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We need a new deal

The real estate industry in South Africa is one of the sectors in the economy that has not transformed since the dawn of democracy. Only about 24% of all the ±40 000 estate agents registered today, are black property practitioners.

This is the view of Joseph Sakoneka, recently appointed CEO of the National Property Practitioners Council (NPPC), South Africa’s largest property sector trade association.

Should you really buy a home for cash?

Even if you have enough cash in the bank to be able to buy your next home outright, you should probably think twice before you do.

That’s the word from Gerhard Kotzé, MD of the RealNet estate agency group, who says that using a home loan to finance the purchase is often a better way to go, especially if buyers apply through a reputable mortgage originator that will make sure they are offered the best possible interest rate.

Property stokvels do you research before investing

ADVERTORIAL: There is a new investment scheme rolling across the South African property market which brings with it a whole host of opportunities for honest investors and potential homeowners, as well as unscrupulous scam artists. As with any investment, it calls for a thorough investigation before capital layout.

Without a will: What happens to your home when you die?

National Wills Week took place this week and emphasised the importance of having a valid will.

According to the Transaction Support Centre (TSC), which assists lower-income clients with property-related issues, too many South Africans have not drafted formal, legal wills, unaware that this could leave their dependents and families in dire straits should they die.

Closing the Gap of Gender Inequality in the South African Labour Market

SPEAKERS CORNER: Women’s Month has highlighted the role of women (past, present and future) in society and once again reinforced awareness around disparities in gender-based pay that persists today.

A recent study by the National Business Initiative (Gender Pay Gap Pilot Report 2021) highlighted the persisting levels of gender inequality, not only in South Africa but around the world. The paper further stated that the negative impact of the Covid pandemic, from both an economic and societal point of view, was felt most by women.

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