Rental Management – the key to a good investment.

Property will always be an investment option – sometimes it’s up and sometimes it’s down, either way, the long-term investment potential is dependent on a few factors:

• the securing of a good investment
• the placement of a quality tenant
• the sustainable management of that property

When buying to rent, one must always remember that no matter how good an investment the purchase was, if it isn’t managed well, it will never be a good investment.

TPN recently published a report that showed a sustained consistency in rental payments over the last four financial quarters (2010-2011).  This is good news for owners as it means that, although the first quarter is typified by an increase in non-payments on rent, the percentage of good standing tenants (81%) remained the same from the second quarter 2010 through to the end of 2011’s first quarter.

Make the smart choice

When selling your home, there are many ways to go about it, but there are measures that one can take in order to ensure that you get the best deal; right from price through to overall experience.  As industry leaders in our area, we are confident that we can help you in this. 

Here’s how:

• We will help you prepare your home for showing
• Determine the right selling price to ensure that the home sells in the shortest time and for the best price
• Expose your home to potential buyers
• Qualify and screen buyers before exposing your home to them
• Help people make decisions by providing data and the opportunity to make comparisons
• Negotiate with professional integrity
• Arrange financing once the documentation has been signed, in order to speed up and not hinder the sales process
• Provide information regarding the area to out-of-town buyers
• Prove a track-record of sales transactions and marketing ability
• Make use of company's reputation to attract buyers
• Give feedback to you throughout the mandate period (click here to find out about sole mandates)
• Follow-up every potential buyer until we conclude a satisfactory agreement

You will find that too many estate agents offer tired and cliche benefits of using their services and then wonder why they were unsuccessful in securing the mandate.  We elevate ourselves above our competition to earn a sole mandate on the strength of promises fulfilled.  Rivigan Property Group is the smarter choice.

Buying to rent – what’s the best category?

TPN is a registered credit bureau that conducts ongoing research into consumer patterns and behaviours regarding debt repayment.  Rivigan Property Group works closely with this information in order to give the best advice to their clients and stay in touch with market trends.  

When considering the purchase of a property as a residential rental investment, the following information is extremely useful:

• The rental bracket of R3000 – R7000/m holds the best performance for rental payment with 84% of tenants in good standing
• The next rental bracket is R7000 – R12000/m with a performance of 82%
• Rentals for under R3000 and over R12000/m have the lowest performance at around 74.5% - almost 10% lower!

(figures at June 2011)

You need to plan and research your options in order to make the best property investment, so evaluate the long-term return of a property in a strong-performing market bracket.  The current trends in rent payment (as shown above) are a valuable guide to making this decision and will help you make a wise choice in property, as well as in your managing agent.

When dealing with a reputable and trusted agency, you are on the right track to sustaining a viable and profitable investment in your property.  If you want to buy a property to rent, let our agents know so that we can advise you accordingly.  Make the smart choice, choose Rivigan Property Group.

SOLD! Now what?

Congratulations! You have a happy buyer, but the process is far from over!  We want you to be fully ready and prepared for the steps that are common to every sale to make sure that you have no surprises.

Selling your house is a stressful process.  We work to reduce that stress by communicating with our clients throughout the deal because we value long-term relationships and want to invest in you, not only now but also for the future.  We strive to communicate as often and openly as possible, without compromise.  Rivigan Property Group have staff employed for the sole purpose of managing all the paperwork and dealing with the legal beagles so that you can relax!  

Once an offer to purchase is signed, the process continues as follows:

• You will receive a copy of the sales agreement from your agent
• Your agent sends another copy and instruction to the conveyance attorney on your behalf
• Your agent assists the buyer in obtaining the necessary finance (if applicable)
• Th bank will inspect the property for valuation
• Once your bond is granted the bank instructs bond attorneys to proceed with registration of the sale
• Your agent will assist with electrical wiring and borer beetle inspections, and certificates where applicable
• The conveyance attorney then requests title deeds and prepares documents for signature by both parties
• Your agent will ensure that the buyer's transfer costs have been placed with the conveyance attorney
• The conveyance attorney applies for cancellation requirements of your existing bond and transfer duty receipt from the deeds office
• The conveyance attorney applies for rate/levy clearance certificates from municipality or managing agents
• The conveyance attorney will request a guarantee from the bond registration attorney
• Finally, the conveyance attorney lodges all necessary documentation with the deeds office
• The sale will be registered into the buyer's name approximately 7 - 10 days after lodgement has taken place
• The conveyance attorney pays out the nett proceeds of sale to you

Phew, a process that is designed to ensure that you receive optimal service and the best deal for your home.  Make the smart choice and do it right the first time with the Rivigan Property Group.