Author: Lauren

Lyonelle Venter

What are your top three secrets to success? • Wake up energised. • Prospect. Prospect. Prospect! • Be honest and ethical. You may lose a sale but you will gain a client for life. What is the one thing you wish someone had taught you when you first started out in property and why? To stop stressing about things completely out of my control. You cannot control the market, but you can positively influence peoples’ experiences of our industry and how they perceive estate agents. What is the most vital business tool that estate agents should have at their...

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November/December 2014

In the November/December issue of Property Professional, we have a look at the property market predictions and the development standards for 2015. [iframe width=”525″ height=”525″ src=”http://e.issuu.com/embed.html#9723146/10150065″ frameborder=”0″...

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Economic Challenges & Strengthening Green Building

With rising operating costs and the economic slowdown in South Africa likely to have an impact on commercial property developments within the next few months, it is an opportune time for developers to explore the business case for green buildings further. That is the view of Ken Reynolds, regional executive Gauteng, Nedbank Corporate Property Finance.   He says that increasingly there are significant advantages to develop new buildings or redevelop existing buildings along green principles. “One of these is the reduction in operating costs that green buildings can deliver. Already, Nedbank has found that building or retrofitting properties using...

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Sale Agreements: Attention to Detail is Crucial

In property sale transactions, whether commercial or residential, property purchasers often opt to buy in a company rather than in their personal capacities. Whichever way one goes about it, it is strongly recommended that you consult with your conveyancer before signing the agreement, to avoid the pitfalls that often arise. In this regard it is important to give due consideration not only to the decision to buy in an entity, but also to clearly reflect the purchasing entity in the sale agreement. In the June 2013 judgment in Osborne v West Dunes Properties 167 (Pty) Ltd, a R 17...

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RICS Joins in on International Ethics Standards

Royal Institution of Chartered Surveyors joins global organisations in establishing International Ethics Standards. This week (21 to 24 October 2014), organisations from around the world are meeting at the United Nations (UN) in New York to discuss the creation of an international code of ethics for the real estate industry. The International Ethics Standards (IES) initiative seeks to create common ethical principles aimed at improving transparency and enhancing the value that property and built environment professionals can offer their clients. This is a significant development because the code will provide the global market with a set of standards that...

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