Bennie Schoonraad

Open Realty / Property Practitioner
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Housing Affordability: How First-Time Buyers are Coping
Market & Opinion
Housing Affordability: How First-Time Buyers are Coping
09 Jul 2024
First-time homeownership remains a challenging goal for many South Africans, particularly the youth. Despite a brief period in 2020/21 when interest rates were cut to record lows, participation by young buyers, defined as those under 35 years old, has continued to decline steadily since 2010. This is according to insights from the latest FNB Estate Agents Survey that looks at understanding how first-time buyers are navigating a tight monetary policy environment.
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Avoiding Common Pitfalls: Why Sales Fall Through After Signing an Offer to Purchase
Market & Opinion
Avoiding Common Pitfalls: Why Sales Fall Through After Signing an Offer to Purchase
24 Apr 2024
When sellers sign an Offer to Purchase (OTP), they often believe that the sale is secure. However, the reality is that numerous factors can cause a sale to fall through even after the OTP has been signed. Understanding these pitfalls can help sellers navigate the process more effectively and ensure a successful transaction.
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Understanding the ins and outs of a property sales agreement
Legal
Understanding the ins and outs of a property sales agreement
19 Feb 2024
In the world of property transactions, one crucial document serves as the cornerstone of the entire process—the property sales agreement. While it may seem intimidating at first, understanding its significance is essential for both buyers and sellers. 
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Johannesburg and Pretoria offer considerable property value for family buyers
Market & Opinion
Johannesburg and Pretoria offer considerable property value for family buyers
29 Apr 2024
There are a number of suburbs in the Johannesburg and Pretoria areas which offer excellent value for family buyers. Good sized family homes, and access to good schools and amenities are usually a priority for family buyers
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