Weekly Newsletter
Friday, 04 May 2007
Property Search | Estate Agents | List your property

Edition 17 of 2007, Friday, 04 May 2007

Dear Reader

All regular readers of our www.cyberprop.com newsletter should know that I like to measure the South African property market against the vehicle sales. For last month the Association of Automobile Manufacturers of South Africa (NAAMSA) reported that vehicle makers sold 43,588 units - a decline of 2,002 units or 4.4% - of new vehicles compared to 45,590 of the corresponding month last year. But where does that leaves us with the property market?

According to a survey done by Homenet the market is balancing out. "Clear evidence that the property market has settled and is set for an upturn is the fact that the difference between asking and selling prices has dropped back to normal levels of between 5 and 10 percent in most areas - from as much as 25 to 30 percent in the middle of last year." Survey indicator suggests market has settled

Did you know that airports offers a viable option for the real estate industry? As airports “grow, they are sitting on acres of land” that will allow for the building of modern spaces, said B.S. Nagesh, managing director, Shoppers’ Stop

It feels like the other that we introduced The Home Channel (DStv 55) to our readers, hard to believe that it was two years ago. Happy Birthday The Home Channel

This weekend The Home Channel (DStv 55) is two years old. We are very proud to announce that our viewership has grown from 120 000 at the beginning to almost half a million unique viewers per weekend at present.

We ' re not planning a birthday party as there are other functions on the cards. But we just wanted to drop you a note to say thank you for your interest in the channel and your wonderful support over the past two years.

With best regards and thanking you in advance for your continued support

The Home Channel Team

Good news for readers who has property in the City of Cape Town. The property valuations may have passed on Monday, but property owners may continue to lodge complaints - for a fee. Our advice, go log that complaint before it is too late Property valuations complaint, owners pay up

Do you do some checking on the background and credentials of the estate agents that you are dealing with? According to iAfrica if you do not it can be a recipe for disaster. Read more about two excellent tips to keep in mind when selling your property in Have Fun

"I recently bought a flat. I took transfer mid-November. It has now come to light that there are municipal arrears of R60,000 for the entire block of ten units. Who is responsible for these arrears?" To read or place some comments visit our CyberProp.com blog

The editor


>> Real Estate News - Airports seek funds in land, retail and hotels

India’s next hottest shopping destination may not be its swanky malls, but its airports, which are getting a rapid makeover into 21st century jet-setter retreats.

As the airports located in Mumbai, Delhi, Bangalore and Hyderabad get modernised, they are leveraging their huge swathes of renovated interiors to earn extra revenue. In the process, they are bringing to India a new brand of retailers and hoteliers: the airport specialists...

>> Survey indicator suggests market has settled
Rodney Hayter

Clear evidence that the property market has settled and is set for an upturn is the fact that the difference between asking and selling prices has dropped back to normal levels of between 5 and 10 percent in most areas - from as much as 25 to 30 percent in the middle of last year.

This has emerged from the latest national survey conducted by the Homenet group through its network of more than 160 branches countrywide, and is good news for homebuyers...

>> Where to with interest rates?

Property experts have not been anticipating any further interest rate hikes for 2007 after a drop in the inflation rate. However, things could change soon as petrol and food price increases threaten... This is turn would mean repercussions in the form of possible adjustments to the prime lending rate...

>> Happy Birthday The Home Channel

Exciting new shows scheduled for The Home Channel

It’s been two years since The Home Channel launched on DStv Channel 55. During this time, the channel premiered a host of international shows for the South African market. Just think of all time favourite Debbie Travis’ Facelift, Holmes on Homes and neat, to name a few.

>> Focus on Port Elizabeth, Eastern Cape, South Africa

A superb holiday mecca, the city offers an unbeatable and diverse mix of eco-attractions as a family and adventure holiday destination: scenic nature trails and magnificent wildlife experiences, 10 long, golden beaches, historic heritage and a unique coastal climate - rated fourth best weather in the world!

>> View Properties in the Eastern Cape
>> View Properties in Port Elizabeth

>> Property of the week

Eastern Cape, Port Elizabeth, Summerstrand

Bedrooms 4
Bathrooms 2

This stunning 4 bedroom, 2 bathroom home is situated in the heart of Old Summerstrand. Lovely swimming pool with garden. This home has been beautifully renovated, and is close to The Village Shopping Centre, Summerwood Primary, Pearson High School and NMMU (UPE)...

Search for property in your area

Enter City/Suburb:
>> Have Fun - Selling?

Too many residential property sellers still take on estate agents without checking their background and credentials, which could be a recipe for disaster…

"The very first question the prospective property seller should ask his agent, is if they are a member of the Institute of Estate Agents or the equivalent body in the area," says Lanice Steward, MD of Anne Porter Knight Frank...

>> News from - Business Day

PORT Elizabeth may be able to achieve a turnaround like Johannesburg’s, and more rapidly as it is smaller, says inner-city revitalisation consultant John Fraser.

But Fraser, who runs consultancy Urban Inc, says a structured strategy has to be in place.

Fraser, who is also a nonexecutive director of the City of Johannesburg development arm, the Johannesburg Development Agency, visited Port Elizabeth recently to offer urban renewal advice to the Mandela Bay Development Agency (MBDA), which has been charged with turning the Friendly City’s central business district around...

>> Property valuations complaint, owners pay up

The deadline for objections to the City of Cape Town's property valuations may have passed on Monday, but property owners may continue to lodge complaints - for a fee.

Chris Gavor, the city's director of valuations, said on Tuesday there was "still a process" whereby property owners could complain to the city. They could ask for a revaluation of their properties.

Since February 21, 33 000 objections have been received. The city carried out 735 000 valuations.

Gavor said the figure excluded the 70 000 objections by sectional-title owners that had to be submitted by the council after a computer glitch led to double billing...

>> From the CyberProp Blog

This weeks blog article;

Most people are aware that the Estate Agency Affairs Board (EAAB) plans to introduce compulsory education for estate agents towards the middle of this year. This is a positive step towards professionalising an industry well known for its unprofessional conduct. According to the Estate Agency Affairs Act, of 1976, those who manage sectional title property for a fee are defined as estate agents and the EAAB has made provision for these managing agents in their new training programme.

>> One month to go to the largest worldwide real estate exhibition - SIMA07.

The ninth edition of the Madrid Real Estate Exhibition, taking place from 29 May to 2 June, will cover a total of 100 000 square meters. SIMA’s International content will be distributed in two areas: SIMA’s Hall I (International Institutional and Investment Pavilion, and SIMA’s Inmotur (International Holiday Homes Pavilion), an area devoted to second homes in foreign countries where hundreds of property and property related exhibitors from more than 20 markets will participate...

>> Software at its best!
CyberAgent makes canvassing easy! Use data from SAPTG, CyberTrade and the Deeds office to do mail drops!
CyberAgent enables the estate agent to manage buyers and sellers, sending them birthday cards, emails etc.
CyberAgent enables the estate agent to manage properties and print great reports with a click of a button.
CyberAgent enables the estate agency to keep track of sales related commissions, VAT, outstanding payments and more...
CyberAgent links with the transfer attorneys, send and monitor transfers electronically!
Get your own dynamic website linked to CyberAgent. Work OFFLINE!!! Only go online when updating your web site.
Great exposure! Through your CyberAgent application all properties updated to your site are also send to www.cyberprop.com, www.sundaytimesproperty.com, www.real-estate-south-africa.com, www.cellproperty.com, www.propertygenie.co.za, www.propertytrader.co.za and www.ananziproperty.co.za

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com

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