The residential property market continues to operate at above-average levels with higher demand and number of units sold driven by the low-interest rate and high bank lending, arguably the most favourable phase for buyers in many years....
Estate Agents
Buying a home is still one of the biggest financial commitments that most people will ever make – and it has become even more complex in recent years so it’s vital to be aware of the major “potholes” you need to avoid, especially if you are a first-time buyer....
Property transactions are lengthy and convoluted processes with many potential pitfalls and, in a strong sellers’ market, one or two small mistakes are unlikely to be an issue, however, more serious omissions or errors can really put a spanner in the works and, in a tougher market, even small errors can prove costly....
Every agent wants to sign an Exclusive Sole Mandate (ESM), but often sellers opt to sign an open mandate with many agents. This is because sellers often believe that by having many agents on board, their property will sell quickly. But this is not always the case. In fact, it often works out a lot better to sign an Exclusive Sole Mandate....
If you are still on the fence about whether it is better to buy or rent a home, here’s some good news that could help you make up your mind....
For many first-time sellers, selling their homes can be a complicated process - sometimes made worse by all the well-intentioned advice from family and friends....
The new Property Practitioners Act (PPA), which came into effect on 1 February 2022, has been designed for increased support and regularisation of the sales and rental industries and other immovable property professions. Through updated processes, better clarity and new administrative practice, all property practitioners holding Fidelity Fund Certificates (FFC) may consider the Act to be an improvement on...
Property transactions are far from quick and simple so it’s with very good reason that most people appoint agents to assist them with what is probably their single largest investment, but one of the mistakes very often made is to appoint the very first agent you meet....
The interest rate remains low-ish, despite the recent hike, which means it is still possible for more first-time buyers to enter the property market....
The new Property Practitioner’s Act 2019 is an important piece of legislation in the property sector....