Author: Lauren

Riding the rental wave

Just Property CEO Paul Stevens explains that by focusing on rentals, the business sidestepped challenges faced by other sales agencies Just Property recently rebranded as one business. The move was designed to reflect the company’s evolution from a specialist letting agency – Just Letting – to a business providing a complete property solution. Since 2016 its offerings include residential, commercial and industrial property for rentals, sales and investment. The home-grown company now has more than 100 franchises across South Africa and Namibia. “Just Property has built its rental property business the opposite way to most real estate companies in...

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4 Real estate videos to work for you

As a real estate professional, let The Creative Group help you market your business, brand and listings with video THE CREATIVE GROUP can help you to create high-impact, consistent messaging and brand awareness for the right media platforms, with cost efficiencies in mind. All our videos are crafted towards increasing our clients’ sales and bottom line. PROMOTE YOUR PROPERTY A walk-through of a property mimics the experience of virtual reality. The viewer has a true sense of the property and its layout. Or consider an alternative: an upmarket, high-production video gives the viewer a feel for the home while...

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Keeping pets in a sectional title

The policy on whether or not property owners can keep their dog or cat in a sectional title scheme is an emotive one. What are the rules? Did you know that keeping animals, reptiles and birds is the first conduct rule in the Sectional Title Schemes Management Act 8 of 2011, which came into eff ect in October 2016? My reasoning is that this is justified by the number of pet-related disputes in the industry and the amount of time, energy and legal fees that owners and body corporates are prepared to spend fi ghting cases involving either keeping...

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Technology boost in retail centres

embracing change South African retailers and centres are embracing technology. At Menlyn Park, a super-regional mall in Pretoria, tech advancements in the pipeline include dedicated charging stations for electric and hybrid vehicles, licence-plate recognition and the development of an analytical parking app for mobile devices that will allow users to locate their vehicles. The centre does head counts, which also tag an individual with a unique number to prevent double counting. Menlyn Park has installed smart-metering systems that ensure accurate on-time billings for shops. Menlyn Park GM Olive Ndebele says the centre’s tenants are also embracing the change. “Most...

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Repo rate cut brings welcome relief for home owners

“Interest rate decrease could have a positive impact on the property market” South African Reserve Bank governor Lesetja Kganyago announced on 20 July that the interest rate will decrease by 25 basis points, bringing the repo rate down to 6.75% and the prime rate down to 10.25%. Says Andrew Golding, chief executive of Pam Golding Properties: “Consumers could use some positive news right now and this downward shift, albeit only a quarter of a percent, is important as it sends a positive signal to the market and hopefully heralds the start of a downward shift in the interest rate...

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