Philip Van Niekerk agent profile

Estate Agent Property News Articles

The legal steps to selling a property in South Africa

30 Aug 2024

Selling a property in South Africa can be an exciting and rewarding endeavor, whether you're aiming to capitalize on your investment or seeking to finance the purchase of a new home. However, understanding the legal steps involved is crucial to ensure everything runs smoothly. Failing to comply with the necessary legalities can lead to costly delays, disputes, and complications.

Market & Opinion

Important red flags in property deals to look out for

17 Jul 2024

Learn how to spot important red flags in property deals to avoid scams. Verify agents, confirm property ownership, and be cautious of fake listings. Stay vigilant and protect your investment.

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?

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.