21st century with buyers increasingly prepared to pay the premiums associated with living behind guarded security or access-controlled gates.

By John Roberts 6 Sep 2013

SOUTH AFRICA

Anton Kelly
Battered Rule 31, the most significant of the prescribed management rules?

A common mistake made by owners and less knowledgeable trustees in sectional title schemes is to assume that common expenses, particularly those perceived to benefit owners equally, such as security arrangements, should be paid equally.

By Anton Kelly 5 Jun 2013

SOUTH AFRICA

Cut-throat agency commissions from part-time agents should always be viewed with suspicion
Cut-throat agency commissions from part-time agents should always be viewed with suspicion

Goedkoop is duurkoop. This old Afrikaans saying is especially true in property transactions in which the seller, in an effort to cut his costs, employs a part-time agent.

By Tony Clarke 29 Apr 2013

SOUTH AFRICA

Jan le Roux
Is now the time to buy?

The 1st Quarter 2013 FNB Estate Agent Survey (released just before Easter) indicates that many estate agents, in the lower, middle and upper end of the market, are seeing positive signs of market recovery.

By Jan le Roux 12 Apr 2013

SOUTH AFRICA

High rates hinder appreciation in the upper price bracket
High rates hinder appreciation in the upper price bracket

The unprecedented rises in Cape Town's rates and taxes on residential property, especially those in the upper price brackets, will inevitably mean that the city's more expensive homes will not appreciate significantly in value in the next one to two years.

By Bill Rawson 8 Apr 2013

SOUTH AFRICA

Mike van Alphen
What collaterals could banks find acceptable for bond applicants?

Rawson Finance, the Rawson Property Group's bond origination division, is currently involved in a research exercise to establish what collaterals, if any, the South African banks might accept from mortgage bond applicants - and the good news is that the banks are proving to be exceptionally helpful and surprisingly flexible in their approach to this tricky subject.

By Mike van Alphen 3 Apr 2013

SOUTH AFRICA

Sole mandates are the best way to market property

One of the liveliest discussions at the Rawson Property Group's annual conference, held at the Arabella Hotel and Spa in Kleinmond during February, revolved around the subject of sole mandates - and there was almost universal acceptance that these work better than any other system, for both the seller and the agent, particularly when compared to open mandates.

By John Weston 14 Mar 2013

SOUTH AFRICA

Bond applicants should pre-qualify with a reputable bond originator
Bond applicants should pre-qualify with a reputable bond originator

In response to many requests from estate agents, Rawson Finance, the bond origination division of the Rawson Property Group, has begun issuing a "Rawson Buyers Qualification Certificate". This is an informed assessment of the bond amount that the applicant will receive from most banks.

By Mike van Alphen 1 Mar 2013

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