In the past few weeks, I have been discussing the Code of Conduct. I am interrupting this discussion this week, to talk about a subject that is very frustrating for Property Practitioners. What do I do if I cannot get my Fidelity Fund Certificate (FFC)??? I...
If you are an intern estate agent/property practitioner, you may be aware of the changes currently taking place to the educational requirements to qualify as a full status non-principal property practitioner. You may also be quite confused by what you have read. Let us try and...
Over the next few weeks, I will be discussing the Code of Conduct. It appears that there are still many property practitioners (PP) who do not understand or remember their ethical obligations in terms of the Code of Conduct. In this week’s blog, I will discuss...
Let us just remind ourselves, that we generally get three main types of mandates when dealing with clients in real estate: Open mandate – this is a mandate that the client can give to as many property practitioners as possible. It can be given verbally...
Paul Stevens, CEO of Just Property, explains what it takes to be a successful real estate agent in today’s climate. 1. Resiliency. The ability to weather the ups and downs inherent in any industry. Life never goes exactly the way the business plan describes it, so...
When buying a property, the usual process is that transfer duty is payable by the buyer on the property, but if the property is registered in the name of a company it will be subject to VAT instead. Transfer duty is the usual tax levied on...
While the statistics may paint an alarming picture, the reality is actually quite different. According to FNB’s Property Barometer statistics for the past 18 years, it shows that if a buyer purchased a home in 2008 for R1 000 000 during the recession, in 2018 the...
