Alta Swanepoel

Open Realty / Property Practitioner
More about Alta
I am Alta Swanepoel from the friendly city of Port Elizabeth originally from Gauteng. I am passionate about property. I started my career in property more than thirty years ago as an administrative assistance at Johannesburg city council valuation department and then move over to become a property valuer. From there I move over to First national bank and ABSA bank as a valuer. We relocated to Port Elizabeth where I worked for DDP valuer. I also started dwindling in bond origination. I did municipal inspection for Nelson Mandela bay Municipality. I then started working for a construction company doing commercial leasing and being a personal assistant as well as running all the payments, staff and other related issues. The company closed down due to the owner personal circumstances. That’s when I decided to start selling properties as that is what I know and I love. I am still doing insurance inspections , as well as private valuation.
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Housing Affordability: How First-Time Buyers are Coping
Market & Opinion
Housing Affordability: How First-Time Buyers are Coping
09 Jul 2024
First-time homeownership remains a challenging goal for many South Africans, particularly the youth. Despite a brief period in 2020/21 when interest rates were cut to record lows, participation by young buyers, defined as those under 35 years old, has continued to decline steadily since 2010. This is according to insights from the latest FNB Estate Agents Survey that looks at understanding how first-time buyers are navigating a tight monetary policy environment.
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What every buyer should know before signing an Offer to Purchase
Legal
What every buyer should know before signing an Offer to Purchase
09 Sep 2024
An Offer to Purchase (OTP) is a legally binding agreement between a buyer and a seller in a property transaction. Once both parties sign the OTP, it finalizes the terms of sale, including the purchase price, property description, and any special conditions. Buyers can withdraw under certain conditions, but doing so without meeting the terms may lead to penalties. It’s crucial for both buyers and sellers to review the document carefully before signing to avoid legal and financial complications.
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How to buy a home in a tight market
Market & Opinion
How to buy a home in a tight market
13 Sep 2024
Buying a home in any market can feel daunting, however, it can become even more nerve-wracking when the market is tight and you need to make decisions quicker than you would have if it wasn’t. So how do you approach a tight market as a buyer? What do you need to do to secure your dream home?
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Rental growth surges in Q2 2024
Market & Opinion
Rental growth surges in Q2 2024
03 Sep 2024
Rental growth in South Africa surged in Q2 2024, reaching its highest post-pandemic levels. The PayProp Rental Index shows year-on-year growth peaked at 5.2% in June, outpacing inflation for the first time in five years. While tenants face rising debt burdens, landlords and rental agents are seeing real-terms returns improve, signaling a potential recovery for the sector. Provinces like the Western Cape are leading the way, with rental growth hitting 11.7% – the fastest since 2017.
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