Celebrating National Women's Month
Category News
In the spirit of Women's Month, we chatted to three of our top property practitioners about a variety of matters from women's role in shaping a brighter future for South Africa to the best advice for a single woman looking at buying property and much more. Here's what Mary-Anne Coates, Marissa Massari and Colleen Tappin had to say.
Women's role in shaping a better society
According to Coates, women need to step into their own power. "Connect with your personal gifts and strengths", she advised. To this, Tappin adds that her philosophy will always be that "the hand that rocks the cradle, rules the world", in more ways than one. Massari pointed out that historically, women were prevented from being part of shaping a better society. "I think it's important to acknowledge and honour the incredible women who, despite all obstacles, made progress possible for us all." She added that it's up to us to continue moving forward along this path, knowing that there are no limitations to what we can achieve.
Things a woman should know before buying property
Massari points out the importance of being organised and prepared with your documentation. "If you require finance, reach out to an OOBA bond originator consultant for guidance. You can also do your research by asking for or purchasing online suburb trend reports and finding suburbs that appeal to you." She also advises that buyers make sure that their property practitioner clearly explains the agreement of sale and property disclosure report before they sign.
According to Coates, buying a home can be both exciting and daunting - but it doesn't have to be stressful. "Once you've found a home that you love, my best advice would be to obtain a property inspection report. This way you'll know what maintenance the house may need in the coming years."
Tappin adds that since property investment is a long-term commitment, buyers need to be emotionally and financially prepared for this investment. "Make sure you can comfortably afford your home and always have an emergency fund," she advised.
What type of property to look for
We approached the three property practitioners with a scenario: a single woman came to them and said that she wasn't quite sure what type of property she should be looking for. In Massari's view, the most important thing would be to ask the client what factors are important to her. "For example, if security is an important factor, this gives us a starting point," she explained. "Ultimately, it's about making sure that she is comfortable with the decision that she makes."
Tappin points out that the scenario requires a tailor-made approach. "I would ask questions about her lifestyle, whether she travels for work and her expectations," she said. "I would then give her my thoughts on what would be suited to her needs."
Coates adds that so much depends on her circumstances. "I would advise her to choose an area that suits her lifestyle, and that is affordable and secure," she shared. "I'd also advise her to look for a home that doesn't require too much maintenance and that she can sell easily if she should want to."
Making the property purchase process as smooth as possible
When asked about ways to simplify the process of buying property, all three property practitioners pointed out the need to be organised. Tappin stressed the need to get prequalified before you start looking. "If possible, make sure you have no suspensive conditions attached to your offer. This will give you strong negotiating power," she advised.
Coates pointed out the importance of connecting with an area specialist who you can relate to and trust. "A good property practitioner will explain the buying and transfer processes in detail and give you a timeline so that you can plan ahead," she explained. "This will ensure that you have enough time to apply for your bond and sign documents."
To this, Massari added a reminder of the importance of being organised in the financial sense. "Make sure that you have funds available to pay for expenses such as deposits, bond registration costs and transfer costs."
Advice for women considering a new career in real estate
Being a property practitioner is a dynamic career choice and, in Coates' words, it's a great career for you if you love people and you love how every day can be wildly different. "If you're empathetic, intuitive and service-driven, it is a career in which you can enjoy great success," she commented.
Real estate is a profession that involves independent work and self-motivation. "On the other hand, you also have the opportunity to be part of an amazing team," said Massari. "You should always be open to learning and never be afraid to ask questions."
Tappin advised would-be property practitioners that they should have at least six to nine months' worth of savings to carry them. "It's a career with long hours and sacrifices to be made."
Jawitz Properties celebrates remarkable women and their accomplishments year round. If you'd like to know more about becoming a property practitioner, you can visit our careers page or contact us for more information.
Author: Jawitz Properties
