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Recent events again show estate agents in South Africa have to be aware that certain situations put them at risk of falling victim to opportunistic criminals - whether showing a property to potential buyers or even just taking down their boards after a show day.
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Are you ready for a FIC inspection? The changes to the Financial Intelligence Centre (FIC) Amendment Act were implemented in October last year. The real estate industry graciously got an extension till 1 April this year to ensure they have the right documentation and procedures in place to be compliant with the Act’s new requirements.
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Speakers Corner The Estate Agency Affairs Board (EAAB) overburdens the real estate industry in South Africa – for the industry to flourish and grow fewer regulatory and costly barriers to entry are needed,” comments an experienced property practitioner. Click below to read the rest of his letter.
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Hidden costs when using set-fee estate agencies Low-cost real estate agencies have been making an undeniable splash in the media recently. With the cost of living for South Africans rising every day, it’s certainly refreshing to see a service that claims to be dropping prices rather than increasing them.
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Why millennials prefer to rent The demand for rentals among millennials is on the increase, and it’s easy to see why. In Deloitte’s 2018 Millennial Survey of over 10 000 people born between 1983 and 1994, the research found that freedom and flexibility were key workplace priorities for this age group. But this could be extended to the world of property too
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