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Home Garden DIY Tips

Ever get the itch to do a DIY home garden project? Whenever we do, our favorites involve getting outdoors and mixing up our landscaping features. You don’t have to spend hours making your garden look great.

Whether it’s as simple as installing some lighting or a little more time-consuming like re-plotting plants, a fresh look for the lawn always gives your home a fresh look as well. 

 

Here are our top five easy landscaping projects! 

 

Create a pathway

To guide you and visitors throughout your yard and link different areas together, install a pathway. You can use materials from a variety of materials, including reclaimed pallet wood, flagstones, gravel, and more to add texture and color.

 

Add a wall or border. 

Installing a flagstone, rock, or brick wall around flower beds or trees adds a sleek, clean look to your landscaping and helps separate different sections of your yard.

 

Install a water feature. 

Nothing says zen quite like the sound of trickling water as you relax in your backyard You can start simply by purchasing and installing a small feature powered by a solar panel or create a larger focal point in your yard by installing a waterfall wall or small pond.

 

Light your way

An easy way to transform your yard is to strategically use lighting. Place cool-colored to recreate a moonlight feel, use pathway lights to naturally guide the eye, or highlight objects or plants.

Plant upwards. Expand your yard space by drawing the eye to the sky with a trellis fence or screen made of wood or metal. Once you install your trellis, select your climbing plants and vines and get to planting! 

 

 

A summary guide to buying a house

A summary guide to buying a house.

 

The home-buying process may seem intimidating at first, but the path is clearly indicated, and there are expert advisors who can help you along the way. Here is a summary guide to buying your home.

 

Should you need assistance with buying your home, please call us. We have a large database of qualified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 or 072 441 8693

 

The first step is to ensure that one knows what they can afford, and the kind of home one wishes to purchase. The key indicators will be income(s) one earns from all sources and whether to buy alone or with a partner. Will one buy cash or need finance?

Once you have your requirements and affordability in mind, you can begin the house hunt. You can use an estate agent to make the search easier.

 

Then, once you’ve found your dream home, you’ll need to come to an agreement with the seller by signing an offer to purchase, and you’ll need to get access to finance from a lender, usually a bank, by applying for a home loan if you choose to get a bond.

 

The appointed Attorneys by the seller will process the transfer of the house to the buyer. The buyer will pay all necessary costs to the Attorney firm. This process usually takes a few months. Upon registration, the buyer can take possession of the property.




The home loan application process

The home loan application process.

When one buys property for the first time and applies for a home loan, one may be bound to be anxious and worried about the process. There are so many things to think about – what documents are needed, how long does it take, and in whose name should the home loan be? All of that can leave one feeling discouraged, but with the tips, we're about to share, one can be able to start the process with confidence.

 

Step 1 - Submit your application: 

Apply for a bond through a bank or bond originator. Such institutions will need a few documents to assess the affordability of the buyer, such as bank statements, ID copies, payslips, etc.

 

Step 2 - Approval in principle: 

Once the application has been assessed, you will receive approval in principle, subject to valuation. This means the bank will approve the application after they visit the property and conduct a proper valuation.

 

Step 3 - Property valuation: 

The bank evaluates the property to determine its true worth. This is done by a bank representative and finance manager.

 

Step 4 - Loan is approved: 

Once approved you receive a quotation showing the approved home loan amount, interest rate, and key terms and conditions.

 

Step 5 - Bond registration: 

Once the quote has been accepted and signed by the buyer(s), the bank will formally grant the loan and instruct the bond attorney to register the bond.

 

Should you need assistance with buying your home, please call us. We have a large database of qualified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 or 072 441 8693

What Is a Mandate?

What Is a Mandate?

A mandate is a contract under which a property owner (as principal) authorizes a real estate broker (as agent) to find a buyer for the property on the owner's terms, for which service the owner pays a commission. A mandate is an agreement between a Seller and the Estate Agent(s) regarding the marketing of a property, the agreement duration, and obligations for both parties.

  • In real estate, a listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property.
  • The four types of real estate mandates are sole, sole & exclusive, multi-listing, open/dual mandate. 
  • A mandate is an employment contract rather than a real estate contract: The broker is hired to represent the seller.

The mandate also specifies the listing price, agent's duties, seller's duties, agent's commission, terms for mediation, an automatic termination date, and any additional terms and conditions.

 While listing agreements are legally binding, it's possible to terminate the contract in certain situations—for example, if the broker does nothing to market the property. Besides, the listing agreement will be terminated if the property is destroyed (e.g., by a fire or natural disaster), or upon the death, bankruptcy, or insanity of either the broker or seller.

Types of Listing Agreements

Sole mandate

 

A sole mandate is when one Estate Agent has exclusive rights to sell your house within a specific period, usually three months. The agent would be entitled to a commission regardless of who sourced the buyer, although it is usually the agent. This is the best type of mandate as it provides for a single agent focus and avoids double commission risks

 

Sole and Exclusive Mandate

Nobody (including the seller), except for the estate agent holding the sole and exclusive mandate, is allowed to market the property before the expiry of the determined period of the mandate. This means that should anyone other than the mandated estate agent sells the property, the seller will still have to pay commission to that estate agent.

The estate agent is still entitled to his commission if he introduced a buyer to the property during the mandated period, and this buyer only purchases the property after the expiry of the mandate.

 

Multi-listing mandate

 

A multi-listing mandate is when Agents from different agencies have the right to sell your property. After a sale, the Agent’s commission is split between all listing agencies involved. Usually, the agent who sources the buyer will be entitled to commission. Since multiple agencies are working on the property, it is unlikely to receive the focused attention that a single agent would provide.

 

Open/dual mandate

 

An open mandate means that the property is on the books of more than one Estate Agent, and each Agency has the right to sell the property, without being required to share the commission.

Many different estate agents can have the mandate to market your property, meaning that one estate agent cannot claim to have the sole right to market it.

 

Should you need assistance with selling your home, please call us. We have a large database of qualified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 or 072 4418693

 

The benefits of getting a professional real estate agent to sell your home

The benefits of getting a professional real estate agent to sell your home 

 

A home sale is likely to be the largest financial transaction you undertake in your capacity. With so much at stake, selling your home is understandably intimidating and stressful. Firstly, you need to identify why you are selling and what you want to achieve from the sale. Is it to upgrade, downscale, or for financial reasons? This will help you understand your time frames and how negotiable you are.

  • You might be tempted to avoid a real estate agent, save the commission, and just sell your home yourself.
  • While tempting, in most cases the risks of going it alone are higher than the benefits.
  • Risks include having few potential buyers (let alone qualified buyers), making emotional decisions, not knowing how to negotiate properly, and not having enough free time to dedicate to finding a buyer.
  • One of the biggest risks is not having the experience or expertise to navigate all of the legal and regulatory requirements that come with selling a home.

Real Estate Is a Full-Time Job 

Selling is a skill and selling property is a highly specialized skill. There are a lot of details, activities, and tasks that one should be aware of when selling a property. This includes marketing, negotiating, regulation, and access to resources to help you during the transaction.

It’s better to use a real estate agent than to try to sell your home yourself if you don’t understand these processes and procedures.

Agents Have Access to Large Networks

Real Estate agents have relationships with clients, other agents, and companies to bring the largest pool of potential buyers to your home. A smaller pool of potential buyers means less demand for your property, which can translate into waiting longer to sell your home and possibly not getting as much money as your house is worth.

Weeding Out Unqualified Buyers

Agents are trained to ask qualifying questions to determine the seriousness, qualification, and motivation of a potential buyer. Sometimes, showing your home to strangers can pose a security risk, most agents verify their clients’ personal information before showing them properties.

They are familiar with local customs or market conditions. Agents know the pulse of the market and what’s driving demand, which gives them an advantage by knowing what terms are worth negotiating for and which are worth letting the other party win.

Price Negotiations Take Skill 

Selling your home is typically an emotional process. Having an agent keeps you one step removed and makes you less likely to make silly mistakes, such as overpricing your home, refusing to counter a low offer because you’re offended, or giving in too easily when you have a deadline for selling.

Exposure to Legal Risks

A buyer who wants to buy your property will have to sign an offer to purchase. Once the document is signed by both buyer and seller it becomes a legally binding sales agreement.

The process of selling a house privately does introduce a few complications. One also needs to familiarise themselves with the clauses on the offer-to-purchase. The legal process of transferring the property from you to the buyer requires the participation of lawyers and the Deeds Office.

The seller has the right to appoint a Transfer Attorney to attend to the registration process. But such attorney firms may not advise on the purchase price, refer qualified clients or market the property. 

 

Should you need assistance with selling your home, please call us. We have a large database of qualified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 or 072 441 8693 







All the Q & A about estate agents’ commission

All the Q & A about estate agents’ commission

 

With countless property websites out there, many people are opting to privately sell their homes, thinking that the property will sell itself, and ultimately, avoid paying a real estate agent commission. However, what many sellers do not understand; is exactly what an agent will do to sell their property and why going the agent route will result in a more efficient sale process.

An agent’s commission is based on a percentage of the property’s selling price. Therefore, when a property is sold at less than the asking price, the agent’s commission is automatically reduced. 

What do estate agents do to earn their commission?

Other than helping the Seller and the buyer sign the Offer-to-Purchase, the agent comes equipped with the following non-tangible assets.

  1. The contacts

When a Seller employs an agent and agrees to a professional fee, they are tapping into years of experience and a large database of buyers that the agent has invested time, experience, and money to establish. 

  1. Marketing your property

In return for the commission, the Seller gets an extensive marketing campaign for their property. Professional photos will be taken and posted on the agent’s company website, adverts will be placed in various newspapers, property websites, and magazines, which is very costly.

  1. Support

An estate agent should have the ability to offer the seller support and guidance through the whole sale process, which involves dealing with complex legal documents and timelines.

  1. Industry Know-how

The agent will know the prevailing market conditions and prices of similar properties in the area. Since the process of getting a buyer to getting the property registered can be long and overwhelming to the ordinary person, agents will be aware of any legal issues that may arise.

 

How much is the estate agent’s commission?

  • The estate agent is paid a commission by the seller of the home, which amounts to a percentage of the home sale.
  • The standard estate agent commission rate is 7.5%, but this can be negotiated. However, there is no regulation in South Africa as to how much commission an agent should be paid on a sale.
  • Estate agencies take a lot of risk onto themselves, as they invest a lot in marketing but are only paid if the home is sold.

Who pays it and when?

The responsibility for paying the estate agent commission falls on the seller of the home, not the buyer, as the ultimate purpose of the estate agent is to help the seller find a buyer.

In short, the commission is paid when;

  • all conditions stipulated in that contract have been met.
  • When the property is transferred into the buyer’s name.

 

Do you pay an estate agents commission if you don’t sell?

Since the fee is a percentage of the home sale, it is payable only once the home has been sold. The property also needs to be transferred, which usually takes around 3 months after the initial sale agreement has been signed.

 

Should you need assistance with selling your home, please call us. We have a large database of qualified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 / 072 442 8693 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

 

What Costs Are Involved In Selling A House?

What Costs Are Involved In Selling A House?

Knowing the costs involved in a property transaction will give sellers a far more accurate picture of what they can expect to get once the sale has been finalized. Being aware of the costs for which the seller is responsible will enable informed decisions throughout the process of selling a property.

Let’s review what sellers should expect to pay for:

 

 

  • Rates and taxes clearance certificate

 

The seller will be required to pay rates and taxes upfront, for a period as prescribed by the municipality, for a clearance certificate to be issued. This can vary from two to six months. This certificate will be required by the conveyancers before registration. If the property is registered within a shorter time frame, the seller will be able to apply for a refund from the municipality for the difference.

 

 

  • Bond cancellation fees 

 

This is paid to the Cancellation Attorneys for canceling the existing bond. The Cancellation Attorneys are appointed by the bank. Even if there is only one more repayment left on the bond account, a cancellation attorney will be used to cancel the bond. Most banks require a notice period of 90 days, which can be done in writing, to avoid further penalties.

 

 

  • Estate agent’s commission

 

 The estate agent is obviously there primarily to assist the seller, even if some of their work may benefit the buyer also. Estate agents usually cost about 5 to 7% of the purchase price in commission but are worth every penny when considering their expertise and ability to barter a higher price on your home.

 

 

  • Electrical Certificate of Compliance

 

Another cost that most sellers should be aware of is the Electrical Certificate of Compliance or ECOC, which according to the current legislation is only valid for a period of two years. If the seller has an ECOC that is older than this, or any electrical alterations have occurred during the two-year period, the seller will be required to obtain a new ECOC by enlisting the services of a certified electrician.

 

 

  • Capital Gains Tax

 

An individual is exempt from CGT on the sale of a primary residence (the home one physically occupies) where the gain/loss is not more than R2 million. If one sells a second or third property (which you don’t live), the seller will be liable to declare any capital gain to SARS and pay the tax on that gain.

 

These are the common costs of selling a property, however, they are by no means the only ones. There are special cases where more costs are incurred, for special types of properties and/or in certain areas only.  

 

Should you need assistance with buying or selling a home, please call us. We have a large database of prequalified clients waiting to buy a home. And we use the latest marketing strategies to sell your home in the shortest time possible. 

Call or WhatsApp 073 978 0568 or 072 441 8693

 

 





Careers

Social Media Intern

 

We are looking for an energetic and self-motivated marketing intern to join our growing marketing department. If you’re an ambitious individual who wants to build a career in social media and content marketing, then we want to work with you. Your work will include preparing promotional presentations, monitoring social platforms, and conducting market analysis.

 

In addition to being an excellent communicator, you should have excellent multitasking and organizational abilities. The successful candidate will also have in-depth knowledge of marketing techniques and social media platforms.

 

Social Media Intern Job Responsibilities:

  • Manages the company’s social media accounts and posts content.
  • Brainstorms campaign ideas.
  • Monitor various social media platforms such as Facebook, Instagram, and Twitter.
  • Analyzes analytics to gauge the success of campaigns.
  • Understands the overall concept of the company, including the brand, customer, product goals, and all other aspects of service.
  • Engages with customers or clients and provides service and/or sales.
  • Provide suggestions to management for improving customer experience on social platforms and internal processes.
  • Learns and becomes proficient in internal software systems.
  • Assists in creating performance reports.

 

Social Media Intern Qualifications / Skills:

  • Social media marketing
  • Online engagement
  • Verbal communication
  • Organization
  • Professionalism
  • Customer focus

 

Education, Experience, and Licensing Requirements:

  • Grade 12 or equivalent
  • Training will be provided.
  • Flexible working hours.

 

If you’re interested, please send your CV to This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it. .

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894/3 Main Road
Ebony Park
Midrand
1690
(+27) 073 978 0568

sales@moganediproperties.co.za

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