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Huge revenue losses forced UK-based fixed-fee agency Purplebricks to close their operations first in Australia and recently also the US – a sign that the fixed-fee model is bound to fail unless aligned more closely to the traditional real estate model?
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Experts hopeful for upturn following rate cut With the first rate cut in more than a year, putting prime lending rate at 10% (down from 10.25%), property experts say things are starting to look up for the industry.
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Speakers Corner What can a landlord or rental agent do about a tenant that is continually 3-4 weeks late with their monthly rental payments? Rental law expert Marlon Shevelew, director of Marlon Shevelew & Associates shares advice on this and other rental-related issues.
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What does a lower repo rate mean for SA’s rental market? A lower repo rate offers some reprieve to homeowners but a stronger economy is what is needed to see growth in the property rental market says Jan Davel, new CEO of property management company PayProp Services.
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Expropriation Bill: Outstanding issues The finalising of the Expropriation Bill is one of the priority tasks set before the sixth Parliament The much-debated Bill is expected to be tabled soon by the Department of Public Works and Infrastructure.
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