What are Estate Agencies?
A business that arranges the sale, renting, or management of homes, land, and buildings for their owners.
Best Estate Agencies In South Africa
RE/MAX of South Africa
Pam Golding Properties
Chas Everitt
Harcourts
Keller Williams
Just Property
How do I choose an estate agent in South Africa?
If the estate agent says they work for an estate agency, you can easily check whether their name is listed on the agency’s website or give the company a call.
You can even ask the agent for their Fidelity Fund Certificate (FFC) and give the PPRA a call on 087 285 3222 to verify this.
Who is the largest real estate developer in South Africa?
The largest property company in South Africa is Growthpoint Properties, which has a market capitalization of over R40 billion. Growthpoint is followed by Redefine Properties, which has a market cap of just over R30 billion.
What is the biggest real estate website in South Africa?
Property24.com ranked number 1 and is the most visited Real Estate website in South Africa in March 2023, followed by private property.co.za as the runner-up, and builders.co.za ranking at 3rd place as the leaders of the Real Estate websites in South Africa.
Who is the richest real estate developer in South Africa?
Sisa Ngebulana is the CEO of Rebosis Property Fund Limited, the first black-managed and substantially black-held property fund to be listed on the JSE.
He is also the Founder, Executive Chairperson, and sole owner of Billion Group Limited, a multi-billion rand property company.
How do estate agents get paid in South Africa?
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 in South Africa is 5% — 7.5%, but this can be negotiated.
Do estate agents make money in South Africa?
According to PayScale, the average yearly salary for a real estate agent in South Africa is R103,068. That works out to a little over R8500 per month. At the upper end of the scale, real estate agents can make as much as R40 000 each month.