Huge revenue losses forced UK-based fixed-fee agency Purplebricks to close their operations first in Australia and recently also the US – a sign that the fixed-fee model is bound to fail unless altered to align more closely to the traditional real estate model?
A lower repo rate offers some reprieve to homeowners but a stronger economy is what is needed to see growth in the property rental market says Jan Davel, new CEO of property management company PayProp Services.
The finalising of the Expropriation Bill is one of the priority tasks set before the sixth Parliament.
With the first rate cut in more than a year, putting prime lending rate at 10% (down from 10.25%), property experts say things are starting to look up for the industry.
All indications are that it will remain a buyer’s market for a while longer, yet your new client insist on putting a premium price on their beloved family home.
The SA Proptech Association was launched in Cape Town recently, co-founder and techno-preneur Sean Godoy was asked what benefit the association would have for estate agents.
Renting is the smart financial choice for many consumers, but a ‘difficult’ landlord can easily make it feel like the wrong choice, and cause tenants to leave as soon as they possibly can.
Track and place HD orders quicker and easier than ever before. CaptureIT – software that simplifies property admin.
Much work still needs to be done towards black empowerment in the property sector, the Property Sector Charter Council (PSCC) says the progress made, as reflected in their newly released report, show mixed results.
After an extended period of slow growth for the South African rental market, indications are that the tide has turned for the better with PayProp’s Rental Index for Q1 2019 showing Q4 2018 as a clear turning point.