Prevance - Articles

Court finds against EAAB in battle for FFCs

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In a scathing judgement handed down from the High Court on 15 March, the failure of the Estate Agency Affairs Board (EAAB) to issue Fidelity Fund Certificates (FFCs) to the applicant estate agents has been…

April 14, 2021

Buying and Selling Property: Nine Important Questions

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“Owning a home is a keystone of wealth… both financial affluence and emotional security” (Personal Finance Expert Suze Orman) When you buy or sell your “Home Sweet Home”, particularly for the first time, the process…

March 4, 2021

Taking the headache out of development financing

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In 2020, the world experienced unprecedented upheaval with the COVID pandemic. Not only the healthcare impacts, but the associated lockdowns and restrictions on movement will have ramifications for years to come. Millions around the world…

February 16, 2021

Prevance capital – Sellers Advance: Capitalising on the Buyer’s Market

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The adage of “Cash is King” has never been more pertinent than in the year 2020. The Covid-19 global pandemic has left many investors digging the fleece out of their back pockets. As per Stats…

August 14, 2020

Property: Green Shoots, Agent’s Commission and Fidelity Fund Certificates

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“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests…

August 5, 2020

Sandton Rentals & Sales

Sandton Central offers prime property Sandton Central is not only South Africa’s financial capital, it’s also home to high-rise apartment blocks, lifestyle estates and complexes, and some of the country’s most sought-after residential spaces. Sandton…

July 28, 2020

Electronic signatures – valid or just fantasy?

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. The COVID-19 pandemic and nationwide lockdown, as well as the continued restriction on many economic activities, has created severe financial pressure for many businesses, especially from a cash flow perspective. It is therefore…

June 24, 2020

Subdivision and Rezoning of Your Land / Hoe Verlening van Opsie Waarde Toevoeg

‘n Jare-lange vriend, wie op ‘n groot erf in ‘n prestige deel van die Kaap woon, vertel dat hy voortdurend deur ontwikkelaars en agente verpes word om ontwikkelings-regte te bekom vir die eiendom. Die…

February 12, 2020

Does the CPA afford any remedies to the purchaser of immovable property?

“I recently purchased a house through an estate agency. Prior to purchasing the house, I did a few viewings with one of their agents, and he assured me that there were no major defects.…

September 5, 2019

Beware of Property Cyber Scammers

“Forewarned is Forearmed!” (Wise old saying) Why yet another warning about cyber-scams in the property industry? It’s because the hard fact is that the criminals are winning this war. In fact we are now reportedly…

August 14, 2019

Prevance introduces Evance Online – a revolutionary deal management platform

As the old saying goes “time is money.” In today’s fast-paced business environment, improving efficiency can go a long way to making your life easier. As leaders in the industry, we are always on…

July 24, 2019

Property Transfers and Trust Account Theft: A R720,000 Warning

Property Transfers and Trust Account Theft: A R720,000 Warning “The issue of whether a conveyancing attorney receives the money as the agent of the seller, or of the purchaser, or of both, or as trustee…

July 1, 2019

You Signed a Property Sale Agreement, Can You Still Accept a Better Offer?

You Signed a Property Sale Agreement, Can You Still Accept a Better Offer? You put your property on the market and an acceptable but not-perfect offer comes in. On the “a bird in the hand…

June 10, 2019

Sub-divide and ruled / Duet housing

Most people interested in properties and specifically property developments are probably aware that the City of Cape Town (and certainly other local authorities) nowadays allow a second residence to be built on a single residential…

May 14, 2019

What to look out for before buying a property

You’ve searched far and wide for the perfect home for you and your family, and you’ve finally found it, or so you thought. Buying a home, especially for the first time, is as overwhelming as…

May 2, 2019

Why a Fidelity Fund Certificate is important for you and your estate agent

“I’ve finally received my qualification to practise as an estate agent, but am still waiting for my Fidelity Fund Certificate. Some people say I can start practising as an estate agent as long as I’ve…

April 10, 2019

Predicted change is here

Herschel Jawitz, CEO of Jawitz Properties, Chris Renecle, MD of Renprop and Dr. Andrew Golding, chief executive of the Pam Golding Property group, do all agree that the residential market is in for an interesting time…

January 31, 2019

Residential market in for an interesting time

Berry Everitt, CEO, Chas Everitt International property group South Africa’s residential market is in for an interesting time in 2019, but our predictions for the year are all positive, and we believe that home buyers…

January 21, 2019

BUYING PROPERTY THIS FESTIVE SEASON? CHECK THE TITLE DEED FIRST!

“Don’t wait to buy land, buy land and wait” (Will Rogers) If you plan to buy property this Festive Season – perhaps your new dream house, or a holiday home, or an office…

December 4, 2018

Technology has revolutionised, not replaced estate agents

Ted Frazer, national marketing manager, Seeff Property Group The fast paced evolution of technology platforms which now provide buyers and sellers increased access to property information, and the emergence of new online platforms has forced…

November 29, 2018