Cedric Brewis

Selling your home yourself and keeping the commission in your pocket instead of paying it to an estate agent may sound like a good idea but you should be aware of the dangers before you decide on this approach.

Home sellers used to count on curb appeal to make a good first impression on potential buyers. Now, with more homebuyers starting their house hunt online, a home’s “picture appeal” is taking over as the top way to impress buyers.

According to an International Monetary Fund assessment, “the widespread use of cash in South Africa poses a high risk for money laundering and terrorist financing”. With that in mind, the Financial Action Task Force (FATF) issued a report in October 2021 requiring substantial legislative changes by November 2022 in order for South Africa to avoid being greylisted by the international watchdog.