Author: Andre Venter

Seeff backs 200 learnerships for aspiring estate agents

“One of the advantages of making use of this opportunity to enter a career in real estate, is that you can earn while you learn” The Seeff Property Group is giving 200 people, especially BEE candidates, the opportunity through learnerships to enter the real estate industry. The Seeff Training Academy has secured bursaries from the Services SETA which will enable candidates to navigate their one year internship period and receive training, guidance and preparation to ultimately enable them to obtain the FETC: Real Estate NQF Level 4 qualification. The Seeff Structured Intern Programme is an integrated programme which Ronel...

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Thousands object to new Joburg property valuation roll

“Homeowners will have to act quickly if they want to object to the valuation of their property, or face the consequences of higher municipal rates than necessary” Johannesburg homeowners have until 15:00 on Friday, 6 April, to object to the valuation of their property. The new General Valuation (GV) Roll 2018 (valid for the period July 1, 2018 – June 30‚ 2022) was made available for public inspection on 20 February 2018. Household municipal rates will be calculated based upon the valuation presented in the valuation roll. News24 report Funzela Ngobeni, member of the mayoral committee for finance in...

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Legendary Pam Golding passed away at 90

“Admired and respected by clients and dearly loved by colleagues, agents and staff alike, her natural warmth and sincere interest in everyone she encountered were trademark characteristics which endeared her to all” Pam Golding who has passed away at the age of 90, was one of Africa’s most successful women entrepreneurs and a doyenne of the real estate industry. She founded Pam Golding Properties in 1976 with no start-up capital and one sales assistant, breaking the glass ceiling in a male dominated industry. Internationally acknowledged as one of the world’s leading businesswomen, Mrs Golding won numerous awards and accolades...

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Rates cut good news for property industry

“The rates cut provides consumers with some much-needed financial relief. Shrewd citizens will use this opportunity to save for future investments, or reroute the money they’re saving straight back into their bond repayments,” Goslett advised. South Africa’s real estate industry welcomed the rates cut and urge home owners to save any savings brought about by this for future investments. The Monetary Policy Committee of the SA Reserve Bank announced on Wednesday 28 March that the repo rate will be cut by 25bps from 6.75% to 6.50%, taking the base home loan rate from 10.25% to 10%. The inflation is...

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Property24 defends price increases

“Outrageous” and “exorbitant” were among the comments from the real estate industry upon hearing of Property24’s latest subscription fee increases with some declaring they will end their subscription. The country’s largest property portal is certainly aware of the unhappiness with their subscription increases, but once explained JP Farinha, CEO of Property24 says their customers generally understand the rationale behind it. “Outrageous” and “exorbitant” were among the comments from the real estate industry upon hearing of Property24’s latest subscription fee increases to become effective on 1 April. Meaning an average increase of as much as 20% and even more in...

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