Christelle Van Den Berg

To the dismay of many South Africans, the MPC might be poised to deliver yet another interest rate hike at the upcoming meeting in May.

There are a number of costs to factor in when selling a property – many of which are payable upfront before transfer can occur. To avoid being caught short, sellers are advised to have adequate savings in place before placing their home on the market.

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.