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Latest property news and advice
How AI is being used to scam property buyers and sellers
Technology
How AI is being used to scam property buyers and sellers
20 Nov 2024
The integration of artificial intelligence (AI) in real estate has revolutionised property transactions, offering tools for better property analysis and customer engagement. However, criminals are exploiting these advancements to perpetrate sophisticated scams that can be used to target property buyers and sellers in South Africa.
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South Africa’s property market: A balancing act between recovery and affordability
Market & Opinion
South Africa’s property market: A balancing act between recovery and affordability
18 Nov 2024
The South African property market is entering a new chapter, characterized by cautious optimism and subtle shifts in activity. Despite encouraging signs of renewed interest, house prices remain relatively stagnant, leaving buyers, sellers, and industry professionals wondering: What’s next for the property market?
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Understanding power of attorney in property transactions
Legal
Understanding power of attorney in property transactions
14 Nov 2024
magine you're trying to sell a property in South Africa but are located overseas. Handling the transaction from afar is challenging, but with a power of attorney (POA), you can appoint a trusted representative to manage the process for you. In this article, we’ll cover what a POA is, how it works in property transactions, and what precautions you should take to protect yourself
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Understanding hidden home ownership costs before buying your first home
Market & Opinion
Understanding hidden home ownership costs before buying your first home
11 Nov 2024
Before buying your first home, it’s essential to budget for hidden costs beyond the bond repayment. Common expenses include utility fees, municipal rates and taxes, homeowner’s insurance, and ongoing maintenance. Planning for these costs can help first-time buyers in South Africa manage their finances more effectively and avoid unexpected expenses.
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At MyProperty South Africa, we take pride in being a 100% independently owned property portal dedicated to offering transparency in every aspect of the home buying, selling, or renting process. Our platform showcases an extensive range of private properties for sale and rent, represented by South Africa's leading estate agents. We're revolutionizing the property portal experience and invite all estate agents to join us on this exhilarating journey. Together, we aim to empower buyers and sellers with valuable insights and elevate the real estate industry as a whole.