Monday, May 12, 2008

Mass Exodus?

It was reported (on page 9 of Cape Argus on May 10, 2008) that Bill Rawson, chairperson of Rawson Properties, has taken issue with at least four estate agency leaders regarding their public statements on the so-called mass exodus of agents from the industry.

He says almost all the statements he has seen have been irresponsible and have been based on unreliable figures or, in some cases, on pure speculation.

"It may be that the drastic loss of agents from the industry quoted by some reflects the situation in their own companies, but that scenario is not supported by the only reliable source of statistics on this matter, the Estate Agency Affairs Board," he said.

It was reported that Rawson says the EAAB's "commendable and highly factual" advertisement in the Sunday Times that set out the problems the board is encountering and the mistakes agents make in their efforts to register, reveals that 42 868 agents are registered with the EAAB.

To this figure, he says, could be added anything up to 20 000 other agents who in many cases have paid their deposits to the board (R9-million received payments have still to be allocated) but who have not yet received their certificates.

"There are a host of reasons for the delays in registration," says Rawson. "In some instances the postal services have let the board down badly. In others the board itself has accepted that it has fallen behind. Then again it has to be realised that the application or renewal systems are complicated."

Rawson says the EAAB will have to catch up with the latest technologies and introduce web-based initial applications and renewal debit payments, and he has no doubt the vast majority of estate agents will welcome this.

"The temporary difficulties outlined so pertinently by the EAAB should not, however, obscure the fact that the board is working hard to remedy the registration crisis and has employed extra staff for this purpose.

I (the author of this site) believe that these problems will be vastly eclipsed by the new qulification requirements being itroduced. If they (EAAB) do dot improve their systems December 2011 will leave the industry in a shambles

Rawson furthersr said "The difficulties should also not make us forget that the industry has held on to 60 000 agents, most of whom are perfectly capable of riding out the current slowdown and have no intention of leaving. I estimate that right now for every three agents leaving the profession a further two are joining it. The 'exodus' is, in my view, a massive exaggeration. It is not taking place.

"The new franchise model adopted by many big agencies is attracting a more qualified and competent type of applicant to the industry than has ever been seen before. Property marketing is now regarded by many as a challenging, worthwhile career suited to those with an entrepreneurial spirit."

SHARE YOUR VIEWS - Is there an exodus? Have the numbers of practicing agents been reduced by the tightening of the market?

This article was originally published on page 9 of Cape Argus on May 10, 2008

Sunday, May 11, 2008

It was reported in the Sunday Times today (11 May 2008)

that house price growth is at an eight-and-a-half year low. This is indicated by the April results of the ABSA House Price Index.

Growth slowed to 6.8% year-on-year (in the middle section of the market)- down from 7.6% in March. It was further reported that this was the fourth consecutive month of single digit growth in nominal house prices since the 11.2% growth recorded for December 2007.

Saturday, May 10, 2008

ANC Today -10 May.

Housing and human settlements

(They say)Positive results are emerging in the implementation of the comprehensive programme
dealing with human settlement and social infrastructure. Banks have indicated that
R35 billion has been released for financing housing development and ownership. The
upward movement of interest rates has however eroded the affordability of housing.

An inclusionary housing policy has been finalised and implemented across private and
publicly driven housing development. Multiple housing projects that are designed as
mixed use and mixed income housing developments serve to ensure cross subsidisation
and achieve inclusionary housing objectives.

Over 100,000 units are planned in projects such as Cosmo City, Olievenhoutbosch,
Chief Albert Luthuli and Mogale (Gauteng), Bendor and Lephalale (Limpopo) and
Klarienet (Mpumalanga). At the same time, a voucher system for building materials in
rural areas to support the self-build initiative is being investigated by the
Department of Housing. The Rental Housing Act has been amended to improve the
regulation of tenant-landlord relations.

Wednesday, May 7, 2008

Looking for property - check these sites out.

www.cyberprop.com
www.sundaytimesproperty.com
www.real-estate-south-africa.com
www.cellproperty.com
www.propertygenie.co.za
www.funnelproperty.co.za
www.propertytrader.co.za
www.property24.co.za
www.mls.co.za

Used any of these? - Please give us feedback, write a comment.

Monday, May 5, 2008

Test

X
CHARL HEYDENRYCH
 
Brookfield Investments 158 (Pty) Ltd 
DIRECTOR
 
21 Rose Street, Florida 1710
PO Box 2447, Florida Hills 1716
Tel  011 672 9019 • 082 637 3710
Fax  011 472 0510
Email  proplib@tiscali.co.za
http://realestategoingson.blogspot.com/
 

Should we be thankful?

It is reported (Manto Tshabalala-Msimang 05 May 2008 - Briefing document released by Minister of Health May 5 2008 - Social Sector Cluster briefing document:

That positive results are emerging in the implementation of the comprehensive programme dealing with human settlement and social infrastructure. To date, financial institutions (Banks) indicate that R35 billion has been released for financing housing development and/or ownership.

A housing policy has been finalised and implemented across private and publicly driven housing developments. Housing projects that are designed as "mixed use" and "mixed income" housing developments will ensure cross subsidisation and achieve inclusionary housing objectives. Over 100 000 units are planned in projects such as Cosmo City, Olievenhoutbosch, Chief Albert Luthuli and Mogale (Gauteng), Bendor and Lephalale (Limpopo) and Klarienet (Mpumalanga).

At the same time, a voucher system for building materials in rural areas to support the self-build initiative is being investigated by the Department of Housing. (This one I think has promise - CH)


The Rental Housing Act has been amended to improve the regulation of the tenant-landlord relations (ag, more regulation - who needs it - CH).

Anyone use this portal?

This is how they invite you:

"Come Home to PropertyHome . PropertyHome has a wonderful suite of offerings for every active player in the Property Industry. Come in – connect, buy, sell, rent, let, find and click your way through.….” http://www.propertyhome.co.za

What is neat is that they give you a 3-moth free trial period. That should be enough to even sell the property.

Give us some feedback of your experience here. I'm going to market a property here - I'll let you know how it goes...

(I have no relationship or interest in this website - in fact they don't even know about me writing about them - just thought that my readers should know about it!).

BTW - the Florida flat has been sold - an ad on Privateproperty did the trick (I must say it was well priced too!) Hope the buyers manage to get the bond. But Karien at .............. always comes through for me!

Thursday, May 1, 2008

Free Assessor Training for Agents

If you are an experienced agent/principal - there is a shortage of qualified assessors in the real estate industry - to alleviate the situation the Services Seta is sponsoring free assesseor training. This is a three day event that equips you to assess the portfolios of other agents. If this is something that you are interested in, talk to me.

Charl Heydenrych
082 637 3710

In the streets of Johannesburg.

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