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The Modern Overseas Buyer 08 February 2010

With the retreat of the 'pre-crisis' speculator who bought for quick profitable resales; the new 'post-crisis' investor is emerging ... a new type of international real estate investor with a different mindset and goals.

One can expect the 'new' global investor to:

* Be informed and demand better service from the industry
* Not make decisions based on thin slices of information but demand openness and transparency
* Be skeptical of promises made by developers on their websites and brochures
* Be wary of pre-construction properties, preferring to purchase completed real estate with amenities they can enjoy right now.
* Want to understanding the financial health of the community before they invest
* Expect substantial discounts on the market highs of 2007
* To haggle, even when it comes to high-end properties
* To be drawn to real estate that is a bit low key
* To be interested in properties that generate revenue in the short term.
* To be motivated by lifestyle factors (not just financial gain)
* Focus on regions with a low cost of living, good health care and safe streets
* To avoid areas with over-supply risk and copy-cat developments
* To seek safe haven investments and tax friendly environments
* Be interested in contributions to larger concerns such as environmental preservation, the local community and sustainable approaches to building, water, and energy

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Last Updated ( 08 February 2010 ) Written by: Colin

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Greg

The Modern Overseas Buyer
Feb 08 2010 17:45:11

So true. Just as properties were purchased in countries like Thailand for families to stay over and holiday while execs from UK and US visited their factories in Vietnam, so to is it likely to happen in South Africa.

#180

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Jobless Whites Move Into Shacks Faster Than Blacks 08 December 2009

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Although whites remain South Africa's top income-earners, jobless whites are moving into shacks faster than any other race group. And, in another sign government efforts to provide formal housing for the voting masses have failed, the growth in the number of shack dwellers of all races continues to tick up.

These findings were released by the South African Institute of Race Relations, which this week slated black economic empowerment as a failure that was, in effect, encouraging whites to become more entrepreneurial and blacks more dependent on the state.

Whites still earned significantly more than other race groups in South Africa in 2008, according to the latest South Africa Survey, published by the SA Institute of Race Relations. The average per capita income in South Africa in 2008 was R32 559, while per capita income for whites was R135 707, it said.

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Last Updated ( 08 December 2009 ) Written by: administrator

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Does Africa have anything to teach the world? 12 May 2009

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africa Africa has many challenges, but I believe that Africa, and specifically South Africa, has a way of life and of managing relationships that may be of value to business people in other parts of of the world.

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Last Updated ( 06 December 2009 ) Written by: Web master

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Property on the coast proving popular for Brits 05 May 2009

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Castle_Wales Home movers in England and Wales are increasingly moving to the coast where property is more popular than ever.

Research from Halifax shows that seaside towns and coastal countryside have experienced the highest levels of net internal migration between 1997 and 2007.

Some 80% of local authorities experiencing a growth of incomers are located on the coast and it is London that has seen the biggest drop in internal migration.

'There have been significant population movements across England and Wales during recent years. Coastal areas have proved to be popular destinations for people to move to as many people have sought to take advantage of the benefits of living near the sea,' said Martin Ellis, Halifax economist.

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Last Updated ( 06 December 2009 ) Written by: administrator

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Handbook For Professionals 10 March 2009

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The release of Real Estate Agents Handbook … only for the Professional! breathes a breath of fresh air into the industry. An industry allows professionals to choose the level of professionalism understanding and knowledge they wish to achieve. This is a handbook to assist the property professionals systemise their business, for better control and service delivery.

Real Estate Agents Handbook … only for the Professional! provides straight forward, easy to read guidance to property professionals, offering a systematic and methodical approach to achieve predictable results. While most agents are reactive in meeting their needs, the book includes a tool for agents to track their results which is of enormous value to agents looking to be proactive in reaching their targets and goals.

The book was inspired by Colin Gorvett’s observation in his travels through America, Europe, United Arab Emirates and South Africa of the similarity of the way in which the estate agents deal with their clients and that despite regional differences the basic operational problems are common to all.

“Real Estate is one of the few professions that allow you the freedom to choose the level of professionalism understanding and knowledge you will achieve.” said Gorvett. “With freedom comes responsibility. The responsibility is therefore yours to make yourself the best that you can be.”

The book is available online as an eBook, at http://www.estate-agents-handbook.com , making it accessible to professionals around the globe. “The initial response has exceeded our expectations”

Readers comments:

“Simple step by step tested solutions to succeed”

“Excellent tool for Agents. Simple method but almost never used by most Agents.”

“Very easy to read and understand. This book is a must for my office.”

“Well set out! To the point, easy to read and follow. Good humour! Great quotes.”

“A perfect guide to being professional, no matter what industry service you are in.”

“Very useful well balanced book. Lots of practical ideas which are easy to implement by every Estate Agent whether they are new or an old hand in the business.”

“Very informative, definitely needs to be read by all Estate Agents, and read repeatedly as the concepts are very informative, helpful and easy to implement …”

You can find out more and download a copy by visiting http://www.realestateagentprofessional.com . Included with the Real Estate Agents Handbook … only for the Professional! are valuable programs for tracking your business.

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Last Updated ( 05 December 2009 ) Written by: administrator