Property Update 2018

April 2018

STEYN REALTY: PROPERTY UPDATE

What’s happening at Steyn Realty and in our Real Estate Market?

We are happy to announce that in 2018 we have seen an upward curve with regards to our Listings, Sales and Rentals. Our Showdays have been very well attended with anywhere from 10 to 20 couples visiting on a Sunday afternoon between 2 and 5pm (our normal show time). We have also sold many of our stock as a result of the show-day which means that we are attracting the serious buyers.

“List Right / Sell Quick” is a motto that we strive to achieve with every property we list. Listing at the right price, at the right time, with good quality photos, correct information and easy access to the property, is a recipe that works well for us. Some of our recent sales this year are perfect examples of this where we list a property, after detailed consultation with the Seller, and then get offers within days of listing. In some cases, we even have multiple buyers looking to make offers on the same property.

Below please find a list of properties, areas and price range that we have recently SOLD:

  1. Cedar View – Little Falls 3 Bed 2 bath simplex +/- R 1 000 000
  2. Poortview Villas – Amorosa 3 Bed 2.5 Bath duplex+/- R 1 600 000
  3. Oregon – Wilgeheuwel 3 Bed 2.5 Bath duplex+/- R 1 400 000
  4. Luderitz – Radiokop 3 Bed 2 Bath simplex+/- R 1 200 000
  5. Minitum Str – Wilgeheuwel 3 Bed 2 Bath family house+/- R 1 600 000
  6. Charleston – Wilgeheuwel 2 Bed 2 Bath simplex+/- R840 000
  7. Carona – Wilgeheuwel 2 Bed 2 Bath simplex+/- R840 000
  8. ST Martin – Honeydew Manor 3 Bed 2 Bath – reserved for +/- R 1 145 000

We also manage a rental portfolio of just over 30 properties in areas including Radiokop, Allen’s Nek, Wilgeheuwel, Honeydew Manor etc. Our monthly management fee is 7% of the rent and we also do placements only at a once-off fee.

In many cases we also assist Sellers and Landlords to get their properties sales/rent ready by using some of our contractors to do basic maintenance work such as painting plumbing and electrical where needed to get the property in a presentable condition. If you need any work done on any of your properties, we would gladly send you details of some contractors who can assist with anything from building, painting, electrical, plumbing and or gas work.

Although we keep a database of buyers and sellers that we contact on a regular basis, we find that most of our Sellers come from “Word-of-Mouth” referrals as well as social media advertising. Our buyers mostly contact us though the internet or through social media platforms where we share all our stock and relevant industry info on a daily basis.

If you would like to follow us on any of our social media platforms please look for us on Facebook, Instagram and Twitter (@steynrealty), you can also follow us (Marnus & Juanita) on similar platforms. We also use these platforms to interact with our clients for when they have questions or queries that we may be able to assist with so please do not hesitate to use these accounts to get in contact with us.

Our website www.steynrealty.co.za has also grown to include all the necessary costs and affordability calculators that you might need. Bond Repayment as well as Transfer and Bond Registration costs are very important when you are planning to buy property.

In the market where we are most active, Sectional Title Townhouses around the
R 850 000 to R 1 600 000 bracket, we find that buyers can apply for, and in some cases get 100% bonds approved. It is however better to include a deposit of 5% to 10% of the purchase price in the offer if you can as this will make your application so much stronger and will result in a better repayment rate.

On 28 March 2018 the SA Reserve Bank dropped the interest rate and subsequently the Prime Lending Rate by 25 basis points from 10.25% to 10.00%. This is positive for the industry but Sellers have to be very careful of overpricing their properties. Buyers have enough information at their fingertips to spot an overpriced property from a mile away. To make sure that you have a good chance of selling, you have to get a professional “market related” assessment done by an experienced agent who is active in your area.

The SA Reserve Bank Monetary Policy Committee meeting dates for the rest of the year are as follows: 22 – 24 May; 17 – 19 July; 18 – 20 September; 20 – 22 November

 Some Tips for Sellers

  1. Remember to give the bank notice that you are selling to avoid any penalty interest.
  2. Make sure your property is in a presentable condition, fix all the small things that buyers will see.
  3. Everything must be in a working condition.
  4. Make the property available. Buyers won’t buy if they can’t see the property. Make sure the property is accessible.
  5. Make sure the garden is neat.
  6. Unclutter the house. This a good time to spring-clean. Get rid of everything that clutters the house …. less is more.
  7. Once listed, make sure you have a look at the photos, specifications and descriptions on the various websites. Is your property presented at its best to the buyers out in the market?
  8. Have the monthly expenses relating to the property ready and available for buyers to see …. levies, security, rates & taxes, water & electricity usage etc.

Thank you for reading through our monthly update letter, hopefully you will find something of value. Please let us know if there is anything specific you need more information on. You can email to marnus@steynrealty.co.za or juanita@steynrealty.co.za.

Some of our current stock

We are always looking for new stock and would like if you could share our information with your friends & family that might need our assistance now or in the future …

“YOUR SALE IS OUR GOAL”

Regards, Marnus & Juanita

072 264 7806 / 083 604 1231 …. if you want to sell quickly and easy.

Stock – Some of our latest listings …

We focus predominantly on property sales and rentals in areas from Sterkfontein / Pinehaven side, along Hendrik Potgieter towards Clearwater Mall and Wilgeheuwel Hospital.

we can help 6.jpg

what we do …. @steynrealty

We have recently sold some of our stock and we urgently need new rental and sales stock for our buyers. Here are some of our current stock:

For Sale:

  1. Windsor West – R 690 000 – CLICK HERE
  2. Wilgeheuwel – R 899 000 – CLICK HERE
  3. Wilgeheuwel – R 935 000 – CLICK HERE
  4. Wilgeheuwel – R 950 000 – CLICK HERE
  5. Wilgeheuwel – R 1 125 000 – CLICK HERE
  6. Allen’s Nek – R 1 500 000 – CLICK HERE
  7. Little Falls – R 1 599 000 – CLICK HERE – House
  8. Wilgeheuwel – R 1 645 000 – CLICK HERE – House
  9. Honeyhill – R 1 700 000 – CLICK HERE – House
  10. Ruimsig – Smallholding – R 4 650 000 – CLICK HERE

To Let:

Our rentals are done through the TPN Rentbook system and all our applications are subject to a full credit approval process, employment verification and affordability screening. All of our properties are currently occupied but we get new stock in on a monthly basis. If you are not happy with way your rental portfolio is managed, we can also take it over.

Here is one 3 bedroom and one 2 bedroom unit we have available from 1 May …

  1. Wilgeheuwel – R 5500pm – CLICK HERE
  2. Wilgeheuwel – R 9 250pm – CLICK HERE

For more details on any of our services, please call, whatsapp, sms, email, tweet, facebook message …. we will get back to you.

Hope you have a great weekend.

M&J  …… http://www.steynrealty.co.za …… @steynrealty

New-Look Blog

What do you think? Changed the theme for my blog ….. new and fresh. Although I share some personal info on my blog, it is mostly there to promote my profession and my business as a Business Owner & Real Estate Agent with Steyn Realty in Roodepoort, on the Westrand of Gauteng, Johannesburg, South Africa.

As part of all the marketing we do, blogging isn’t always that easy to “get to” but still a very effective marketing tool. Our marketing consists of the following:

  1. Boards & Dustbins – For Sale – To Let – Sold – Area Agent – Area Specialist – On Show etc …. extremely effective as many buyers, sellers, tenants & landlords drive around in the areas where the want to buy sell or rent and if they spot your details on a board you might get some business.
  2. Website portals – the main websites to advertise our property listings on are Property24 and Private Property. Other sites such as Myproperty, Entegral, IOL as well as our own website are also useful for lead generation. I must say, Entegral is doing a great job assisting estate agencies with real good-looking and user-friendly websites (not expensive) and easy to manage.
  3. Social media … need I say more. We have to be on them all … Twitter, Instagram, Facebook, LinkedIn …. and blogging of course. To follow all our profiles just click on the Social Networking on the home page and click to follow. We love engaging with our followers and answering any property / real estate related questions you might have.
  4. Networking ….. everywhere we go, we network, give out cards, chat to people take numbers and stay in touch as far as possible.

We are always looking for stock, Houses, Townhouses, Clusters, Flats, Estate Houses, Plots, Vacant Land, Farms or any real estate in the areas where we work ….. and we love selling. All our stock can be viewed in detail on http://www.steynrealty.co.za

Our areas where we work stretch from Sterkfontein / Krugersdorp in the West (we refer many buyers and sellers to an agency called RealPro who specializes in assisting buyers, sellers, landlords and tenants in that area). Pinehaven, Featherbrooke, Home Haven in the West all along Hendrik Potgieter towards Ruimsig, Amorosa, up the hill towards Helderkruin, Kloofendal etc. Around Clearwater Mall, Wilgeheuwel, Strubensvallei, Little Falls, Radiokop, Allen’s Nek towards Wilgeheuwel Hospital.

We do a lot of Sectional Title sales and Rentals although the last couple of months towards the end of 2016 and the start of 2017 we have assisted some more sellers, selling their Houses in the area.

If you or anyone you know are looking to buy, sell or rent out their property, we would love to assist. We can assist with free, market related valuations for selling or rental purposes. We advertise on all major websites and social media as explained above. We screen all our tenants through the TPN Credit Bureau and we also make use of the TPN Rentbook system to manage and invoice our tenants.

For more info on your own affordability and credit profile for buying property, please contact Sanette Payne of Payneless Bonds on 087 151 4712 / 011 662 2396 or email sanette@paynelessbonds.co.zahttp://www.paynelessbonds.co.za

For any legal queries regarding the transfer process, costs & fees or any legal issues regarding the transfer and registration of Properties, please contact Jolandie Pieterse at Truter Crous & Wiggill Attorneys on 011 692 1640 or email jpieterse@tcw-rftn.co.zahttp://www.tcw-rftn.co.za

Thank you for reading this post, and remember, we love selling and we would love to assist you in the future.

Marnus – 072 264 7806 – marnus@steynrealty.co.za
Juanita – 083 604 1231 – juanita@steynrealty.co.za

Where is TIME going …?

August 2016 …. 5 months into our own business and more than 11 years in the Real Estate Industry and here we are …. still going “strong”.

PROPERTY

During the last 5 months we have done a fair amount of transactions ranging from R 2 000 000 to R 500 000 but we need more, much more. We pride ourselves on being pro-active when it comes to marketing and advertising of our stock, technology and the quality of our service, feedback, knowledge and professionalism.

Buying or Selling property is a massive decision and we take it very seriously. We have the necessary knowledge and experience in selling residential homes / clusters as well as sectional title townhouses and apartments to make sure that our clients are in good hands and get the right advice. We also offer rental procurement and management services where we offer a complete service through the TPN Rentbook and TPN Credit Bureau systems.

We get enquiries for sales and rental stock on a daily basis and we need more stock to show our buyers and tenants.

If you are at all looking to SELL or LET OUT your property, please give us a call or an email so we can assist. We cover quite a large area from Pinehaven in the West all the way along Hendrik Potgieter up to the Wilgeheuwel Hospital area in Radiokop. We are also looking for properties in Helderkruin, Kloofendal, Constantia Kloof and Weltevreden Park.

We can be contacted as follows:

Marnus: 072 264 7806 / marnus@steynrealty.co.za
Juanita: 083 604 1231 / juanita@steynrealty.co.za
Our website is: http://www.steynrealty.co.za
We are also quite busy on social media where you are welcome to follow our tips / hints / latest stock and industry related news updates and info ….

For our Facebook page ……. Click here
For our Twitter feed ……. Click Here
You can even follow us on Instagram ….. @steynrealty

We would also love to hear your views and thoughts on the SA Real Estate industry so please interact and give us you opinion.

\WE CAN HELP