Downsizing from a large, freestanding property to a smaller, more manageable unit within a retirement estate can provide several lifestyle benefits for those who are planning to retire. This is according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who says that aside from the fact that a smaller home will be far easier to maintain, it also provides the owner with far more freedom to be able to lock-up-and-go any time of the year without worrying about maintenance … [Read more...] about There comes a time to downsize
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What about security?
Security is a major determining factor for most property buyers in South Africa, which is why homes within security estates or those that have state-of-the-art security systems generally sell for a higher premium. What about tenants? A large portion of the population prefers to rent rather than own a property due to financial and other reasons. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that just because a person is renting, it doesn’t mean that their safety … [Read more...] about What about security?
The ‘unequal’ debt
All debt is the same right? Not exactly, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. “Very often consumers seem to put all debt in the same category, however while all debt is debt, it is not all equal. Identifying the difference between bad debt and what could be considered as potentially good debt will assist consumers to make more informed and better financial decisions moving forward,” says Goslett. Before the global property market downturn, many … [Read more...] about The ‘unequal’ debt
Going Green will help you get a higher resale price for your home
More and more homebuyers in today’s property market are becoming increasingly interested in homes that offer green elements. This is according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. He notes that the term ‘green’ home has become somewhat of a buzz word in the housing market as a growing number of homebuyers consider energy efficiency as a highly important factor when searching for the perfect property. “Buyers are looking for both energy-saving features as … [Read more...] about Going Green will help you get a higher resale price for your home
Master the art of property investing
For those who can master the art of property investment, it can be very financially rewarding. However, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, entering into the world of property investment can be intimidating, not to mention risky. “In every phase of the property market there are opportunities available to investors, provided they are well-versed and undertake the necessary research,” says Goslett. “Without putting in the time and effort it requires, … [Read more...] about Master the art of property investing
Top 10 things to do before selling your home
With a large percentage of buyers in the market purchasing their first property, it can be assumed that at some stage in the future these first-time buyers will become first-time sellers. As with purchasing a property, selling a home also requires some homework and research on the owner’s part. Another important aspect is selecting a reputable, experienced real estate agent who will be able to provide sound guidance and advice with regard to improving the home’s presentation to ensure it appeals … [Read more...] about Top 10 things to do before selling your home
4 Home Selling Myths
The procedure of purchasing or selling a property can be a complicated process for many novice buyers and sellers, even with all the advice given from well-intentioned family and friends. Receiving advice and information from so many different sources can lead to uncertainty about certain key aspects of the sales transaction. According to Adrian Goslett, CEO of RE/MAX of Southern Africa, with the large amount of information available to consumers these days through a number of places, it may … [Read more...] about 4 Home Selling Myths
The four different ways of buying property
Currently in South Africa there are four main ways in which a property can be purchased, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons. Goslett notes that the law in South Africa recognises various types of 'persons', regarded as either natural persons or juristic persons. "A natural person is a person who … [Read more...] about The four different ways of buying property
Should you purchase a home off plan?
With demand for property far exceeding the current supply, purchasing a home off plan has become increasingly more popular in today’s market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. Apart from the fact that supply is currently an issue, Goslett says that off plan buying has also become popular due to these properties being more affordably priced to other properties offering similar features within the same area. This provides buyers with an attractive … [Read more...] about Should you purchase a home off plan?
#Budget2015’s Impact on the Property Market
Speaking at the Budget Speech for 2015, Finance Minister, Nhlanhla Nene, voiced concerns regarding the deficit between the projected tax proceeds and government’s revenue requirements for the year ahead, despite the expenditure ceiling being lowered. As a result, Nene announced that the gap would need to be bridged, which means that taxes would need to be increased. Aside from the usual increases in sin taxes, consumers will also have to deal with increases in the petrol price, electricity … [Read more...] about #Budget2015’s Impact on the Property Market
Will Load Shedding affect property prices?
According to leading financial analysts and economic experts, the ever-growing risk of electricity supply disruptions could affect the residential property market in 2015. While it is expected that house price growth will be marginally higher this year than last year’s 7.1%, electricity supply constraints are likely to have a negative effect on the demand for property. John Loos, a household and property sector analyst at FNB, pointed out that both the output and performance growth of the … [Read more...] about Will Load Shedding affect property prices?
#SONA2015 and Property
Addressing the nation yesterday, President Jacob Zuma made some interesting comments that are likely to have a major impact on the property industry in the future, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. He notes that an issue that has been affecting households throughout South Africa is the ongoing power constraints which have put a large strain on the economy over the last year. The energy supply problems have impeded economic growth, which is likely to … [Read more...] about #SONA2015 and Property
Selling? How to create buyer appeal
While nothing new to the real estate market, the trend of home staging has seen an increase in popularity among sellers who want to create the optimum buyer appeal when placing their home on the market, says Adrian Goslett, CEO of RE/MAX of Southern Africa. He notes that preparing and getting the home ready for sale can have a very positive effect on potential buyer’s opinion of the property and home staging is just one of the ways that sellers can do this. “It goes without saying that every … [Read more...] about Selling? How to create buyer appeal
Options for distressed homeowners
While there has been some economic improvement since the recession, and the property market has levelled out and seen some growth, many consumers are still battling with financial strain and may be unsure as to whether or not they can afford the property they live in. RE/MAX of Southern Africa, CEO, Adrian Goslett says that while RE/MAX has seen a decline in the number of distressed properties entering the market, they are still handling a number of sales in this sector. “Although we have … [Read more...] about Options for distressed homeowners
Fix or Sell?
Your home is in need of repairs, but you have decided to place it on the market – it is worthwhile taking the time to fix it up or should you rather just take a knock on the asking price? RE/MAX of Southern Africa CEO, Adrian Goslett, says that often homeowners find themselves in a situation just like this one and have to make a tough decision. While fixing up a home could result in achieving a much higher price when the property is sold, deciding to fix it up before selling could add months to … [Read more...] about Fix or Sell?
