Advice to buyers in a Covid 19 market

The Covid pandemic has changed the real estate market dramatically as it has so many industries. Some of these are a great opportunity to utilize technology effectively in the real estate market.

A sentiment we support & share at Marlene Ezio Properties.

An open letter to the President of South Africa

New Property Sector Council formed

A new representative council has been formed to provide a single voice for property practitioners to speak with authority on issues connected with the property industry.

ADVERTISE OR MARKET A PROPERTY?

What is the difference between merely advertising a property (which just about anybody can do) & marketing a property (which can only be done by bringing experience & knowledge together creating successful win, win sales).

TIPS FOR BUYERS INQUIRING ABOUT PROPERTIES BY EMAIL.

TODAYS TOPIC: FRUSTRATED BUYERS OR FRUSTRATED ESTATE AGENTS? If you are a serious buyer, you may not be getting the attention you deserve!! Read further for useful tips when sending email inquiries to estate agents.

Advice for buyers

Currently, it is a seller's market, with properties being scarce & buyers abundant. Which all means that a buyer may find it frustrating to find a property or get the attention of estate agents. For estate agents, it may be equally frustrating being inundated with requests, but having little knowledge as to buyer's requirements. Here is some advice I wrote a while back which may give the prospective buyer insight and help:

THE SHORTAGE OF ENTRY LEVEL APARTMENTS & TOWNHOUSES?

Why is there currently such a shortage of entry level apartments & townhouses in the Northern Suburbs of Cape Town? Although there are always a fair number of flats/apartments & townhouses available, only a small hand full of these are "sell-able", reasonably priced and difficult to find. The others, are usually "problem cases", overpriced & with little chance of actually selling. Why is this? What has led to this scenario?

CONSERVATIVE & CAUTIOUS by nature, DRIVEN & DYNAMIC by design.

Read these characteristics slowly & carefully before you read further. Why? In my opinion, they describe what makes both a successful estate agent, as well as a successful property investor.

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I get asked this question SO MANY TIMES: " What property can you get me that is a Good Investment?" Here is my personal opinion, based both on my experience as a Realtor specializing with the sales or these entry level, flat/apartment type properties, as well as my experience as a Property Investor, owning some of these properties myself.

Recovery in first-time buyer interest

Sentiment in the residential property market continues to improve and drive up the demand for homeownership, even in the face of rising living expenses and slow economic growth that is keeping the lid on salary and wage increases.