Property

“The path forward requires input from all sectors of society. It is time for government to listen and act accordingly,” he said and added that a year later, the Government of National Unity has yet to deliver positive impact where it matters most; alleviation of poverty. “Unemployment remains high, infrastructure is still lacking, and service delivery continues to bypass the very people most in need. From where we stand, no difference has been felt.”

The South African property market has faced a mix of challenges and opportunities in recent years. While rising interest rates and economic uncertainty have made some buyers more cautious, there are still significant opportunities, especially in suburban and rural areas.

Sellers should therefore trust their agent as far as their advice regarding the price is concerned. There is inevitably a level of negotiation involved before a final sale is concluded, but if the seller is stubborn on the price, it might put the buyer off and sink the deal.

Real estate agents must adhere to various standards, including those set by the Property Practitioners Regulatory Authority (PPRA), the Protection of Personal Information Act (POPIA), the Financial Intelligence Centre (FIC) and other relevant regulations governing consumer protection and data privacy. Adherence to these standards reflects our commitment to ethical practice and professional responsibility.

Written collaboratively by: Kevin Mountjoy {Ooba Cradle} & Tenique Naudé {Pam Golding Properties Hartbeespoort}. Amid

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According to Seeff, house sales may even increase during winter. However, this is still dependent on the market and economy.
“While there are seasonal trends and sales dip over the winter school holiday season in some areas, there is no overall trend. Each area differs,” says Samuel Seeff, Chairman of the Seeff Property Group.