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It seems that every week these days a new online, low-commission, hybrid and fixed-fee real estate agency launches in South Africa. While their differentiation is very much based on their fee structure – promising to save a seller thousands in estate agency commission – they also

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The prop tech industry continues to make headlines with one of the country’s oldest low-commission estate agencies, Steeple, being acquired by newer low-commission player, PropertyFox, according to reports. The deal will see all of Steeple’s current mandates and sellers “migrating” to PropertyFox. “It will add around 100

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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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Online and single-office real estate agencies have been served with notices by South Africa’s biggest property portal, Property24. The notices centre on changing the charging structure instituted by Property24 on physical real estate offices. A mail circulated to affected agencies, such as PropertyFox and HomeBid, said the

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