Real Estate Investor Magazine South Africa December - January 2014 | Page 23

REI Residential

Valuable Input

Adrian Goslett,
CEO,
RE/MAX
“As a buyer, it is
important to work with
an agent that you feel
comfortable with and
have an open line of
communication with to
be able to convey exactly
what you require.”

www.reimag.co.za

Property Still Strong

Andrea Atkinson,
Eastern Cape Sales
Manager,
Ooba
“Buying a holiday home
is a big expense and
commitment, and the
kinds of things you
should consider are very
different to your first
home. You need to make
sure that you know as
much about the property
as possible before taking
such a big step.”

An analysis of the various reasons for selling
appears to confirm that we are still currently at
a relatively strong stage of the property cycle,
despite the 3rd Quarter Estate Agent Survey
pointing to a slight decline in overall residential
market activity levels.

Low Income Activity Ratings
Recently, the FNB Estate Agent Survey has
pointed to the lower income/price areas of the
residential property market having the strongest
fundamentals underpinning them. These
fundamentals include stronger activity ratings,
and more noticeable declines in the average time
that a property remains on the market prior to
being sold.
December January 2013/4 SA Real Estate Investor

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