Weekly Newsletter
Friday, 06 May, 2005

Edition 17 of 2005, Friday, 06 May 2005

Dear Reader,

With 05.05.05 out of the way we now await 06.06.06. There is always something to be on the lookout for. And that reminded me that you the reader have something to lookout for this week in our newsletter, the promised competition sponsored by Dave Welmans and the Property Game. More later on.

South African banking group Absa said on Thursday, 05 May 2005 that the declining trend in year-on-year house price growth, which commenced late last year, continued last month. A year-on-year growth of 23,6% in house prices was recorded in April 2005. This figure for March 2005 was 26.8% - House prices continue to slow

There’s a new game in town when it comes to factors influencing the choice of location for homebuyers – fuel price increases that can add substantially to the cost of commuting - Southern suburbs could get boost from fuel price

Focus on - Langebaan, Western Cape, South Africa - This lagoon town has a definite place in history, as it once was the site where the various leaders of the Khoi nation held their periodic get - together. Since WW II, when the giant Catalina Flying boats used Langebaan as a terminal for their long journeys from the UK, the village has had an uneventful, quiet development, gradually growing into the favourite West Coast town for pensioners. www.places.co.za

And here it is! This week we are including a very exciting competition for a seat on the 25th May Property Workshop by Dave Welmans of The Property Game: Introduction to The Property Game - All you need to know to make money when you buy and sell a home in SA. Dave is an experienced property investor and co-author of the book “The Property Game”. In addition to the insights provided in his book, Dave also offers seminars and workshops on playing to win in the South African Property market. This workshop is a must for anybody looking to buy or sell residential property as well as wanting to know more about the South African property market. Click here for the details of Dave’s workshops.

To win this prize, all you have to do is be the person to refer the most friends to our newsletter over the next week. All referred email addresses must be genuine, unique and not belong to existing subscribers. Click here to refer a friend and stand a chance of winning a seat on the Sandton “Introduction to the Property Game” workshop! Entries close at 12pm on Thursday May 12th. The winner will be notified by Friday 13th May.

Good luck!

CyberProp greetings!
The editor

>> Real Estate News - South Africa

Absence of property titles slows integration — De Soto

PERUVIAN economist Hernando de Soto met Housing Minister Lindiwe Sisulu yesterday to discuss SA’s problems in housing the poor, and said he would assist “SA in any way I can”, if asked.

De Soto met Sisulu last night at a reception also attended by Banking Council GM Cas Coovadia, FirstRand Bank CEO Paul Harris and other business people.

>> The Property Game

Supplied by Dave Welmans www.thepropertygame.co.za

Return on Investment (ROI)
Return on investment (ROI) is a standard measure in financial terms to measure and determine the effectiveness or profitability of an investment. It measures the amount of return as a percentage of the initial investment required. So if I invest a million Rands into an account that pays me 10% interest p/a, my return would be 10%. Similarly, if you purchased a house and rented it out for R8333.33 per month, or R100 thousand per year, your return would be 10%...

>> Old houses as good as new

AS the cost of newly built homes rises and their size shrinks many first time buyers are turning back to older suburbs in the hope of finding a larger home at a smaller price.

But if they want a really "good deal", says Dr Piet Botha chairman of the Nationlink, estate agency group they need to take a tip from more experienced fix up buyers and look beyond the current appearance of a home to its core potential...


Press clipping supplied by Nationlink

>> Southern suburbs could get boost from fuel price

There’s a new game in town when it comes to factors influencing the choice of location for homebuyers – fuel price increases that can add substantially to the cost of commuting.

And Johannesburg’s Southern suburbs are seen as being in line to benefit, says Colin Rodrigues, principal of leading local agency Homenet Delta, who notes that his staff have detected a new addition to the list of Frequently Asked Questions (FAQ’s) buyers come up with when seeking a home...


Article by Homenet

>> House prices continue to slow

South African banking group Absa said today that the declining trend in year-on-year house price growth, which commenced late last year, continued last month.

According to the latest Absa House Price Index, nominal year-on-year growth of 23.6% in house prices was recorded in April. The revised year-on-year growth for March came to 26% (26.8%).

>> Focus on Langebaan, Western Cape, South Africa

Today the town of Langebaan is a mixture of the very old and the very new, with a strong Parks Board presence, a country club and numerous holiday facilities. Much of its old-world innocence is still there, but, as a setting for the activities of water sport and fishing enthusiasts.

This lagoon town has a definite place in history, as it once was the site where the various leaders of the Khoi nation held their periodic get - togethers...

View Properties in the Western Cape | View Properties in Langebaan

>> Property of the week

Western Cape, Langebaan, Myburgh Park

This African designed home consists of 4 bedrooms, 2 bathrooms, main en - suite, jacuzzi and lots more. With air-conditioning in main bedroom and lapa/ braai area this is you're perfect holiday home.

Search for property in your area

Enter City/Suburb:
>> Have fun - how to dig for gold


Do you believe in being 'Proudly South African'?

Last week, I was inspired by a clever idea on the part of one of the biggest names in the history of the South African market. They tought me a lesson we can all use in our businesses, no matter how big or small you may be.

HOW TO DIG FOR GOLD...
By Douglas Kruger

>> News from Realty Executives

'SELLING IS HARDER FOR OLDER PEOPLE'

“Imagine when you've lived in your home for the past thirty to forty years and for some or other reason it's time to make a decision to sell your home and move to a retirement village.” Says Anthony van der Riet

The deepest roots are memories that can make the decision to sell a very traumatic one, and the fact that in certain instances the person wanting to sell might have lost their life-long partner. All those memories are all around in the house in the form of ornaments, pictures, or a garden full of plants that could have been designed and looked after by their loved one.

Often the children are concerned about their parent/s deteriorating condition and ability to look after themselves whilst still maintaining a big house and garden as well as the fact that they all alone and vulnerable should anything happen whether it be security or medical.

This is where a Professional Estate Agent can assist and first and foremost not try and rush the process as this would definitely have a total adverse effect. Get all parties to enter into a discussion as to why the move should take place. Encourage the sellers to make sure where they thinking of moving is the right place. Start making friends where you're moving to, get their opinions find out what facilities are available. Loneliness is most probably the biggest fear aging sellers have, as they think that not only will they be lonely but they will also be removed from all their memories. Which is in fact is not true as they would most probably be with people their age and who share common interests which could mean an extra lease on life and bring joy to their sunset years.

Please phone me should you want to discuss you and your family's position in this regard.

May 2005

IT TAKES DISCIPLINE TO WORK FROM HOME

“Working from home can be a huge advantage if you have a well organised study or space in the house and furnish in the appropriate way. Running your business from home is not sitting at the kitchen table while the dog's and kid's are running around and trying to stay focused at the same time, but rather physically moving into a work area and dealing with work as a priority.” says Anthony van der Riet

Some people who work from home who have commentated that it is a huge challenge to stay focused and create a system that is productive. They maintain that it has taken months or years to organize a system whereby they create a timetable and a working space that makes them focus on the work that has to be done and not to be disrupted by events that take place in the home. It's very important to have an office that is organised with shelves and files and not a pile of paper on a desk. Otherwise you will be less effective then you would have been if you had to go to an office everyday.

One of the biggest problems to overcome when you work from home is trying to avoid running to the TV and watching a programme or news or sports event that you otherwise would not be able to if you worked in an office. When the doorbell ring's which it often does, with people trying to sell something or family members dropping by for a cup of tea, expecting you to leave your office and socialise during your work time.

Although you might not have to travel in the traffic for 40 minutes and can just walk straight from your bedroom to the study, it's this extra time on hand that must be used constructively to ensure that you get maximum production out of your home office. It is vital that when you work from home you realise that the opportunity that you have, to be more productive must be utilized to give you a financial return that will make it even more worthwhile.

QUOTE OF THE MONTH

“Problems are only opportunities in work clothes - Henry J Kaiser

NEED ASSISTANCE GETTING A HOMELOAN?? CLICK HERE!

www.realtyexecutives.co.za

>> Software at its best!

Technology has become an integral part of Real Estate over the past few years. Tools like CyberAgent have played and will play even a more important role in the future of Real Estate. Real estate agencies using a tool like CyberAgent, gain the advantages of using the latest technology to benefit their businesses.

The real challenge is to find a software application (programme) that supports all facets of the industry, cutting out the need to duplicate day-to-day work. CyberAgent answers to all the estate agencies needs.



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

For Sale Property:
Eastern Cape Freestate Gauteng Kwazulu Natal Mpumalanga North West Northern Cape Northern Province Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape