Blog

The new Property Practitioners Act (PPA) and its Regulations paved the way for property practitioners using “accredited payment processing agents” to apply for exemption from operating their own trust accounts.

PayProp’s Head of Data Johette Smuts joined the Private Property Podcast recently to discuss the state of the South African residential market and share some findings from our latest State of the Rental Industry survey.

In uncertain economic times, dealing with arrears and bad debt becomes more pressing for rental agents.

The repo rate, which directly impacts interest rates, affects many aspects of an economy, such as the exchange rate and money supply.

PayProp has partnered with Chartall Business College, an experienced online training provider, to create and deliver educational modules that will supplement the current real estate courses offered by the institution and give additional value to their learners.

No residential rental agent needs to be reminded of the unbreakable golden rule – trust funds must be kept separate from business funds, to ensure landlord and tenant funds are only ever used for the purpose they were meant for.

Owning residential property for the purpose of letting is a popular addition to investment portfolios in South Africa since property almost always increases in value over time.

Paying the rent has never been easier, faster or more convenient, thanks to South Africa’s leading rental payment platform PayProp and its technology partnership with Ozow, the instant electronic fund transfer (EFT) provider that has taken the market by storm.