Calculate the estimated cost a seller will pay when selling a property SELLER COST ESTIMATION The following is an estimation of costs involved in the transfer of a property   Selling Price 1 580 000,00 Practitioner’s commission (7.5%) Outstanding Bond (R900 000) Bond Attorney Cancelation fees Bond Cancelation (10.5%) Electrical Clearance...

Calculate the loan repayment for at least 3 clients at different sales values: CLIENT 1 PURCHASE PRICE  R      850 000 Interest rates 9% Years 20 Deposit R                   Monthly repayments R           Total payments R Interest payments R   CLIENT 2 PURCHASE PRICE R       500 000...

Scenario 1 Lynette Roets and Markus Lizemore are making an offer on Erf 333 Homestead from Karen Webber. The street address is 19 Sherwood Avenue, which is in Germiston. They are purchasing the property for R1 000 000.00 (One million). They have no deposit and are dependent upon obtaining a 100% bond. Scenario 2  Alan Bixby is purchasing 28 Stellendal Road, situated in Audas Estate in Somerset...

In order to trade as a Property Practitioner and earn a commission, you need to register as a provisional taxpayer. Based on this, you will receive a tax directive (currently 18%), which needs to be renewed annually. Registration with SARS To register, you will need to send the following information to your bookkeeper or register with SARS e-filing yourself: - Your ID. - Your existing income...

As a Property Practitioner and a businessperson, one of your greatest expenses, both in time and money, should be your personal growth and education. Getting to know your product information is important, as without it you will never be effective in concluding and managing your listings and sales. However, learning life skills depends on your own time and effort. No one can teach you how to present...