Table View property market to benefit from the latest developments

Apr 13, 2021 10:42:40 PM Share this:

Analysing trends in Cape Town's property market over the last year and the perpetual increase in demand for high return on investment opportunities, given the low-interest rate and macroeconomic conditions, the latest development in Cape Town's booming suburb of Table View, aptly named "Cornerstone on Arum" is set to continue this trend. 


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Topics: Harcourts South Africa, Property Investment, buying and selling, Harcourts Atlantic

COVID effects on the property market and South African investment positivity

Apr 9, 2021 6:58:55 PM Share this:

It is difficult to address the effects of the COVID-19 pandemic on the economy when so many people experienced personal loss and trauma during this time. But then you think about it for a minute and consider the impact the virus has had on our livelihoods and business operations as well, and then only does the entire picture come into view.  With that being said, why then has the real estate market not only been able to stay buoyant but, in contradiction to earlier predictions, show immense activity and growth during the past year.


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Topics: Richard Gray, Harcourts South Africa, Property Markets, buying and selling, Property and Investments, COVID-19

COVID effects on the property market and South African investment positivity

Mar 11, 2021 7:34:06 PM Share this:

It is difficult to address the effects of the COVID-19 pandemic on the economy when so many people experienced personal loss and trauma during this time. But then you think about it for a minute and consider the impact the virus has had on our livelihoods and business operations as well, and then only does the entire picture come into view.  With that being said, why then has the real estate market not only been able to stay buoyant but, in contradiction to earlier predictions, show immense activity and growth during the past year.


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Topics: Richard Gray, Harcourts South Africa, Interest Rates, COVID-19, Buying and Selling Property

Ballito continues to showcase impressive growth in the property market

Feb 4, 2021 8:45:18 PM Share this:

Once known as a quiet seaside town, Ballito has become a hustling and bustling coastal location that has somehow managed to retain its community-orientated feel.


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Topics: Richard Gray, Harcourts South Africa, Rental Market, JP Pienaar, Buying and Selling Property, Harcourts Dolphin Coast

Evolving and adapting to the current economic climate

Jan 14, 2021 6:29:14 PM Share this:

The new year has come and with it new challenges. We're still in the wake of 2020 and with the current restrictions, many businesses remain under pressure. The real estate industry continued to work through a lot of the difficulties facing in the industry. Thankfully, in some regions, the market is highly active and sales have improved beyond previous years. How do we navigate the foreseeable future and adapt enough so we can sustain and grow our business?


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Topics: Real Estate Agents, Estate agent training, Innovative technology, Harcourts Real Estate, COVID-19

Can we determine true market value?

Nov 5, 2020 9:14:26 PM Share this:

Determining the true value of a property is one of the most crucial components of any transaction in the real estate industry. The entire valuation process comprises of various factors which ultimately lead to an accurate property valuation.

Is the true value of a property subjective?
Valuing real estate is a very particular process, due to the fact that each property possesses unique features, which are specific to that property; including location, erf size, floor plan and layout, as well as additional amenities. In addition, local knowledge and understanding of the market by the estate agent responsible for the valuation is paramount. An agent with an acute insight into their local market more accurately assess market value than that of an agent who does not understand the trends related to that region.

Unlike most commodities that are used quickly, the advantages of property are typically recognised over a certain amount of time. This also means that determining a property’s fair market value should take into account both economic and social trends, as well as legislative regulations and environmental factors which may affect the overall valuation; while general industry principles such as supply and demand will undoubtedly influence an individual property's value from a holistic perspective.

Although the valuation process is clinical by nature, homeowners will naturally have attached sentiments to their current property. A good real estate agent will also be able to keep this in mind to ensure that the final valuation is worth the homeowner’s while from a personal perspective.

In essence, a home is worth whatever a buyer is willing to pay and a seller is willing to accept. However, an experienced real estate specialist who works with both buyers and sellers in the current real estate market is not only able to access accurate data but also see two sides of the same coin. As a result, this insight allows them to decide best how to assess the true value of a property.

Connect with us on social media to share your thoughts on determining true market value.


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Topics: Harcourts South Africa, Real Estate Agents, Market Value, Buying and Selling Property

How buyers can gain leverage in a seller’s market

Oct 12, 2020 10:17:54 PM Share this:

Many areas are experiencing a hot real estate market and have shifted to a seller’s market. This is despite the COVID-19 pandemic or perhaps because of it, as well as the subsequent record low-interest rates. While current conditions are prime for sellers, they can make the process more challenging for property buyers. Navigating a seller's market can seem daunting for prospective buyers, however, they can still position themselves for success and zero in on their ideal property. 


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Topics: Buying, Richard Gray, Real Estate Agents, Harcourts Real Estate, First time homeowner, COVID-19

Proptech industry propelled into action during COVID-19 pandemic

Oct 5, 2020 7:28:02 PM Share this:

The Proptech, or property technology industry, is experiencing a massive push by the coronavirus pandemic, with companies implementing and investigating technology-backed solutions to combat ongoing challenges. The proptech value chain as a whole has always depended on whether the country is equipped to transition into a more technologically-driven system, however, COVID-19 didn’t lend itself to choice.  


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Topics: Richard Gray, Real Estate Agents, Harcourts Real Estate, COVID-19, Proptech

Real Estate, a major industry offering constant working opportunities

Sep 25, 2020 7:31:03 PM Share this:

Real estate is a major industry and an everlasting commodity, offering vast sales opportunities. While change is a constant occurrence in the property market, and 2020 has brought its fair share, the industry itself will always remain relevant. For people considering a career in real estate, the future of the realm as a whole provides real promise. The sector continues to guarantee a ‘hereafter’, despite challenges due to the pandemic.


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Topics: Careers, Richard Gray, Harcourts South Africa, harcourts careers, Real Estate Agents