A buyer's market simply means there are more homes for sale than there are buyers which gives buyers an advantage, as they have more choice and can negotiate lower prices....
Sellers
In a tough market with fewer buyers it is important to make the right impression as soon as the buyer enters the home. There is often no second chance, and it is important to get it right first time....
There is not much that can make a home unsellable, but there are plenty of things that can make a home incredibly difficult to sell. Once listed, it can be tricky to address the issues that are working against the home’s sale....
While there are always exceptional areas, the reality for the market is that with fewer buyers, a slower pace of sales and lower prices being offered, sellers must now be realistic with their asking prices, says Samuel Seeff....
Although the seller is not obliged to provide copies of approved building plans to prospective buyers, it is also the buyer’s right to ask for them. It can be tricky to obtain the necessary building plans unless provided by the seller. For this reason, buyers might request to include a clause to that effect in the offer to purchase (OTP)....
Selling a home is a significant undertaking that can be fraught with potential delays and frustration and, while some factors may be beyond your control, there are many proactive steps you can take as a home seller to minimise these setbacks....
Two major tasks loom ahead for home sellers: preparing their properties for potential buyers and maintaining that show-ready condition while still residing in them. Achieving this balance may seem daunting, but with some careful planning and cooperation with your estate agent, it's entirely possible. In this blog post, we'll provide you with valuable tips on how to live in your show house successfully....
Selling your home is a significant life event, one that often involves substantial financial stakes. Hence, it’s only natural that you want to get the best possible price possible for your property, and having the right agent onside can make a world of difference in your final sale price....
In South Africa, compliance certificates are essential documents that property sellers and landlords must obtain to ensure that their properties meet certain legal and safety standards. These certificates help protect both buyers and tenants by verifying that the property is safe and in compliance with relevant regulations....
In today's ever-evolving real estate market, understanding the intricate balance between a property's value and its marketability is crucial for both sellers and buyers. We delve into the key differences between these concepts and explore how they impact property transactions. Plus, we'll take a closer look at how a property valuation is done in South Africa....