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The Requirements to Start Real Estate Business in South Africa
How do I start my own real estate in South Africa?
The following are STEPS TO BECOMING A REAL ESTATE AGENT IN SOUTH AFRICA
- Apply to the Property Practitioner’s Regulatory Authority.
- Register and Write the Professional Designation Examination (PDE).
- Join a Real Estate Agency.
- Complete 6-Month Practical Training as a Candidate Estate Agent.
Is real estate business profitable in South Africa?
Property investment is not only a profitable endeavor, but a safe one. Investing in bricks-and-mortar remains the most reliable way to generate income over the long-term.
How much does it cost to start a property business in South Africa?
The average cost of a new Just Property franchise is R60,000 to R200 000, depending on the size and location of the store. Franchisees must also pay a monthly marketing and advertising fee of 2% and a royalty fee of 6%.
How much do you need to invest in real estate in South Africa?
A deposit of R35 000 can secure you a property to the value of R1 million, and a deposit of just R18 800 can get your foot in the door with a property valued at R550 000. We found such investment opportunities around the country, even in Bloemfontein.
