Fatima Cassim

When it comes to selling a home, every property owner dreams of securing the best possible price. Unfortunately, one of the most common mistakes sellers make is setting the price too high. While it might seem like a good idea to “test the market,” overpricing can backfire, leaving a home stuck on the market for months, attracting little interest, and eventually forcing the seller to accept less than fair value.

Nestled along South Africa’s scenic Garden Route, Mossel Bay offers a unique blend of coastal charm, small-town warmth, and modern convenience. It’s no wonder this picturesque town has become one of the Western Cape’s most desirable property destinations. From luxury golf estates to tranquil eco-developments, Mossel Bay’s residential estates cater to a wide range of lifestyles, whether you’re a retiree looking for peace and quiet, a family seeking safety and schools, or an investor eyeing the town’s growth potential.

An estimated R1.78 quadrillion in wealth is predicted to change hands globally from Baby Boomers to younger generations in the next decade. Known as The Great Wealth Transfer, a majority of these estates will have a home that will change hands, and many inheritors, including adult children, will need to sell them. But as research suggests, these sellers may end up prioritising emotional return on investment (EROI) over price before making their next move and disrupting the transfer of wealth.