What is an agreement of sale?

Johannesburg, the bustling economic heart of South Africa, is a city of many opportunities, not least for those looking to invest in property. But, while iconic areas like Sandton and Rosebank usually grab the spotlight, the city’s true potential often lies in its under-the-radar suburbs that offer excellent value for home buyers and investors alike.

South Africa’s property market is showing early signs of recovery, with the latest FNB House Price Index (HPI) revealing an increase to 1.2% year-over-year (y/y) in January 2025—the highest growth rate since June 2023. While still subdued, this trend signals improving buyer confidence, fueled by easing financial pressures and shifting lending conditions.

Selling a property is a complex process that requires careful planning and execution. While some minor mistakes may not significantly impact a sale in a strong seller’s market, serious errors can derail a transaction entirely. In a tougher market, even small missteps can prove costly.