Seeff Middelburg

04/06/2014

Seeff awarded its highest achieving licensees for 2013 during a glittering ceremony held at the Arabella Hotel and Spa, Hermanus.

04/06/2014

Seeff awarded its highest achieving licensees for 2013 during a glittering ceremony held at the Arabella Hotel and Spa, Hermanus.

"We congratulate the following individuals for exceptional service and outstanding results. Well done to each and all of you." - Samuel Seeff

24/04/2014

21/02/2014

The recent hike in interest rates will inevitably have an impact on affordability and for the average Joe this naturally means thinking twice before purchasing property.

In light of this, Steve van Wyk, Seeff Licensee in Centurion, says sellers really have to try and put themselves in the shoes of prospective buyers and also may have to consider revisiting their asking prices, especially if a property has been on the market for a while.

"Owners who have invested a lot of hard work and blood, sweat and tears in their properties sometimes get a bit over enthusiastic about their asking prices when deciding to sell, but it is important to note that the only person who really decides what the property is worth in the end is the purchaser.

Prospective purchasers today are very clued up regarding prices and they do comprehensive research, visit many show houses and have access to various websites. No purchaser will pay more for a property then what it is worth.

Marketing a property for too long may cause purchasers to lose interest or even convince them that it has some serious flaws or irreparable problems. This could then result in it being sold at a price far below the market value eventually.

Factors like the neighborhood, the amount of properties on the market in your area at the moment and average house prices will also impact on the amount you wish to sell your property for".

Van Wyk concludes that the most important thing when determining your selling price is to get a proper valuation done and to speak to an experienced estate agent. "Key is to price your property right from day one if you wish to sell it quickly and at a fair price".

14/02/2014

11/02/2014

In celebration of our big 50th, we thought we'd share this snap shot of the "Seeff Times" which goes way back into time!

You will also notice the article on Neil Armstrong and Edwin Aldrin, who at the time had survived the most perilous phase of their epic journey to the moon and were preparing to return home, to earth! What AWESOME memories!!!

You can click on the following link to view a version that allows you to zoom in on the press clipping: https://drive.google.com/file/d/0B62yciEib9I5clJWaGFzNnYzdXc/edit?usp=sharing

11/02/2014

Our latest Newsletter is out filled with our most beautiful properties, and advice for buyers as well as sellers. Enjoy!

Please click on the following link to view: http://www.seeff.com/newsletters/february_2014/index.html

03/02/2014

Hike in interest rate disappointing for housing market, says Seeff

Seeff chairman, Samuel Seeff has reacted with shock and disappointment to the announcement by the Reserve Bank’s Monetary Policy Committee to increase the repo rate by 50-basis points to 5,5%, effective from the 30th January.

For the first time in five years, we have seen more balance in the housing market with buoyant demand and increased sales volumes in the major metropolitan areas. This hike is premature and is not related to the excessive demand in the market, he says. It is unlikely to make a real difference other than to cool the economy and impact on the current positive sentiment in the housing market.

We would have liked to have seen an attempt on the part of the Reserve Bank to stave off a rate hike in the short-term given that stability is vital right now, he adds. This decision is likely to have an unexpected effect on the psyche of the buyer and is sending the wrong message to the buying public.

Sentiment is a vital driver of the economy and property market and we have therefore encouraged stability. As we have seen over the past year, positive sentiment has driven more demand and more balance in the market. This announcement could not have come at a more inopportune time, he adds.

The rate hike effectively reverses the 50-point reduction of July 2012 with little real financial impact as it takes bond repayments back to the pre-July 2012 levels. Based on a bond rate of 8,5% and a 20-year repayment period, a home owner with a bond of about R800,000 would see his/her repayment increase by R255 per month from around R6,934 per month to R7,189.

The real drag on the market remains the tight mortgage lending criteria despite the fact that even with the rate hike, mortgages are still more affordable than ever. Given that about 90% of all home buyers require some form of financial assistance, we would once again call for more relaxation of the stringent lending criteria. Measures such as a longer repayment period for first time buyers and access to finance for self-employed and small business owners in view of the rise in this sector of the economy, could have a real effect, he says.

Right now, there are buyers aplenty, but sellers will need to revisit their prices if their property has been on the market for a while. Given the favourable buying conditions though, this would mean that sellers could in turn take the opportunity to upgrade to a bigger house or better neighbourhood.

29/01/2014

Don't forget to send us any photos you have of a property you or someone you know of bought or sold through Seeff in the year 1964! We'll be posting these photos on our page as part of our 50th Birthday Celebration!

15/01/2014

Good luck to everyone starting the back to school run today, may this be a blessed year for everyone!