Weekly Newsletter
Friday, 22 October, 2004

Edition 40 of 2004, Friday 22 October 2004

Dear Reader,

And this is it, the weekend of the sell out Currie Cup final at Loftus in Pretoria on Saturday. It took only six hours on Monday for supporters to grab up every single ticket. The first supporters, were waiting at the gates as early as 02h00 and although ticket prices rose sharply — R200 for the grandstand and R150 for the open stand — it was all snapped up.

"A stop to Estate Agents commission?" - The Competition Commission has investigated the Institute of Estate Agents of South Africa (“IEASA”), following a complaint initiated by the Commissioner of the Competition Commission. The Commission has found that IEASA has contravened the Competition Act 89 of 1998, in that it indirectly fixed the selling prices of the various services rendered by estate agents. A bench mark of 7,5% commission in respect of residential sales was set Nationally.

Klerksdorp, North West, South Africa is the centre for a large mining and agricultural economy and boast the second largest grain co-operative in the world, "Focus on"

Vegetables for a house? Last week we heard about Christina van Rooyen who bought vegetables on credit for R200. Her failure to pay for these vegetables near cost her her R15 000 home. If you missed this news item last week you can read more about it in "A sale must be justifiable"

On the subject of fruit and vegetables, how often did your mother tell you to eat your veggies? Fruit and vegetables are gifts of nature - good for us and given in abundance. In "Have Fun" we take a closer look at planting a vegetable garden.

If you have not entered our competition to win an Intel Celeron 2.4GHz 40Gb Hard Drive computer you better do it right now! Simply SMS the word "Cyber" to 35066!

CyberProp greetings!
The editor

 

>> Real Estate in South Africa

Slowdown in Cape property prices?

Cape Town seen the end of the price spiral of top-range residential properties? Though a growing number of industry players argue that the market is seeing a slowdown in the top end of the scale, others – among them independent property economist Erwin Rode – roundly dispute this view. What is not in contention, however, is the continuing growth in the price of mid-range properties, says Bruce Swain, CEO of RE/MAX of Southern Africa.

>> A stop to Estate Agents commission!?

Competition Commission puts a stop to 7.5% Estate Agents Commission

The Competition Commission has investigated the Institute of Estate Agents of South Africa (“IEASA”), following a complaint initiated by the Commissioner of the Competition Commission. The Commission has found that IEASA has contravened the Competition Act 89 of 1998, in that it indirectly fixed the selling prices of the various services rendered by estate agents.

>> Listed property sector still in white male hands

THE South African listed property sector is lagging far behind when it comes to transformation, according to an MBA thesis written by a property player .

Marius Muller, a director of Kagiso Intaprop, says in his thesis, which he researched at the beginning of this year, that out of 138 directors on the boards of 14 listed property companies studied, only two were black and three female...

>> Mauritius opens up foreign property ownership

In what is the very first project allowing open foreign investment in property on the exotic island holiday destination of Mauritius, Pam Golding Properties' International Division has been appointed to market the island's first Integrated Resort Scheme (IRS) - the Tamarina Golf Estate and Beach Club.

Legislation in Mauritius has recently been amended to allow foreign ownership of residential property in terms of what is known as IRS - Integrated Resort Schemes. Previously, foreign investors were only permitted to acquire property if they invested a minimum of US$500,000 into the economy via a business or other form of financial investment, and could then apply to
purchase property...

>> Focus on Klerksdorp, North West, South Africa

This modern bustling town started originally as a farm settled by one of the first Voortrekkers on the banks of the Schoonspruit (‘clear stream’). It continued as a small rural village until the discovery of gold in August 1886. Then the boom began. By 1889 the town had over 200 commercial buildings including 69 taverns and a stock exchange. But the rush did not last long as the gold was too low-grade for most over-capitalised companies to make a profit...

View Properties in North West | View Properties in Klerksdorp

>> Property of the week

North West, Klerksdorp, Flamwood

Bed: 3
Bath: 2.5
Garages: 3
Pool: Yes

Search for property in your area

Enter City/Suburb:
>> A sale must be justifiable

Vegetables for a house?!!

Christina van Rooyen bought vegetables on credit for R200. Were it not for Cape Town attorney Matthew Walton, her failure to pay for them could have cost her her R15 000 home. The Court had to decide on whether section 61(1)(a) of the Magistrates Court Act infringes section 26 of the Constitution which entrenches the right of access to adequate housing...

>> Have fun!!

Growing a vegetable garden!

If this will be your first garden, you have a lot of work to do to prepare for the upcoming growing season. You will have three choices for your garden depending upon your growing space, time you can devote to your garden and abilities:

  • The container garden
  • Raised beds
  • Garden plots

>> Be in the frontline

The real challenge for Estate Agents 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.

This week we take a closer look at the "CyberAgent Sales Transfer Manager" module within the CyberAgent application.

The CyberAgent Sales Transfer Manager is your link to your transfer attorney and allows you to send and monitor bond transfers electronically!

  • In order for you to make use of this module your transferring attorney must be registered with LAW (Lawyers Access Web). The “Setup” page tab enables you to check if your attorney is registered
  • The first page tab, “Sales”, lists sales captured in the “Sales Manager” and acts as navigator. It contains buttons for editing property, agent, buyer and seller detail
  • The “Sales Task List” page tab consist of a number of tasks for the current sale and enables you to monitor the progress of the transfer
  • “At a Glance” reports on all aspects of the transfer between you and the transfer attorney etc.

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

>> You can now win with our new competition!
SMS CYBERPROP to 35066 for a chance to Win this incredible computer.
  • Intel Celeron 2.4GHz
  • 40Gb Hard Drive
  • 128Mb DDR-333 Memory
  • Stiffy Drive
  • 56x CD-Rom
  • Optical Mouse
  • Multimedia Keyboard
  • Stereo Speakers
  • 15" CTX Monitor

SMS Charge: R3 per SMS

www.CyberProp.com

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