This show aims to discus all things real estate and to educate Africans about property and property related services. Support this podcast: https://anchor.fm/the-property-show/support
These are some of the general principles that Wendy coaches & trains Top producing real estate agents helps separate them from the rest.
Always Keep the Marketing Department Open
It’s the very rare real estate agent that consistently & proactively, generates leads for new business for even 1 or 2 hours per day.
But it is this small percentage of agents that earn the vast majority of all real estate commissions.
Aim to beat the 80 / 20 Pareto Principle that states 20% of your agents do 80% of the business
Avoid the real estate roller coaster by generating leads daily.
High-volume agents don’t just service existing business and then panic & start lead generating once they have closed the majority of their transactions.
Instead, they block time to do something each business day that gets them closer to earning a new client.
In a nutshell, there are 3 ways to be successful in real estate:
By Default: live in the same area for years where everyone knows you and eventually sends you business; or
By Design: time-block a relatively small portion of each business day to proactively generate new leads
or employ a dedicated canvasser.
Wendy Machanik is an established expert in her respective fields.
Wendy personally sold over R2.4 billion worth of property as a Real Estate agent
Wendy has created a high impact, one day workshop for both beginner and veteran Real Estate agents that is guaranteed to blow you away and equip you with skills you have only dreamed about.
For more information contact SuperStart Strategies
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South African Government is actively involved in the property sector, having provided more than 4 million houses since 1994.This sector in our country is valued at approximately 7 trillion rands, with the subsidized sector being valued at 1.5 trillion rands. However, less than 5% of the sector is owned or managed by Black people and Africans in particular.
Source: MoneyWeb
Africa Business radio (ABR) is actively involved in Broadcasting property education via its
property show slot.
. Gaven has created a technology to teach 3,125 jobless youth (5Mentors25coaches25students) to provide
property services in 9 provinces (especially townships) to clients & businesses. Merriam-Webster dictionary defines Technology as the practical application of knowledge, especially in a particular area. Property related services; residential/commercial, sales/rentals, property/project/facilities management, sourcing stock for investors, Bonds & creative finance solutions i.e. installment of sale.
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On this episode, we draw some lessons from the life of one of South Africa's successful Real Estate Entrepreneur, Yusus Essa.
In his book, 'The Choppee Journey' Yusuf Essa affectionately known as Choppee illustrates that his journey from rags to riches can be yours as well.
From a humble beginning, Choppee displayed entrepreneurial tendencies; His Dad passed away when he was still young and that left Choppee with a hard decision, either to further his studies and be supported by his older brother or abandon school to join his mum in the family business.
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We started the show with Gaven and Wendy Mechanic discussing how to start a real estate business.
Zuni Mbebe and gaven further discuss the current transformations within South African real estate industry.
The 'One Learner - One Estate Agency' Youth Empowerment Brigade Programme is aimed at placing intern estate agents in the service of registered estate agency enterprises so that they may act under the supervision and control of a suitably qualified mentor as they take their journey from Intern Estate Agent to Professional Practitioner in Real Estate and finally Master Practitioner in Real Estate. This internship period is intended to equip intern estate agents with the required property market experiential learning while they obtain the necessary real estate qualifications to qualify as Property Practitioners.
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Gaven Malope and Wendy Mechanik discuss some of the advantages of working alone as an estate agent and also working in a group of agents. We concluded the show with our guest, Lucky Lucas Malekane on his journey to property development business.
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Dr F.S Nkhumeleni is the brain behind a Special group of property investors mainly made up of Doctors .started 6 companies pty ltd with 10 shareholders each totalling 60 investors .
They put the funds together to buy properties cash and rent them out. They currently have over 200 properties combined including individual properties . Mr Mashilo Pitjeng , The Chairman of the Property sector council committe. unanimous agreed with Dr Nkhumeleni that those who are on top of the ecosystem must send the lift down so that others might be empowered.
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Mr Henry Chitsulo highlgighted on various professional team involved in developing a property in South Africa. A property developer is the entrepreneur, the dreamer, the visionary, who puts the project together in concultation with his/her team.
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On today's show, Brandon went deeper on the South African Rental Act.
We were also joined in the studio by Mr Mashilo Pitjeng, he's the chairperson of the research committee of the Property Sector Charter Council of South Africa.
Mr Mashilo is Encouraging Black South African To Understand The Product Called 'Property', its uses, its meaning and the importance of having comprehensive education.
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Rui Marto discussing various case laws such as cohabitation agreement between unmarried partners. Janine De Jesus from KW Elite also joins the conversation.
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Today, Theo from Marto Lafitte joins Gaven Malope and Jonathan on the show. We discuss the roles of bond attorneys, transferring attorneys and cancellation attorneys.
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Conveyancing is the legal process whereby ownership in immovable South African property is transferred from one party to another and related aspects such as the registration of mortgage bonds and real rights in respect of immovable property.
Wendy Machanik took us through Nedbank distress property structure.
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The Seller chooses the conveyancer who will transfer the property. The conveyancer works towards the positive goal of transferring the property. The conveyancer will represent both parties to reach this goal. If the parties become involved in a dispute however the transferring conveyancer will represent the Seller.
When buying or selling a house ownership of the property’s title deed needs to change hands. This is called the conveyancing process – here is an outline of that process when buying or selling a house in South Africa.
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Many people still think that if they live together with a partner (whether opposite or same sex) for a certain amount of time they will automatically have rights against that person under a “common law marriage”. This is not true. If your relationship breaks down and you were not married to that person, your claims against them will be more limited than those of a married couple. However, in the case of join onwership of properties, its more complicated than it looks
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For distressed property, Absa HelpUSell helps our customers who are financially distressed or are under debt counselling to sell their property and improve their overall debt exposure. You can reduce excessive rates, and achieve a quick sale.
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Gaven Molope Discusses recent court cases on property law with Rui Marto and Theo Kleinhans. Also welcoming A renown speaker and property investor Leroy Slava inspired by Rich Dad poor Dad, teachings.
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This is the final episode on our series on Foreclosure or Bank Repossession, right of execution according to the South Africa's National Credit Act.
Gaven Malope
Wendy Machanik
Brandon
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Gaven Malope
Wendy Mechanik
Brandon
Wendy discussing Standard Bank easy sell product offer to distressed owners , to avoid financial indebtedness and Brandon explaining default judgement in our foreclosure series when owners don't approach the banks to sought financial relief.
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As always, our Dr Brandon unpacked the "Foreclosure or Repossession Process" by elaborating on the contents of the combined summons or notice in motion documents.
Our guru, Wendy Machanik, together with our new addition to the team, Temba Xakaza asked the Dr interesting question.
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We continue with the process of foreclosure according to the South African Credit Act.
Gaven Malope
Rui Marto
Wendy Mechanik
Brandon
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The process of repossessing a property in South Africa is well spelt out in the National Credit Acts, here is what you need to know about the concept/process of 'Foreclosure'
Gaven Malope
Wendy Mechanic
Brandon
Rui Marto
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On this episode, we introduced a series on the concept of Foreclosure Section 129 of NCA, with a general overview of what it means.
Gaven Malope
Rui Marto
Brandon
Wendy Machanik
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Tuesday 19:00hr CAT www.africabusinessradio.com
Introducing the Show-Property Show
•To educate All South Africans about property and property related services
•The program is aimed at educating Africa from the ages of 16 Years and above
•We believe that in order to became a master property investor for a long lasting property ownership
•you need to understand all property related services
This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app
Support this podcast: https://anchor.fm/the-property-show/support
Gaven, Rui and Brandon discussed Suspensive conditions and "subject to" clauses in the offer to purchase.
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On today's Show, we follow through with specific clauses in the OTP, starting with Voestoots clause.
We deal with following:
1. What is the voestoots clause?
2. What are the consequences of including voetstoots clause in an OTP?
3. Difference between patent and latent defects?
4. Warranties vs Voetstoots clause
5. Agent’s duties
6. How does Consumer Protection Act affect operation of voetstoots clause.
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On today's show we spend more than half the time talking about administration of deceased estates according to the South African Law with Rui Marto. We also introduced a new series with Portia Tau Sekati (CEO, Property Charter South Africa) on property and construction as a career choice.
Lastly, Wendy Machanik gave us insight about the concept of sole mandate for estate engage
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We are talking winding up a deceased estate with Modiane Mapaya-tshenye and Also Enterprise development property fund represented by Nigel Adriaanse
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As the new year begins, what are your goals in the short, medium and long term especially with regards to your income and your bond payments. Learn for expert in the business
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Gaven Malope hosted Wendy Machanik in the studio, Wendy comes with over 40 years industry experience as an estate agent, she is a guru, mentor and a coach.
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Cereal overview on wealth creation with specific focus on property investment.
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We tackled two questions on today's show; first we look at the differences between transfer fee and transfer duty.
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We explore the advantages and the disadvantages of having a trust, we also went further into purchasing an RDP house, the steps and the dynamics.
Lastly we unpack the corporate social initiative by NYT properties and Africa Business Radio to recruit, train, mentor and empower people to take advantage of the opportunities available within the real estate sector in South Africa
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Support this podcast: https://anchor.fm/the-property-show/support
Tuesday 19:00hr CAT www.africabusinessradio.com
Introducing the Show-Property Show
•To educate All South Africans about property and property related services
•The program is aimed at educating Africa from the ages of 16 Years and above
•We believe that in order to became a master property investor for a long lasting property ownership
•you need to understand all property related services
This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app
Support this podcast: https://anchor.fm/the-property-show/support
Investment: invest in historically safe products, stock, gold etc , for the relevance of the show property
Speculate: buy below market properties, and then sell them for a profit.
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Support this podcast: https://anchor.fm/the-property-show/support
Lusanda Netshitenzae and Mr Gardner
This episode is sponsored by
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Support this podcast: https://anchor.fm/the-property-show/support
Tuesday 19:00hr CAT www.africabusinessradio.com
Introducing the Show-Property Show
•To educate All South Africans about property and property related services
•The program is aimed at educating Africa from the ages of 16 Years and above
•We believe that in order to became a master property investor for a long lasting property ownership
•you need to understand all property related services
This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app
Support this podcast: https://anchor.fm/the-property-show/support
Property Conveyance, Deeds and Othyer Legal Matters around Property.
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Mike Per- Take us through a process of a property to be repossessed.
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