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~/uploadimages/UpArticle_56.jpg 10 Oct 2024 08:27:58

PropertyCentral to Exhibit at Dubai Expand Northstar 2024

Why Northstar 2024?
PropertyCentral, a leading South African property listing platform, is set to showcase its latest innovation, Pitchfour, at the Dubai Expand Northstar 2024 Startup Convention. This global event, known for spotlighting technological advancements, presents the perfect opportunity for PropertyCentral to connect with international investors, partners, and industry leaders.Why Northstar 2024?Northstar is a hub for startups that push the boundaries of innovation. PropertyCentral’s presence at this event aligns with its vision of disrupting the property listing space through cutting-edge technologies like Pitchfour. The convention is not just a stage for showcasing products but also for fostering collaboration and scaling innovative ideas globally.What is Pitchfour?Pitchfour is an industry-first platform that redefines the way property owners and agents interact. For homeowners, Pitchfour streamlines the process of finding the best estate agent by allowing agents to *pitch* their services, sales commission, and experience directly to property owners. Through Pitchfour, owners can compare agent offers, reviews, and even customized video pitches, simplifying the decision-making process and eliminating the need for traditional methods of agent selectionKey Features of Pitchfour:Instant Pitches from Agents: Property owners register their property and instantly receive commission offers and pitches from estate agents in their area.Agent Comparisons: Owners can compare agents based on commission rates, reviews, and video presentations, all within the platform. A-Agent Mandates: Agents are notified when properties are listed in their area and can quickly pitch for the mandate, offering their best commission-Video Introductions: Agents enhance their pitches by submitting custom videos, giving owners a personal feel of who they are before making a selectionFor agents, Pitchfour provides a seamless way to acquire new mandates. By delivering notifications about available properties and allowing them to pitch their services quickly, the platform helps agents grow their business while only paying for leads when they win mandates.  For sellers https://propertycentral.co.za/pitchfourFor estate agents https://propertycentral.co.za/pitchfour-agentsWhy PropertyCentral is Exhibiting Pitchfour at NorthstarThe innovation behind Pitchfour addresses a fundamental challenge in the property market—connecting property owners with the right estate agents efficiently and effectively. By exhibiting at Northstar, PropertyCentral aims to position itself as a leader in property technology and expand its reach internationally. This convention provides the perfect venue to engage with potential partners, investors, and collaborators as the company seeks to scale its offering beyond South Africa.Looking AheadAs PropertyCentral continues its journey to innovate within the real estate sector, the Dubai Expand Northstar 2024 will be pivotal in bringing its solutions to a global audience. With Pitchfour at its core, PropertyCentral is poised to change the way people experience property transactions, making them faster, smarter, and more connected across borders.Be sure to visit PropertyCentral’s booth at the convention and experience firsthand how Pitchfour is reshaping the real estate landscape.

PropertyCentral, a leading South African property listing platform, is set to showcase its latest innovation, Pitchfour, at the Dubai Expand Northstar 2024 Startup Convention.

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~/images/Stock_images/6.jpg 22 Jul 2024 02:16:56

South Africa's First Property Forum

A Hub for Property Enthusiasts
Introducing South Africa's First Property Forum: https://forum.propertycentral.co.zaAre you passionate about property? Do you have burning questions about buying, selling, or investing in real estate? Or perhaps you just want to connect with like-minded property enthusiasts? Look no further! We're thrilled to announce the launch of South Africa's very first dedicated property forum, https://forum.propertycentral.co.za! A Hub for Property EnthusiastsImagine a place where property enthusiasts from all walks of life can come together to share their knowledge, experiences, and insights. Whether you're a seasoned investor, a first-time homebuyer, or a real estate professional, the Property Central Forum is your new go-to destination.Benefits of a Dedicated Property Forum1. Community Support and NetworkingOne of the greatest advantages of joining https://forum.propertycentral.co.za is the sense of community it fosters. You can connect with others who share your interests, learn from their experiences, and even find potential partners for future real estate ventures. Networking has never been this easy or this fun!2. Expert Advice at Your FingertipsThe forum is home to a diverse range of members, including real estate agents, property managers, financial advisors, and legal experts. Got a tricky question about property laws or financing? Post it on the forum and get answers from seasoned professionals. The collective wisdom of the community is invaluable and always at your service.3. Stay Updated with the Latest TrendsThe real estate market is ever-evolving, and staying updated with the latest trends is crucial. The Property Central Forum features discussions on market trends, investment opportunities, and the latest developments in the property world. Stay ahead of the curve by joining the conversation.4. Learn and Grow TogetherEducation is a key component of the Property Central Forum. Members regularly share informative articles, how-to guides, and resources that can help you make informed decisions. Whether you're looking to learn about property investment strategies or seeking tips for home improvement, the forum is a treasure trove of information.5. A Platform for Buying and SellingLooking to buy or sell a property? The forum provides a dedicated space for listings, making it easier for you to reach potential buyers or find your dream home. It's a one-stop shop for all your property needs!6. Engaging Discussions and DebatesHealthy discussions and debates are encouraged on the forum. Share your opinions, challenge others, and engage in thought-provoking conversations about the property market. It's a great way to broaden your perspective and gain new insights.Join the Property Central Forum Today!Don't miss out on this fantastic opportunity to be part of South Africa's first dedicated property forum. Whether you're looking to expand your knowledge, connect with industry experts, or simply chat with fellow property enthusiasts, https://forum.propertycentral.co.za is the place to be.Join us today and become part of a vibrant community that's passionate about property. See you on the forum!

We're thrilled to announce the launch of South Africa's very first dedicated property forum, https://forum.propertycentral.co.za

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~/images/Stock_images/14.jpg 08 Jul 2024 07:35:38

The Benefits of "For Rent by Owner" Properties

A Comprehensive Guide
The rental market offers various options for both landlords and tenants, one of which is "For Rent by Owner" (FRBO) properties. This approach, where property owners directly manage the rental of their property without involving a property management company, brings a host of benefits for both parties involved. Let's explore why FRBO properties can be a great choice.Benefits for Landlords1. Cost Savings: One of the most significant advantages for landlords is cost savings. By managing the property themselves, owners can avoid property management fees, which typically range from 8% to 12% of the monthly rental income. This allows landlords to maximize their rental income.2. Direct Control: Landlords have direct control over all aspects of the rental process. They can set the rental price, select tenants, and handle maintenance issues personally. This level of control ensures that the property is managed according to the owner's standards and preferences.3. **Personalized Service: Without a middleman, landlords can offer a more personalized service to their tenants. This direct relationship can lead to better communication and quicker resolution of any issues that arise, fostering a more positive rental experience.4. Flexibility: Owners have the flexibility to make decisions swiftly without needing approval from a property management company. This can result in faster response times for repairs, tenant inquiries, and other essential matters.5. Increased Profitability: By eliminating property management fees, landlords can significantly increase their profitability. This added income can be reinvested into the property or used for other purposes.Benefits for Tenants1. Lower Rents: Tenants may benefit from lower rental rates since landlords are saving on management fees. These savings can be passed on to the tenants, making FRBO properties an attractive option for budget-conscious renters.2. Direct Communication: Tenants have the advantage of direct communication with the property owner. This often leads to quicker responses to maintenance requests and other concerns, enhancing the overall rental experience.3. Negotiation Opportunities: Dealing directly with the property owner can offer more room for negotiation on lease terms, rent prices, and other conditions. This flexibility can be particularly beneficial for tenants with unique needs or circumstances.4. More Flexible Lease Terms: Owners who manage their own properties may be more willing to offer flexible lease terms compared to property management companies. This can include options such as shorter lease durations or customized payment plans.5. Better Maintenance: Owners who are directly involved in the management of their property are often more invested in its upkeep. This can lead to better maintenance and overall property condition, ensuring a comfortable living environment for tenants.Additional ConsiderationsWhile there are numerous benefits, it's essential to consider potential challenges:-For Landlords: Managing a property can be time-consuming and requires a good understanding of legal requirements and tenant management practices. Landlords must be prepared to handle these responsibilities effectively.-For Tenants: Renting from an individual owner may sometimes mean less formalized processes compared to dealing with a professional management company. Tenants should ensure they have a clear and written agreement to avoid any misunderstandings.Conclusion"For Rent by Owner" properties offer a mutually beneficial arrangement for both landlords and tenants. Landlords can enjoy cost savings, increased control, and higher profitability, while tenants benefit from lower rents, direct communication, and more flexible lease terms. By understanding and embracing the advantages of FRBO properties, both parties can achieve a successful and satisfying rental experience.

The rental market offers various options for both landlords and tenants, one of which is "For Rent by Owner" (FRBO) properties.

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~/images/Stock_images/13.jpg 21 Jun 2024 08:34:42

The Benefits of "For Sale By Owner" Listings

A Comprehensive Guide
In the dynamic real estate market, "For Sale By Owner" (FSBO) property listings have gained significant traction among homeowners. Opting to sell a property independently offers numerous advantages, making it an attractive alternative to traditional real estate transactions. This article delves into the myriad benefits of FSBO listings, highlighting why more homeowners are choosing this path.1. Significant Cost SavingsOne of the most compelling reasons for choosing an FSBO listing is the potential for substantial cost savings. Traditional real estate transactions often involve hefty commissions, typically around 5–6% of the sale price, split between the buyer's and seller's agents. By selling the property independently, homeowners can avoid these commissions, resulting in a higher net profit from the sale. These savings can be particularly substantial for high-value properties, making FSBO an economically sound choice.2. Greater Control and FlexibilityFSBO listings provide homeowners with complete control over the selling process. From setting the price to negotiating directly with buyers, sellers can manage every aspect of the transaction. This control allows for greater flexibility in scheduling showings, open houses, and negotiations, ensuring that the process aligns with the seller's preferences and timeline. Homeowners can also respond to inquiries and offers promptly, potentially expediting the sale.3. Personalized Marketing ApproachWhen selling a property independently, homeowners have the freedom to craft a marketing strategy tailored to their specific property and target audience. This personalized approach can include professional photography, detailed property descriptions, and targeted online advertisements. Sellers can highlight unique features and benefits that might be overlooked by a real estate agent. This customized marketing can attract more interested buyers and showcase the property's best attributes.4. Direct Communication with BuyersFSBO listings facilitate direct communication between the seller and potential buyers. This direct interaction can lead to more transparent and efficient negotiations, as both parties can discuss terms, ask questions, and address concerns without intermediaries. This open line of communication can build trust and rapport, potentially leading to smoother transactions and quicker agreements.5. In-Depth Knowledge of the PropertyNo one knows a property better than its owner. By selling a property independently, homeowners can provide prospective buyers with detailed and accurate information about the property's history, maintenance, and unique features. This in-depth knowledge can be a significant advantage during showings and negotiations, helping to build buyer confidence and trust.6. Flexibility in PricingWithout the influence of a real estate agent, homeowners have the freedom to set their own pricing strategy. This flexibility allows sellers to price their property competitively based on their market research and desired timeline. They can also adjust the price quickly in response to market feedback and buyer interest, optimizing their chances of a successful sale.7. Increased MotivationHomeowners selling their property through an FSBO listing often exhibit a higher level of motivation and dedication to the selling process. This increased commitment can lead to more proactive marketing efforts, better property presentation, and a more responsive approach to potential buyers. A motivated seller is more likely to achieve a favorable outcome.Conclusion"For Sale By Owner" property listings offer numerous benefits that can make the selling process more profitable, efficient, and rewarding. From significant cost savings and greater control to personalized marketing and direct communication, FSBO listings empower homeowners to take charge of their property sale. For those willing to invest the time and effort, the FSBO route can be a highly successful and satisfying way to sell a property.For Sale By Ownerhttps://propertycentral.co.za/property/for_sale_by_ownerFor Rent By Ownerhttps://propertycentral.co.za/rentals/for_rent_by_owner

In the dynamic real estate market, "For Sale By Owner" (FSBO) property listings have gained significant traction among homeowners.

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~/images/Stock_images/10.jpg 22 May 2024 16:38:48

How to Get Your Home Ready for Selling

Selling your home can be a significant undertaking, but with the right preparation, you can make your property more appealing to potential buyers and increase its market value.
Selling your home can be a significant undertaking, but with the right preparation, you can make your property more appealing to potential buyers and increase its market value. Here are some essential steps to get your home ready for selling:1. Declutter and DepersonalizeDecluttering is the first step in preparing your home. Remove any unnecessary items to make your space look larger and more inviting. This includes clearing out closets, cabinets, and storage areas. Depersonalizing your home is also crucial. Remove personal items such as family photos, personalized decor, and memorabilia. This helps potential buyers envision themselves living in the space.2. Deep CleanA clean home is essential for making a positive impression. Deep clean every room, including carpets, windows, and appliances. Pay special attention to bathrooms and kitchens, as these areas are often scrutinized by buyers. Consider hiring professional cleaners if necessary.3. Make Necessary RepairsFix any minor repairs that can detract from your home’s appeal. This includes:Leaky faucetsBroken tilesStuck windows or doorsDamaged wallsAddressing these issues shows that the home has been well-maintained.4. Enhance Curb AppealFirst impressions matter, and the exterior of your home is the first thing buyers see. Enhance your home’s curb appeal by:Mowing the lawnTrimming hedgesPlanting flowersCleaning walkwaysRepainting the front door if needed5. Neutralize the DecorWhile your personal style might be appealing to you, neutral decor can help buyers imagine their own furnishings in the space. Repaint walls in neutral tones, replace bold decor with more subtle pieces, and opt for simple, tasteful furnishings.6. Stage the HomeHome staging involves arranging furniture and decor to showcase your home’s best features. This might include rearranging furniture to create better flow, adding cozy touches like throw pillows and fresh flowers, and ensuring each room has a clear purpose.7. Enhance LightingBright, well-lit homes feel more inviting. Increase the lighting in your home by:Opening curtains and blindsAdding lamps to dark areasReplacing dim bulbs with brighter onesNatural light is particularly appealing, so make sure windows are clean and unobstructed.8. Update Fixtures and HardwareSmall updates can make a big difference. Consider replacing outdated **fixtures** and **hardware** such as:Light fixturescabinet handles- FaucetsThese updates can modernize your home without significant expense.9. Prepare Important DocumentsGather all important documents related to your home, including warranties, repair records, and utility bills. Having these documents ready shows buyers that you have maintained the home and provides them with valuable information.10. Hire a Professional PhotographerHigh-quality photos are crucial for online listings. Consider hiring a professional photographer to capture your home at its best. Professional photos can highlight your home’s features and attract more potential buyers.ConclusionGetting your home ready for sale involves careful preparation and attention to detail. By following these steps, you can make your home more attractive to potential buyers, potentially leading to a quicker sale at a higher price.

Selling your home can be a significant undertaking, but with the right preparation you can make your property more appealing to potential buyers and increase its market value.

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~/images/Article_images/Article_48.png 02 Dec 2023 11:09:52

How to Find the Best Estate Agent

Use Pitchfour to find the Best Estate Agent in Minutes
The age old way of finding an estate agent has not changed much with the advent of internet – till now that is! Pitchfour revolutionises how you find an estate. It makes the process instant and allows you to get the best commission and the best agent, in minutes. It works for both sales and rentals. An owner simply needs to register their property and immediately agents signed up for the suburb will receive notifications of the listing and it will also pop up on the their Pitchfour account. The agetn then pitches for the property. The pitch entails offering their sales commission or fee and enhancing the pitch with a customised message and a Pitch Video. The owner receives the various pitches from estate agents who have pitched on their account. They are able to see the commision offered by the agents as well as ratings and reviews of the agent. Owners can compare all the agents and their pitches on their phone. They then make an informed decision. Its that simple to find the best estate agent with Pitchfour. All of this can be done on their phones an in minutes. No calling around, no emailing and collating agent information anymore. Simply use Pitchfour to find the best estate agent instantly, with no effort.

The age old way of finding an estate agent has not changed much with the advent of internet – till now that is! Pitchfour revolutionises how you find an estate. It makes

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~/agency/images/a1632040904047.jpeg 23 May 2024 02:27:16

Your Guide To Buying, Selling, and Investing in Property

Property trends for 2024
𝗣𝗿𝗼𝗽𝗪𝗶𝘇: 𝗬𝗼𝘂𝗿 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝗕𝘂𝘆𝗶𝗻𝗴, 𝗦𝗲𝗹𝗹𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆If you are a homeowner or an investor in South Africa, you might be wondering how the property market will perform in 2024. Will home sales drop or will property still sell in 2024? At PropWiz, we have the expertise and experience to help you navigate the changing real estate landscape. We are a leading real estate agency in Potchefstroom, offering professional and personalized services to our clients. Whether you want to buy, sell, rent or invest in property, we can help you achieve your goals. We have access to the latest market data and trends, and we can advise you on the best strategies and opportunities for your property needsHere are some tips on how to buy, sell, and invest in property in 2024- Buying property: If you are looking for a new home or a second property, 2024 might be a good time to buy. The interest rates are expected to remain the same and even drop in 2024, which means you can get a good deal on your bond. The supply of properties is also likely to increase, as more homeowners decide to sell their homes due to economic uncertainty or personal reasons. This means you will have more options to choose from and more room to negotiate. However, you should also be careful about the location and condition of the property you buy. Some areas might experience a decline in demand or value, while some properties might require costly repairs or renovations. You should do your research and consult with a professional agent before making a decision- Selling property: If you are planning to sell your property in 2024, you should prepare yourself for a competitive market. The demand for properties might decrease, as buyers become more cautious and selective. The prices might also fluctuate, depending on the location, type, and condition of your property. You should make sure your property is well-maintained and attractive to potential buyers. You should also market your property effectively, using online platforms, social media, and word-of-mouth. You should also work with a reputable and experienced agent who can help you price your property realistically, negotiate with buyers, and close the deal smoothly- Investing in property: If you are an investor looking for opportunities in the property market in 2024, you should be prepared for both risks and rewards. The property market might experience some volatility and uncertainty, as the economic and social factors affect the supply and demand of properties. You should diversify your portfolio and invest in different types of properties, such as residential, commercial, industrial, or agricultural. You should also look for properties that have strong rental income potential, capital appreciation potential, or redevelopment potential. You should also monitor the market trends and adjust your strategy accordingly. You should also seek professional advice from an agent who can help you find the best deals and manage your properties effectivelyPotchefstroom is blessed to have a very good university which is rising in the ranks as an excellent learning facility and therefor, students will continue to stream to Potchefstroom and rental properties will continue to be in demandBuy, sell, invest or let property in Potchefstroom with a trusted real estate agency like PropWiz

If you are a homeowner or an investor in South Africa, you might be wondering how the property market will perform in 2024.

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~/article/images/Article_44.png 23 May 2024 02:26:37

Unchanged Repo Rate: The Correct Decision and a Welcome Reprieve!

Let's breathe easy and watch the property market prosper!
The South African Reserve Bank's Monetary Policy Committee decided to keep the repurchase rate at its current level of 8.25% per year, with effect from 21 July 2023. This decision comes as good news for the economy and property market, given the rapid decline in inflation, which is now at 5.4% and within the target range of 3%-6%. Additionally, the Rand-Dollar rate has strengthened.With the unchanged repo rate, the market has shifted in favor of buyers, presenting potential opportunities for those who can manage the impact of the higher interest rate on their budgets. This buyer's market may offer favorable conditions for individuals looking to make property purchases.#GoodNews #unchangedreporate #EconomyNews #propertynews #buyersmarket

The South African Reserve Bank's Monetary Policy Committee decided to keep the repurchase rate at its current level of 8.25% per year, with effect from 21 July 2023.

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~/article/images/Article_43.jpg 23 May 2024 02:28:47

Boost your Home's Appeal to Potential Buyers

Follow these tips for a successful home sale!
Boost your home's appeal to potential buyers with these 10 tips from HAUS Properties:1. Update key rooms.2. Stage your home.3. Seek professional advice.4. Declutter and simplify.5. Depersonalize your space.6. Fresh coat of paint.7. Stick to neutral colors.8. Attend to basic maintenance.9. Keep it clean and comfortable.10. Let there be light.Follow these tips for a successful home sale! #HomeAppealTips #PropertyStagingGuide #InteriorDesignAdvice #DeclutterAndSell #DepersonalizeForBuyers #PaintAndRefresh #NeutralColorPalette #MaintenanceMatters #CleanAndComfyHomes #LetTheLightIn #CurbAppealMatters

Follow these tips for a successful home sale!

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~/article/images/Article_41.png 28 Jun 2022 04:55:09

Residential Rental Sector Demonstrating Signs of Improvement

Residential Rental Sector Demonstrating Signs of Improvement
The residential rental sector started to show real signs of renewal in the first quarter of 2022 with key national property indicators revealing that the sector is through the worst of the economic storm, according to TPN Credit Bureau's Residential Rental Monitor.Based on the current trajectory, further recovery is expected during the second quarter of 2022. However, tenants are likely to continue to be under pressure.Low inflation and the need to stimulate a fragile local economy during the pandemic resulted in historically low prime interest rates. One of the consequences of this was a perception of cheap capital and artificial demand. This, combined with an increased number of distressed estates and human capital migration, created an over-supply of property in some areas and, in complete contrast, hyped demand in previously ignored locations of South Africa. As historical trends have shown, this imbalance will have to correct itself in time as we have been experiencing of late, with further rate hikes forecasted.The low number of property transfers that occurred in 2020 was no surprise. A bigger surprise is that 2021 recorded an even lower number of property transfers.Encouragingly, TPN's Residential Rental Monitor reveals that nationally, the number of tenants in good standing continued to improve. Tenants in good standing are those whose accounts have been settled in full by the end of the month including any arrears.At the end of April 2022, 82.8% of tenants nationally were in good standing. On average, the percentage of tenants in good standing has been improving since the hard lockdown low of Q2 in 2020. However, some rental bands are not yet on the road to recovery. The below R4 500 rental band, for example, continued to struggle to break through the 80% good standing mark. The number of tenants renting in the below R3 000 category are struggling to make any sort of rental payment with the number of tenants who made no payment remaining stubbornly high at just under 17%. In addition to the lower rental collection, units below R3000 were also standing vacant with a recorded vacancy rate of 13.53% in the first quarter of 2022. Tenants who did not pay in the below R3 000 rental band have been increasing steadily since 2014.The best performing rental segment were those renting for R7 000 to R12 000 per month with 88.14% in good standing. This rental band also delivered the lowest did not pay number at just 4.2%. In the last month, ABC International Real Estate has placed in excess of 15 tenants in this price point throughout rental properties in Cape Town - with all tenants passing our vetting process. Tenants paying a monthly rental of between R12 000 and R25 000 were the second-best performers with 86.10% in good standing and only 4.71% falling into the did not pay category. This sector of the rental market had the lowest vacancy rate of all rental bands at just 10.23%.Luxury property rentals above R25 000 per month in the Western Cape had a good standing of just under 80%. However, this category had the highest percentage of tenants who paid in a grace period at 5.94%.From a provincial perspective Western Cape, specifically, Cape Town is performing well and has the second-best number of tenants in good standing at 85.99% behind the Northern Cape's 87.76%. Escalations are also back in positive territory and property prices in Cape Town are healthy.The rental market may see an increase in risk as more consumers come to rely on part-time income streams to address the rising cost of living. It will become increasingly difficult to rely solely on employment status to determine tenant risk in the foreseeable future as tenants require innovative new ways to make and supplement their incomes.The key to successful property investments will be to select the right location, find the right tenant and ensure that they remain prompt payers while at the same time managing and minimising costs as far as possible.Our 4 step vetting process at ABC International Real Estate has proven to be successful as 98% of placed and managed tenants have paid within the stipulated period. See our Landlords Guide for details and pricing should you be interested in placing your property on the rental market with us. 

The residential rental sector started to show real signs of renewal in the first quarter of 2022 with key national property indicators revealing that the sector is through the worst of the economic

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~/agency/images/a1297190506420.png 28 Jun 2022 04:54:27

Residential Rental Sector Demonstrating Signs of Improvement

The residential rental sector started to show real signs of renewal in the first quarter, revealing that the sector is through the worst of the economic storm.
Luxury property rentals above R25 000 per month in the Western Cape had a good standing of just under 80%. However, this category had the highest percentage of tenants who paid in a grace period at 5.94%.From a provincial perspective Western Cape, specifically, Cape Town is performing well and has the second-best number of tenants in good standing at 85.99% behind the Northern Cape's 87.76%. Escalations are also back in positive territory and property prices in Cape Town are healthy.The rental market may see an increase in risk as more consumers come to rely on part-time income streams to address the rising cost of living. It will become increasingly difficult to rely solely on employment status to determine tenant risk in the foreseeable future as tenants require innovative new ways to make and supplement their incomes.The key to successful property investments will be to select the right location, find the right tenant and ensure that they remain prompt payers while at the same time managing and minimising costs as far as possible.Our 4 step vetting process at ABC International Real Estate has proven to be successful as 98% of placed and managed tenants have paid within the stipulated period. See our Landlords Guide for details and pricing should you be interested in placing your property on the rental market with us. 

Luxury property rentals above R25 000 per month in the Western Cape had a good standing

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~/uploadimages/UpArticle_36.jpg 20 Jan 2021 10:18:47

The Wise Way Forward

Property News Brought to you by HomeLegal Realty and Angela de Wet
In uncertain times, one may feel confused about the future and which course to take. Eskom power cuts, escalating social distancing restrictions and increasing unemployment are making city life more challenging than ever. With the world at a standstill, perhaps now is the time to consider our options as far as sustainable living is concerned. The advantages of living on larger solar panelled plots with independent water supplies and enough land to grow your own food are starting to seem like the most sensible way forward. And with so many people having adapted to working from home already, the need to be close to the city for work is also rapidly disintegrating.The property trends are pointing to the fact that city dwellers are relocating to smaller towns and the countryside at a fairly rapid rate. It won’t be long before prices of previously unheard of country and coastal towns begin to soar. My humble advice would be to get your foot in the door before the market is inundated. With the bond interest rate at an all-time low since the ’70s, what are you waiting for?It is no secret that there is far more value for money as one moves further away from the city as far as property is concerned. Perhaps it is time to consider trading in your apartment for a large erf and a breath of fresh air. If becoming less dependent on a failing system is starting to appeal to you, start exploring your options sooner rather than later. Nobody likes a cold cup of coffee. 

In uncertain times, one may feel confused about the future and which course to take.

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