What is a seller's market?

Author
MyProperty
South Africa's #1 independent property portal

During this time there are more Buyers than houses because the demand for property is greater than the supply.

Seller Property News
Real estate on the runway in 2024
Market & Opinion
Real estate on the runway in 2024
24 Nov 2023
There will be two main keys to the anticipated revival of the South African real estate market next year, the first of which is a drop in the repo rate leading to lower mortgage rates, says Berry Everitt, CEO of the Chas Everitt International property group.
read more
What is affecting selling prices in the current buyer’s market?
Market & Opinion
What is affecting selling prices in the current buyer’s market?
21 Nov 2023
According to the Seeff Property Group, several factors can impact the selling prices of properties in a buyer's market. Geographic trends for example may mean that some areas are still experiencing a shortage of stock and high buyer demand, but even in these areas buyers will still not overpay.
read more
Show day savvy, 5 things that will hook prospective buyers
Market & Opinion
Show day savvy, 5 things that will hook prospective buyers
17 Nov 2023
In a tough market with fewer buyers it is important to make the right impression as soon as the buyer enters the home. There is often no second chance, and it is important to get it right first time according to the Seeff Property Group.
read more
Getting back into the property market after an offer falls through
Market & Opinion
Getting back into the property market after an offer falls through
07 Nov 2023
The excitement is palpable as you await the call from your real estate agent. Months of searching have finally led you to what you believed was your dream home, and you eagerly placed an offer. You're hoping to hear that your offer has been accepted, but instead, you're met with disappointment as your real estate professional informs you that the seller has decided to accept another offer. What do you do next?
read more
Real Estate Tools
Get pre-qualified
Make offers with confidence knowing what you can afford. Then shop for the best home loan
Bond Calculator
Calculate the estimated repayments on a home loan and savings with extra payments