Matthew du Toit agent profile

Estate Agent Property News Articles

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?

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.

Market & Opinion

How to successfully sell your home over the December holidays

12 Dec 2024

Are you thinking of selling your home during the December holidays? While the festive season brings unique challenges—like buyers being on vacation or companies closing—you can still turn this into an opportunity. With careful planning and the right strategies, you can attract motivated buyers looking to close before the new year.

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.