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property online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SEARCH PROPERTIES
SA's first and largest Low Commission Estate Agents. National Office. PropertyFox 3rd Floor, Velocity House Cape Town, 8001 HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a FUN VIDEOS - STEEPLE 19 October 2017. Harry Styles’ X-Factor Audition. 29 September 2017. 12-year-old’s Emotional Battle through Dance. 29 August 2017. Dinnertime Companions. 31 July 2017. Amazing Slackline Athlete. 21 LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY For example, say you buy a property for R400 000 with a deposit of R40 000 and get a bond from the bank for R360 000. Let’s say the property value increases in the first year by 5% – this will mean the property is now worth R420 000. If we assume that your rental income over the year was equal to the total expenses (bond repayments ONLINE PROPERTY MARKETING KEY TO GETTING PROPERTY SOLD Recent research from Stats SA indicates that almost half of South African households have at least one member with access to the internet. This means that where you list your property online, and how you market your listing digitally, could mean the difference between selling your home or wringing your hands in frustration. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 4 Doing your homework. Once you have decided to begin investing in property, you will need to do your homework before rushing out to buy the first house you can find. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 5 Part 5: How to select an investment property Now that you have worked out what you can afford and you’ve done your homework, it is time toget down to
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 3 How to become a property mogul on a regular salary: Part 3. by David de Waal on June 19, 2014 0 comments STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at aSEARCH PROPERTIES
SA's first and largest Low Commission Estate Agents. National Office. PropertyFox 3rd Floor, Velocity House Cape Town, 8001 HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a FUN VIDEOS - STEEPLE 19 October 2017. Harry Styles’ X-Factor Audition. 29 September 2017. 12-year-old’s Emotional Battle through Dance. 29 August 2017. Dinnertime Companions. 31 July 2017. Amazing Slackline Athlete. 21 SELLING HOUSES IN THE ONLINE AGE Selling Houses in the Online Age. Print advertising was necessary for selling houses in the past and all estate agents used to advertise their property listings in the newspapers. In our era the internet has reshaped property marketing, with online advertising the most effective. Most estate agents in South Africa are aware of this, butfew
PREPPING YOUR HOME FOR PHOTOS Our professional photographers can take great photos but first your home needs to be photo-shoot ready! Outside and Garden. Many potential buyers will first drive past your home to see if SELLING A FLAT, APARTMENT OR TOWNHOUSE IN SOUTH AFRICA Selling a flat or townhouse is the same as selling a freehold property except that the complex or block itself, and its body corporate, is an additional factor that a potential buyer has to consider. The appearance, rules and financial position of the complex are all relevant when selling a HOW TO TAKE GREAT PROPERTY PHOTOS TOP TIPS. Take lots of photos of your home so you will have a wide selection to choose from; Make the effort to get a fantastic MAIN PHOTO; Only take property pictures in landscape orientation i.e. wide (like a TV screen) rather than portrait orientation (like a door). If you use a smart phone camera, this would mean that you would hold the phone on its side when taking the photos LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 5 Part 5: How to select an investment property Now that you have worked out what you can afford and you’ve done your homework, it is time toget down to
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 3 How to become a property mogul on a regular salary: Part 3. by David de Waal on June 19, 2014 0 comments STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at aSEARCH PROPERTIES
SA's first and largest Low Commission Estate Agents. National Office. PropertyFox 3rd Floor, Velocity House Cape Town, 8001 HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a FUN VIDEOS - STEEPLE 19 October 2017. Harry Styles’ X-Factor Audition. 29 September 2017. 12-year-old’s Emotional Battle through Dance. 29 August 2017. Dinnertime Companions. 31 July 2017. Amazing Slackline Athlete. 21 SELLING HOUSES IN THE ONLINE AGE Selling Houses in the Online Age. Print advertising was necessary for selling houses in the past and all estate agents used to advertise their property listings in the newspapers. In our era the internet has reshaped property marketing, with online advertising the most effective. Most estate agents in South Africa are aware of this, butfew
PREPPING YOUR HOME FOR PHOTOS Our professional photographers can take great photos but first your home needs to be photo-shoot ready! Outside and Garden. Many potential buyers will first drive past your home to see if SELLING A FLAT, APARTMENT OR TOWNHOUSE IN SOUTH AFRICA Selling a flat or townhouse is the same as selling a freehold property except that the complex or block itself, and its body corporate, is an additional factor that a potential buyer has to consider. The appearance, rules and financial position of the complex are all relevant when selling a SELLING PROPERTY PRIVATELY VERSUS STEEPLE LOW COST ESTATE The primary reason why some sellers choose to sell their property privately without an estate agent is to save on agent commissions, which can be very high. Unfortunately, some property buyers take the absence of an estate agent commission into account by offering less for a private sale property. For others, there is a stigma associatedwith
HOW TO TAKE GREAT PROPERTY PHOTOS TOP TIPS. Take lots of photos of your home so you will have a wide selection to choose from; Make the effort to get a fantastic MAIN PHOTO; Only take property pictures in landscape orientation i.e. wide (like a TV screen) rather than portrait orientation (like a door). If you use a smart phone camera, this would mean that you would hold the phone on its side when taking the photos LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 3 How to become a property mogul on a regular salary: Part 3. by David de Waal on June 19, 2014 0 comments STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
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SA's first and largest Low Commission Estate Agents. National Office. PropertyFox 3rd Floor, Velocity House Cape Town, 8001 HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a FUN VIDEOS - STEEPLE 19 October 2017. Harry Styles’ X-Factor Audition. 29 September 2017. 12-year-old’s Emotional Battle through Dance. 29 August 2017. Dinnertime Companions. 31 July 2017. Amazing Slackline Athlete. 21 HOW TO TAKE GREAT PROPERTY PHOTOS TOP TIPS. Take lots of photos of your home so you will have a wide selection to choose from; Make the effort to get a fantastic MAIN PHOTO; Only take property pictures in landscape orientation i.e. wide (like a TV screen) rather than portrait orientation (like a door). If you use a smart phone camera, this would mean that you would hold the phone on its side when taking the photos LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY For example, say you buy a property for R400 000 with a deposit of R40 000 and get a bond from the bank for R360 000. Let’s say the property value increases in the first year by 5% – this will mean the property is now worth R420 000. If we assume that your rental income over the year was equal to the total expenses (bond repayments ONLINE PROPERTY MARKETING KEY TO GETTING PROPERTY SOLD Recent research from Stats SA indicates that almost half of South African households have at least one member with access to the internet. This means that where you list your property online, and how you market your listing digitally, could mean the difference between selling your home or wringing your hands in frustration. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 4 Doing your homework. Once you have decided to begin investing in property, you will need to do your homework before rushing out to buy the first house you can find. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 3 How to become a property mogul on a regular salary: Part 3. by David de Waal on June 19, 2014 0 comments STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SELLING PROPERTY: BEWARE THE COSTS! The fee is usually 5 – 8% of the property selling price, plus VAT. If you are selling property privately then there would be no estate agent’s commission but you would have upfront marketing costs. costs for electrical, beetle (if you have a coastal property), electric fencing (if relevant), gas (if relevant) and plumbing (if in Cape Town HOW TO SELL PROPERTY IN SOUTH AFRICA Step 1: Decide Whether to Sell Your Property Using a traditional Estate Agent,Sell Privately, or choose a Modern Estate Agent. Using an estate agent to sell your property was the traditional way of selling. A great estate agent should be able to make the selling process as stress-free as possible and should be able to answer all the queriesyou
ESTATE AGENCY AFFAIRS BOARD: CODE OF CONDUCT The code of conduct for estate agents in SA. Estate agents in South Africa had to abide by the Code of Conduct regulated by the Estate Agency Affairs Board (EAAB), in terms of the Estate Agency Affairs Act. Recently the new Property Practitioners Act was promulgated, which replaces the old act. Selected relevant extracts of the originalEAAB
TYPES OF ESTATE AGENT MANDATE An estate agent mandate is the legal agreement between the agent and the seller of the property. There are 3 different types of estate agent mandate in South Africa: an Open mandate, a Multi-listing mandate and a Sole mandate. 1. Open Mandate with an Estate Agent. If you want many agents to market your house at the same time, you couldsign an
PROPERTY SELLING COSTS IN SOUTH AFRICA net selling price of a property was R4 500 000 (after deducting estate agent commission) costs associated with the original purchase (e.g. transfer duty, legal fees) were R100 000, then the “capital gain” would be calculated as R4 500 000 – (R1 500 000 + R600 000 + R100000) = R2 300 000.
HOME STAGING SECRETS TO SELL A HOUSE weed the garden, pick up leaves, cut the lawn and trim hedges or bushes. have some colourful pot plants. remove dirty old cars, bicycles, general rubbish. oil the gate so that it opens without squeaking. make sure the door bell works. clean the pool, if you have one. if you have a car, make sure it is clean and tidy. HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a HOW TO SELL YOUR HOME ON PROPERTY24 AND PRIVATE The Property24 and Private Property apps have been downloaded over 500 000 and 100 000 times, respectively, on the Google Play store alone. According to Alexa (November 2016), Property24 is the 33rd busiest website in South Africa, and Private Property is number 87. On SimilarWeb, the rankings are 26 and 60, respectively. HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 2 So your profit before tax would be R1.5 million – R1 million – R30 000 – R100 000 = R370 000. This profit would probably be taxed as regular income rather than at the lower capital gains tax rate. At a maximum marginal tax rate of 40%, the profit remaining would be R222 000. In other words, in this example, if you sold the property at a STEEPLE | MODERN ESTATE AGENTS IN SOUTH AFRICA SELL YOUR Steeple are South Africa's modern estate agents selling houses andproperty online
SEARCH PROPERTIES
SA's first and largest Low Commission Estate Agents. National Office. PropertyFox 3rd Floor, Velocity House Cape Town, 8001 HOW TO SELL YOUR HOUSE FAST How to Find a Buyer Quickly. Get the maximum advertising exposure. Make sure your property is marketed on all 4 of SA’s major property portals viz. Property24, Private Property, Gumtree and IOLProperty, to improve your chances of getting viewings. Use a FUN VIDEOS - STEEPLE 19 October 2017. Harry Styles’ X-Factor Audition. 29 September 2017. 12-year-old’s Emotional Battle through Dance. 29 August 2017. Dinnertime Companions. 31 July 2017. Amazing Slackline Athlete. 21 SELLING HOUSES IN THE ONLINE AGE Selling Houses in the Online Age. Print advertising was necessary for selling houses in the past and all estate agents used to advertise their property listings in the newspapers. In our era the internet has reshaped property marketing, with online advertising the most effective. Most estate agents in South Africa are aware of this, butfew
PREPPING YOUR HOME FOR PHOTOS Our professional photographers can take great photos but first your home needs to be photo-shoot ready! Outside and Garden. Many potential buyers will first drive past your home to see if HOW TO TAKE GREAT PROPERTY PHOTOS TOP TIPS. Take lots of photos of your home so you will have a wide selection to choose from; Make the effort to get a fantastic MAIN PHOTO; Only take property pictures in landscape orientation i.e. wide (like a TV screen) rather than portrait orientation (like a door). If you use a smart phone camera, this would mean that you would hold the phone on its side when taking the photos LISTED RESIDENTIAL PROPERTY FUNDS: THE NEXT PHASE FOR THE The listed property funds on the JSE now have a combined market capitalisation of over R400 billion – but only a tiny percentage of the value comprises residential properties. Investment bank Stanllib’s research from a year ago indicated that in developed markets listed residential property exposure is 11%, and in emergingmarkets it is 15%
HOW TO BECOME A PROPERTY MOGUL ON A REGULAR SALARY: PART 3 How to become a property mogul on a regular salary: Part 3. by David de Waal on June 19, 2014 0 commentsJUNE NEWSLETTER
Steeple, South Africa’s first low cost estate agency, has been very active in the media this past month and we wanted to share a few of our latest stories with you.* Sell
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Offers, sales and everything else When someone wants to make an offer, just let PropertyFox know and they'll take care of the buyer, the offer, and the legal paperwork.COMMON QUESTIONS
With honest, transparent answers _ WHAT IS THE RELATIONSHIP BETWEEN STEEPLE AND PROPERTYFOX? _ Steeple was the first online estate agency in South Africa, established in 2012. At the end of 2018 all Steeple's property listings were acquired by PropertyFox, another online estate agency. All new properties are being listed by PropertyFox as Steeple is no longer operating as an estate agency. _ WHAT IS THE COMMISSION AND TYPE OF MANDATE? _ The commission percentage varies depending on whether the mandate you sign with PropertyFox is sole/exclusive, or open. The commission is only payable if the property is sold. For an exclusive sole mandate, the commission is 1.5% of the selling price (with a minimum commission of R35000) + VAT. For an open mandate, the commission is 3% (minimum R35000) + VAT. There is also a nominal upfront marketing fee, which varies between zero (for an exclusive mandate in a Featured Neighbourhood) to R3000 (for properties outside Featured Neighbourhoods). This upfront fee is deducted off the commission payable on sale. _ HOW CAN PROPERTYFOX OFFER SUCH A LOW COMMISSION? IS THERE A CATCH?!_
The secret to offering such a low commission is that you, the homeowner, show viewers around your home so PropertyFox doesn't need to have agents who go out to the property. Since you work together with PropertyFox in this way, they only need one national office where their employees communicate with you by phone, live chat and email. The cost savings are passed on to you in the form of the lowcommission.
_ CAN I USE MY OWN CONVEYANCER? _ Yes. And if you don't know one then PropertyFox can suggest a local firm that does an excellent job. _ CAN I USE PROPERTYFOX IF I WORK DURING THE DAY? _ Of course! Most buyers work too so you can arrange viewings at mutually convenient times such as after work or on the weekends. _ I'M NOT A "SALES" TYPE PERSON. WILL I BE ABLE TO SELL MY PROPERTY? _ Yes, absolutely! You don't need to be able to "sell" at all. The reason is that no person, no matter how good a "salesperson" they are, can persuade someone to buy a property they don't like. Buying a property is a major life decision and people don't take it lightly. Smooth talking may help sell life insurance or a consumer appliance, but it doesn't apply when selling a home. Buyers prefer getting straight answers directly from you, since you know your home and the local area best. _ HOW IS MY PROPERTY VALUED? _ Setting the correct price is crucial both for your own peace of mind and for selling quickly. We recommend that you get another opinionbesides your own.
PropertyFox provides a free, computerised valuation once your property details have been received. _ WHERE DOES PROPERTYFOX HAVE OFFICES? _ Since PropertyFox operates by phone and online they only need one national office for the country (in Cape Town). By having a single office they can reduce costs and pass those on to you in the form of their low commission. Obviously they won't have the local knowledge of a traditional estate agent who is based in the area but it doesn't matter since they have YOU, the ultimate expert! You know your property and local area better than any estate agent ever can, and you can pass on your knowledge to the viewers. _ DOES PROPERTYFOX HAVE A DATABASE OF BUYERS? _ Yes, like all agents PropertyFox maintains a list of potential buyers but it pales into insignificance compared to the massive databases maintained by the huge online property sites like Property24 and Private Property. When you sell with PropertyFox, all the buyers registered on Property24 and Private Property who are interested in your suburb are sent a notification alert, ensuring instant advertising to serious potential buyers. _ I HAVEN'T HEARD ABOUT STEEPLE OR PROPERTYFOX BEFORE? _ Steeple operated successfully from 2012, when they introduced low commissions to South African sellers for the first time. Steeple were honoured to receive 2 awards, one for innovation and the other for client service in subsequent years. At the end of 2018 all Steeple's property listings were acquired by PropertyFox, another online agency with a very similar way ofoperating.
_ WHERE DOES PROPERTYFOX SELL PROPERTIES? _ All throughout South Africa. _ HOW IS VIEWING SECURITY HANDLED? _ All your viewings would be strictly by appointment only (not from an enquiry off the street), and you will have the name, phone number and email address of the viewer. For extra security, through PropertyFox's partnership with ThisIsMe (an identification service), you can match the viewer's profile to the ThisIsMe database in most cases too. We don't advise that you have an open public show house where anyone can just walk in off the street. Our common sense recommendations are that you: - compare details to ThisIsMe profile - ask the viewer for identification - lock valuables away - have another adult present - don't leave the viewer alone in a room with valuables. And if you don't like the look of someone, you can just tell them the house has been sold! _ DOES PROPERTYFOX DO RENTAL MANAGEMENT OR LIST RENTAL PROPERTIES? _ No, PropertyFox focuses on sales only at this time. _ CAN YOU HELP ME IF I LIST PRIVATELY? _ Unfortunately not. But the fee is so low and is only payable when you sell, so why venture out by yourself anyway? With PropertyFox you get advice and assistance throughout the process. Avoid the stigma of a private sale and increase your chances of selling.GET STARTED NOW
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