Real Estate Investor Magazine South Africa October 2015 | Page 7

INVESTOR TALK
FROM THE PUBLISHER

T

echnology is a game-changer
in the world of real estate,
says Dr. Andrew Golding
of Pam Golding Property Group.
Internet and technology in general
have substantially changed the game
for the South African residential real
estate industry with around 90% of
investors beginning their real estate
journeys on the web in the US.
According to Golding, we are now
seeing a similar trend here in South
Africa.

Technology a Big Game Changer
California Association of Realtors
says more than eight out of 10
home buyers are accessing home
information on their smart phones
and computer tablets. This is
mirrored in SA’s move to mobile and
is set to increase further as access to
more bandwidth improves.
We have also seen how the
introduction of crowd funding real
estate is impacting international
residential
and
commercial
investment
through
multiple
channels. Scott Picken of Wealth
Migrate says this innovation is
driving change in investor behavior.
The big question is whether or not
these technological innovations
will lead to significant changes to
investor-vendor relationships and the
role and function of the individual
broker or estate agent?
Investment principles don’t change
despite technology. Here are 5 things
you can do to be a better investor:

1. Treat your investments like a
business and keep that mindset
2. Have a goal and set a course
for your destination and check
progress
3. Build a capable team especially a
good accountant or bookkeeper,
property manager and agent
4. Build relationships with key
professionals who have a
grasp of the market and the
opportunities
5. Be an effective communicator Use face to face communication
like Facetime, Skype or
Whatsupp rather than written
communication

Successful investing

NEALE PETERSEN

FOUNDER & PUBLISHER

FROM THE EDITOR

I

n recent years the concept
of sharing has moved from
a community practice into
a
profitable
business
model,
dubbed the ‘sharing economy’.
The Sharing Economy is a socio-

The Economy of Sharing
economic ecosystem built around
the sharing of human and physical
resources, including shared creation,
production, distributio