About Us

Sales

The entire process is managed from start to finish to achieve the best possible outcome in the shortest time frame.

Seller

• The assignment of a professional sales agent or negotiator.
• Free valuation service.
• CMA (Comparative Market Analysis): Properties that have been sold, are for sale, and have been withdrawn from the market in your area.
• Formulating and putting a marketing plan together.
• Marketing and advertising of your property on the SP Real Estate Brokers website, as well as placing your property on several other major property portals, will give your property the necessary exposure via the internet.
• Direct marketing efforts: sending your property to all investors and potential buyers in our database and mailing list, as well as via our property alerts and all social network links (Facebook, Twitter, and LinkedIn).
• Advertising in various print mediums (brochures, flyers, and newsletters).
• Placement of advertising boards on the property (for sale or sold)
• Hold on Show and Open House days for the duration of the mandate or marketing campaign.
• Weekly reports and feedback on the sales activity at your property.
• A competitive commission structure is offered on a sliding scale depending on each client's requirements and needs.
• Pre-qualifying clients for affordability (NCA).
• All negotiations with regard to an offer to purchase post-CPA.
• Arranging finance for potential buyers via SP Real Estate Brokers bond originators.
• Feedback with regards to the sales process, i.e., transferring and bond attorneys.

Valuations

• We offer this service to anyone who is looking to sell their home. Please feel free to contact us in this regard, and one of our agents from SP Real Estate Brokers will assist you in compiling a CMA, or comparative market analysis.
• CMA is conducted through the collection of property information on current, past, or withdrawn properties for sale in the marketplace, area-specific.

Buyer

• The assignment of a professional sales agent or negotiator.
• Consultation of the specific needs of the client in finding the correct property or investment.
• Informing the potential buyer of the sales process.
• Pre-qualifying clients through our bond originator: affordability, purchase price, repayments.
• A detailed list of the costs involved (bond and transferring attorney's fees, etc.).
• Showing properties within our portfolio and through our referral network.
• We keep you informed of new properties via property alerts, newsletters, and our website.
• Compiling, presentation, and negotiation of the offer to purchase.
• Arranging finance via SP Real Estate Brokers bond originators.
• Feedback with regards to the sales process, i.e., transferring and bond attorneys.

Rentals

Letting your property:

When renting your property, you, as the landlord or owner, have a couple of choices: either managed or unmanaged—an upfront/finder's fee whereby you take over the administration of the lease and the management of your property, or employing SP Real Estate Brokers to manage your property for you, or a combination of both.

Landlords

Managed Leases

• Marketing and advertising of your property on the SP Real Estate Brokers website, as well as placing your property on several other major property portals, will give your property the necessary exposure via the internet.
• Advertising in various print mediums (brochures, flyers, and newsletters).
• Direct marketing efforts include sending your property to all investors and potential buyers on our database and mailing list, as well as via our property alerts and all social network links (Facebook, Twitter, and LinkedIn).
• The placement of advertising boards on the property: To Let or Let By.
• The vetting of clients via TPN, Experian, and ITC.
• Reference checks are done by contacting previous landlords.
• Income and expenditure analysis for affordability (NCA).
• Collection of the first-month rental plus deposit and all other fees.
• Compiling a lease agreement.
• Paying levies and all utility bills on behalf of the landlord, if required.
• Sorting out all damages and problems and getting quotes on behalf of the landlord for approval if required.
• Paying rental money and services into the landlord's relevant account—billing history of the account.
• Legal instruction with regards to defaulting tenant(s) and tenant replacement, if required.

Unmanaged Leases

• Marketing and advertising of your property on the SP Real Estate Brokers website as well as placing your property on several other major property portals to give your property the necessary exposure via the internet.
• Advertising in various print mediums (Argus, Cape ads, Cape Times, magazines, brochures, flyers, and newsletters).
• Direct marketing efforts: sending your property to all investors and potential buyers in our database and mailing list, as well as via our property alerts and all social network links (Facebook, Twitter, and LinkedIn).
• The placement of advertising boards on the property: To Let or Let By.
• The vetting of clients via TPN, Experian, and ITC.
• Reference checks will be done by contacting previous landlords.
• Income and expenditure analysis for affordability (NCA).
• Collection of first-month rental, deposit, and all other fees.
• Compiling a lease agreement.

Tenant

• The personal service of a professional agent /negotiator.
• Informing and going through the rental process.
• Pre-qualification process - affordability, rental price, repayments.
• A detailed list of the costs involved - lease, admin, deposit and rental fees.
• The showing of properties within our portfolio and through our referral network.
• Application process.

Terms and conditions of a lease agreement:

In terms of the Rental Housing Act, a lease must contain the following minimum information:

• The landlord's name and address.
• The tenant's name and address.
• A description of the property, e.g., its address.
• How much rent the tenant must pay and details of any escalation (increases in rent).
• Any other money that the tenant must pay.
• When the rent must be paid, it is usually at the beginning of each calendar month.
• The period of the lease: if there is no specific period, the lease must state how much notice must be given to end it.
• The landlord's and tenant's obligations towards each other.
• A list of existing defects to the property.
• Any house rules that the tenant will have to obey and a list of furniture and fittings (if the property is being let as a furnished unit).

Inspections

Property Inspection: Pre- and Post-Rental:

• Before moving into a rental property, both the landlord or duly authorized representative and the tenant must inspect the property and compile a list of defects that must be attached to the lease.
• When the tenant moves out, the property must be inspected again to establish if the tenant caused any damage. This inspection should occur three days before the tenant moves out. If the tenant does not agree, the landlord must do such an inspection within seven days after the tenant leaves the premises. If the inspection does not reveal any damage that is attributable to the tenant, and provided that the tenant returns the keys, the landlord must refund the full deposit plus interest within seven days.
• The inspection shows that the tenant did cause damage. The landlord may pay for the necessary repairs and replacements out of the deposit and must refund the balance plus interest within fourteen days. The relevant receipts, which indicate the cost of repairs, must be presented to the tenant should he or she request them.
• In the event that the tenant owes any money to the landlord, the landlord is entitled to deduct it from the deposit before refunding it. Furthermore, if a tenant vacates the property before the lease expires and does not give sufficient notice, the landlord is entitled to retain the deposit for damages or loss of income.