Tips for agents who want to be at the top of their game

Jan 20, 2020 8:00:00 AM Share this:

Rising municipal rates, fuel price hikes, high unemployment rates and uncertainty over high crime rates and corruption in state entities all make for a challenging sell for real estate agents. Yet, property sales and rental agents can be at the top of their game in securing client loyalty, leases and sales.


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Topics: Richard Gray, Tips for Agents, Real Estate Agents, Harcourts Real Estate

Repo cut rate does little to save economic concerns

Jan 17, 2020 9:50:54 PM Share this:

The South African Reserve Bank's monetary policy committee announced yesterday that it has voted to reduce the repo rate from 6.5% to 6.25%. Therefore the prime rate will fall to 9.75%. Although this will certainly alleviate some pressures for those in debt we are a long way from saving a vulnerable economy.


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Topics: Richard Gray, Harcourts South Africa, Economy, repo rate, Market Value

Real Estate: 2020 and beyond

Jan 13, 2020 8:00:00 AM Share this:

The real estate industry has undergone immense transformation over the past two decades, but a number of significant and influential emergent trends are poised to further revolutionise the sector and the way in which we live.

Influenced by a multitude of factors and operating in regular cycles, the real estate industry has always been one of the most dynamic, but in recent years the changes have become progressively dramatic with the next decade poised for even more significant transformation.


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Topics: Richard Gray, Evolution of real estate, Millenials, Harcourts Real Estate

New Act protects homebuyers far better against loss of money

Jan 6, 2020 8:00:00 AM Share this:

Did you know that under the new Property Practitioners Act, one of the many changes will be that a consumer may claim their money back from property practitioners, even if they are trading without a valid FFC? Robert Krautkramer, director with legal firm Miltons Matsemela, expands on what the new Act says about who will need FFC’s to practice and the consequences of not having a valid certificate.


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Topics: Richard Gray, Home Buyers, Harcourts Real Estate, EAAB

How does the Property Practitioners Act help transformation?

Dec 23, 2019 8:00:00 AM Share this:

One way is by making it mandatory for all property practitioners to have a BEE certificate – but what about single proprietors who are white? Robert Krautkramer, director with legal firm Miltons Matsemela, takes a look at what is meant by BEE compliance in the new Act.


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Topics: Agent Life, Richard Gray, Real Estate Agents, Estate agent training, Harcourts Real Estate

It pays to be honest about your home’s flaws

Dec 16, 2019 8:00:00 AM Share this:

There’s no such thing as a perfect property and buyers know that as well as you do, so when selling your home, you should never give in to the temptation to conceal or be untruthful about any defects or drawbacks that you know about.

Quite apart from the fact that this would be dishonest, it could easily result in a legal dispute that not only wipes out any profit on your sale, but actually leads to a loss, says Gerhard Kotzé, managing director of the RealNet estate agency group.


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Topics: Richard Gray, buying and selling, Real Estate Agents, Harcourts Real Estate

This is why tenants must be cautious before signing a lease

Dec 16, 2019 8:00:00 AM Share this:

A tenant has the right, at the inception, to receive and occupy a leased property that is not only fit for the condition it is let but also habitable. The landlord has a duty to maintain the property in a habitable condition throughout the period of the lease.

There are certain steps a tenant must take before concluding a lease.


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Topics: Renting, Richard Gray, Harcourts Real Estate, KZN Rental Housing Tribunal

Only 6% of South Africans will retire comfortably

Dec 6, 2019 6:51:56 PM Share this:

Given the low national savings rate and slow market growth locally and internationally, it should come as no surprise that National Treasury calculates that only about six percent of South Africans are on track to retire comfortably.


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Topics: Richard Gray, Harcourts South Africa, Retirement, Real Estate

Technology, research data forcing real estate innovation

Nov 29, 2019 7:31:47 PM Share this:

Analysing property trends in South Africa based on recent barometers and research documents, there are varied reasons and opinions explaining why certain markets are under pressure and others are thriving.


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Topics: Technology, Richard Gray, Harcourts South Africa

Turn to tribunal for help in a rental dispute

Nov 25, 2019 8:00:00 AM Share this:

The Rental Housing Tribunal exists to resolve disputes between landlords and tenants. And it’s free!


“The Rental Housing Tribunal is a statutory body established in terms of Section 7 of the Rental Housing Act 50 of 1999 (as amended),” explains Pieter Janse van Rensburg of Just Property. “It is an independent body and its members are appointed by the MEC of each province, in terms of the Rental Housing Act 50/1999, to resolve disputes between landlords and tenants regarding residential properties.”


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Topics: Renting, Richard Gray, Landlords, Harcourts Real Estate