Author: Lauren

“Will you re-home my tortoise?” and other client demands

“Estate agents share the most outrageous demands that they have received from clients. Some are bound to have you nodding.” Estate agents have to deal with their fair share of unreasonable demands from clients. Some of these are run of the mill: lowered commissions, open mandates or high price expectations. But even the most seasoned estate agent will sometimes encounter a request that really surprises them. These are some leading South African estate agents have received. “Working on the Atlantic Seaboard brings its fair share of challenges and demanding clients on both sides, because money is frequently no object...

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5 Goodies and Gadgets for when you’re on the go

Weylandts YOU NEED IT BECAUSE: The cabinet’s 14 drawers of varying sizes are perfect for organising magazines, envelopes, print cartridges and stationery. THE NITTY GRITTY: The Weylandts Fusion Cabinet is a hand-crafted piece made of embossed beaten copper sheeting and bone inlay. THE X-FACTOR: The African-inspired piece of furniture fuses function and form in a wonderfully creative way. R25,995; Key Hooks YOU NEED IT BECAUSE: It eases organising multiple sets of keys. THE NITTY GRITTY: This is a simple line of six steel hooks with a minimalist design. THE X-FACTOR: They’re effective, efficient and affordable. R129; Element...

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Northern Suburbs property sales surge

Brackenfell’s central location with easy, quick access to the N1 and R300 is contributing to its growing popularity, as seen in a recent residential property sales surge. Rowan Alexander, director of Alexander Swart Property, said that in a short space of time Brackenfell has become a true family suburb in which the ratio of older people and children to young couples and middle-aged residents is far higher than in most Cape Town living areas. The Brackenfell estate agency is expanding into other Cape Town suburbs following the opening of an office in Durbanville, which saw the listing of 24...

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Rise of an agent

Nick Pearson was only 25 when he expanded the Tyson Properties brand from KwaZulu-Natal to Cape Town two years ago. Pearson followed in his father’s real estate footsteps when he was 22, initially in a part-time job. In 2015, he became a managing partner of Tyson Properties. He is still an agent. Under his guidance, the Atlantic Seaboard team has snapped up a 30% market share in Clifton and recently facilitated the most expensive sectional title sale yet. According to Comparative Market Analysis, the property sold for more than R80m. Tyson Properties’ two Cape Town offices brought in sales...

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Local property market valued at R5.8-trillion

Research released in 2017 by the Property Sector Charter Council (PSCC) in Johannesburg shows that formal residential property still accounts for nearly three-quarters of property owned in South Africa, and grew from an estimated R3-trillion at the end of 2010 to R3.9-trillion. Undeveloped urban land zoned for development remained unchanged around R520bn (1,1% of total land in South Africa). The public sector contributed a total of R237bn, of which about R102bn is estimated to be in the hands of the Department of Public Works, R66bn held by South Africa’s 19 largest state-owned enterprises, and R69bn owned by metros and...

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