The South African real estate industry had a recent shocker when it was announced that the #1 property portal in the country, Property24, bought its competitor Private Property (the deal still has to be approved). This has put the industry on the offensive, with a real fear

READ MORE

Some industry players are concerned that the Community Schemes Ombud Services (CSOS) Act could potentially negatively impact on scheme management and indirectly prejudice property owners. We spoke to Grant Smee, MD and franchisor of Only Realty, who believes that, although the CSOS brings some much-needed regulation to

READ MORE

The residential auction crown has moved to the Cape after a winning bid of R90m on a super luxury Clifton villa yesterday unseated the previous record-holding R54m Sandhurst house - also sold via auction. Joff van Reenen, director and lead auctioneer for The High Street Auction Company,

READ MORE

Q Can the trustees change the electricity service provider without consulting owners? Has the managing agent got a responsibility to advise the trustees that owners need to be informed? Our managing agent simply dropped the new contract under our door without consulting owners or informing them of

READ MORE