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Last week it was announced that SA Home Loans had purchased 49% of online, low-commission estate agency, PropertyFox. While welcoming SA Home Loans into the low-commission estate agency arena, Neville Berkowitz, veteran property economist and founder of low-commission estate agency, HomeBid, questions the decision by SA

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“I had an offer within one day of listing the property.” “I will recommend this agency to friends and family interested in selling their property.” “These guys really display the highest level of professionalism and optimism every step of the way.” These are all excerpts from the latest

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Low-commission estate agency, HomeBid may only have around 380 properties for sale , virtually all on sole mandates – and have been in existence since mid 2015 – but according to Property24 analytics, the agency gets 36.4% more leads than the average number received per

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Based on the FNB Property Barometer it is believed that 2017 will be the third consecutive year of slowing average annual house price growth, and the second consecutive year of house price decline in consumer inflation-adjusted real terms. “For the period January to July 2017, the

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Be prepared to stay in your home for at least four and a half years to recoup your transfer costs and agents commission of, on average, 7.5%, as an average homeowner of a R1m home. With house prices growth currently running at only 2.8% p.a. according

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The housing market is a reflective market place. The demand for homes to buy or to sell reflects the confidence levels of sellers and buyers. To commit Rx per month to a 20-year mortgage loan you must feel confident of your earnings each month for

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Is it any wonder that home sellers are confused about the state of the property market? The estate agents responding to the FNB surveys are still wearing rose-coloured glasses and FNB reports that home prices are still rising by 3.6% p.a. (in nominal terms). But at the

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The public perception of estate agents is not always positive. As a matter of fact survey after survey undertaken on this topic overseas shows the same lack of trust and questionable ethics and comparisons to car sales people abound. The estate agent is the archetypal entrepreneur.

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Q I am a first time seller and I was hoping you could assist me with some questions please: I have quite a few estate agents that have shown interest in helping me sell my property, but I’m not sure what the correct questions are to ask

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