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Category Archives: Selling Properties

Why Real Estate needs to be on Government’s list...

Every business is at a nail-biting point to see whether they will be able to trade under Stage 4 of Lockdown, or where they fit into the picture, as well as the timeframe for them being able to resume under the different stages.  For some it will mean scraping by and for others it will mean the end of an era… Government has indicated …

5 Tips for getting your Home ready to sell post Lockdo...

You wanted to sell your property, but then the apoclypse happened and the coronaviris meant you were locked-down and unable to sell your home… There are positives and negatives about this… so it’s up to you to think of the glass as half empty or half full. A positive is that although when lockdown “ends”, it won’t be business as usual, as they’ll end …

Give and Take in the midst of Covid 19

It has been a rolercoaster ride for the world in the last couple of months with the jolt of the epic Corona virus pandemic which emanated from China in 2019. For a change, South Africans are not talking about emmigrating!  Glass half full we say, because we live in such a beautiful country! With these extenuating circumstances we find ourselves in, Government, financial institutions …

4 Reasons why having a Deposit is Beneficial when buyi...

Costs:  When you buy a home (with a bond and not for cash), both transfer and bond costs are calculated on the purchase price and bond amount (according to a tariff).  While transfer costs won’t change, because the purchase price is fixed, the bond costs will differ depending on whether you have a deposit or not.  More specifically, if you have a deposit, your …

7 Ways in which the New VAT Increase will affect your ...

Sellers: Commission:  The amount of commission you will be liable for will increase, in the event that your estate agency is VAT registered (most are).  As an example, on the sale of a R1 500 000.00 property, and the average commission of other estate agencies, you will have to pay approximately R103 500.00 at the new VAT rate, instead of R102 600.00 at the …

4 Signs you’re not getting the Service you should from...

We see far too many real estate agencies promise far too much and deliver far too little…  Has your real estate agent told you they would sell your property within a month?  Have they told you this is their “bread and butter” and so you can’t go wrong with them? The promises we give?  You will receive excellent and unparalleled service, we ensure constant …

What are Certificates of Compliance, and why do I need...

We recently sold and transferred a property for a client and were required to instruct various service providers to attend to certificates of compliance, or COC’s as they are commonly known. Our client was horrified to learn that they would be set back by R16 500.00 due to a woodborer infestation, as well as R4 500.00 in order to get an electrical certificate.  This …

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For more information on COVID-19 in South Africa please visit the South African COVID-19 Portal