Cape Town Agency – First SA Real Estate Business to Accept Bitcoin

Local real estate agency Devler Estates (trading as Chas Everitt in the False Bay and Southern Suburbs) is the first real estate business in South Africa to announce that it will accept comission payments in the digital currency Bitcoin as from 1st June 2016.  

“Bitcoin is gaining momentum all over the world and with the Rand being so volatile it is likely to attract increasing attention in South Africa. This will be yet another example of Bitcoin increasingly becoming a real alternative currency and going mainstream in South Africa. ” said Managing Principal Andre de Villiers.

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Best at what counts most!


Many property sellers (particularly older sellers) are often impressed with the fact that company A or B may have more pages of print ads in the Saturday property section. But ask yourself, does this actually matter to buyers? All buyers know that whatever was put into a newspaper ad is already a week old when it appears.
Chas Everitt Cape Town South is a real estate agency that knows how to engage effectively in online marketing? "With over 80% of property buyers are going ONLINE to find property – we are focussing on being the best where it matters, to the benefit of our sellers," said franchise principal Andre de Villiers.
"When you are marketing online you need to invest in the skills to know what works and what works better! We do, and we are really good at it!," said de Villiers.

Chas Everitt Cape Town South operates over twenty area blogs with linked social media accounts.

New Office Open in Claremont

Cha11193268_10152892818468295_2152114564635085898_ns Everitt is pleased to announce the opening of their new office in Claremont, expanding their services to better support their Southern Suburb clients. Sectional Title manager, Ranate Boni is heading their sectional title operations along with her team.

“We are delighted with the reception that we have received in Claremont, and we are looking forward to working with a wide-variety of exceptional clients here.” said Ranate Boni.

Plans to develop operations in Claremont were initiated to target sectional title property in the surrounding areas. The new office which can accommodate 12 agents is the 3rd Chas Everitt office in the Cape  Town Southern Suburbs area.

This will also be the first new Chas Everitt office to open since Chas Everitt recently joined the Leading Real Estate Companies of the World group.  

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Buy with Security in Mind!

Property-crimeThere is no getting away from the issue that as the country with the greatest income disparity in the world we are also facing a crime wave that seemingly has no end.  Many will point to demographics and stats and argue convincingly that to even begin to expect a drop in crime is an unrealistic expectation.

It is not easy to source reliable data on crime in South Africa. Police statistics are treated with great suspicion as politicians place pressure on improved statistics for their own ends.  In the end local security services together with the neighbourhood watch, may be your best bet to gauge security issues in the area you wish to buy in.  No matter what the statistics are we know they are very troubling and vary from bad to worse from one area to another.

We cannot all live in security estates and neither do we all want to, but we can buy with security in mind so here are a few ideas to consider;

·        * A double storey property with bedrooms upstairs can be is a fantastic advantage.  Security experts agree that a physical barrier is critical to put off an intruder or buy you time if you have a robbery or home invasion.  A security gate that cuts off the downstairs living area from the upstairs bedrooms allows you to get a good night’s sleep and not having to respond to every creek and rustle.  (Make sure your cellphone and car keys etc are all with you upstairs at night and not hanging on the key rack at the front door!)

·        * Obvious escape routes for thieves play a major role in choosing properties to rob.  Does the location of the property allow an intruder to melt away quickly and easily into a surrounding area?  Thieves do not want to worry with a high risk ‘problematic’ property and will basically choose an easier victim down the road!

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Portals Rise In Popularity

buyerinspection– Andre de Villiers

With every sale we do our best to establish the source of the buyer and the source of the seller. Such research is a vital part of running any successful and growing business and in the rapidly evolving world of real estate, we are no different and detecting trends is a critical part of both budget and strategic planning.

Having just concluded a survey of 2013 sales the biggest trend I have identified is the substantial increase in the use of property portals by buyers, over the use of Corporate websites. Of the portals, Property24 is for our areas clearly the outright preferred portal. Fewer buyers seem to be interested in what any individual company website has to offer with a clear preference to go to the shared portal sites.  It seems that at least 50% of the value in the Corporate website is now for purposes of positioning on Google and other search engines, for those buyers who don't know about the property portals. *

Of the buyers surveyed on their buying process significantly all except 11% had used the internet as part of their search to find a property to buy. Of these 72% remember using the portal Property24.  Only 33% mentioned any other property portal (this was mostly PrivateProperty followed by IOL and Tivvit) and even more interesting to me, only a 27% could recall using any individual company's website.  I would very much like the Western Cape Institute of Estate Agents to undertake a regional survey to establish these trends, and have communicated such request to them as I don't believe that the portals themselves can really be expected to provide independent commentary on this.  

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It’s Time to Take Commission Out the Closet!


I have wanted to write this article for a while!  It’s a topic few agents want to discuss with clients but it’s a discussion that every seller and his agent should have. By doing so everyone will be better off and it will raise professional standards of practice and I believe this discussion will be in the interests of professional agents.

South Africans clearly prefer to use estate agents as a proven and effective way to sell their property.  Paying a commission for such real estate services is widely accepted.  Alternative structures that offer sellers a ‘DIY option’ come and go.  In fact the only consistent thing about fee based alternatives to commission is that they fail to meet most sellers’ needs, result in a lot of frustration and usually an agent has to step in and get the house sold in any event!  If the ‘sell yourself’ options were good idea in practice, as opposed to theory, at least some of them would have survived the usual fanfare launch and made a national impact in the 28 years I have been in property and none have!

So based on the logical assumption then that South Africans are happy to pay commission based fees to get their house sold, the real issue I want to ‘drag out the closet’ is what an appropriate commission would be and how it should be determined.

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Minimise Your Risk as a Buyer


Over the years I have heard many ideas about how a buyer could protect his interests when purchasing a property.  These ideas vary considerably in their practicality.  

Of course prevention is better than cure, so a thorough inspection of the property is the first and somewhat obvious recommendation. More often than not however due to the emotion of the purchase process, and the fear of loss by the buyer who wants a quick decision to his offer being accepted, a thorough inspection is NOT actually done.  This is the case more often than one may rationally assume.  

If it was not totally impractical the ideal would be to 'try before you buy' but sellers are seldom looking for tenants so this is not going to be an acceptable proposal in 99% of cases, if not more.  I certainly would not even think of recommending such a request to a seller, but there are a number of other more practical solutions that can be considered and that a professional agent could facilitate.

The recommended course of action would depend on the particular property and the circumstances, so I have four scenarios to which I propose four different solutions;

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Turn a Grudge Purchase into a Valuable Sales Asset


With nearly 30 years in real estate if anyone asks me what the most irritating aspect of a sales is, I have no hesitation in answering that it is getting the various Certificates of Compliance for 'amenities health and safety' that are required.  

In 1984 when I started as a rookie agent the only required inspection was for notifiable beetle (which by the way was at that time just two specific little creatures) but then these reports started to be expanded to include another insect or two until it was recommended that the wording in the contract all types of wood destroying 'goggas', many of which didn't even live in the Cape. Then of course came the 'bright spark,' to add electrical compliance certificates and now we have every trade jumping on the bandwagon so we have the need for the seller to also provide plumbing certificates, gas inspection reports and electrical fencing inspections.  In South Africa we have as much certification requirements as Switzerland yet the majority of the country lives in shacks – but be that as it may – that's South Africa.  Of course I appreciate that the buyer of a property has a right to know what they are buying, however when you are buying a second hand home (yes we don't like to call it that but this is what it is), in many instances is a "mature property" and the buyer in making an offer needs to accept that in his offer price.  I not only have my doubts about how reasonable such requirements are, I also have over the years seen far too many things that make me very skeptical about the real value of these reports let alone the ethical behaviour surrounding them.  And these reports are not over yet! There are moves afoot to have Energy Performance Certificates apply to resale properties and not only new homes. 

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Cape Regional Awards 2013

Devler Estates cc is a franchise of the Chas Everitt International Property Group

Congratulations to our Cape Town South teams from the False Bay, Constantiaber and Southern Suburbs offices for their outstanding performance at the recent Chas Everitt Regional mid year awards, on sales performance based on registered sales in the first and second quarters of 2013.



Earning Bronze Individuals for the Second Quarter was Winston Fryer from False Bay office
Earning Silver Individuals for the Second Quarter Shanaz Sity-Herskovitz from Constantia office
Earning Silver Partnerships for the First Quarter Marion Bolton and Sally Gracie from Tokai office
Earning Gold Individuals for the First Quarter Shanaz Sity-Herskovitz from Constantia office
Earning Gold Partnerships for the First Quarter John Pistorius and Cecily Madison from Constantia office
Earning Gold Partnerships for the Second Quarter John Pistorius and Cecily Madison from Constantia office
Earning Platinum Partnerships for the Second Quarter Sally Gracie and Marion Bolton from Tokai office


Food Parcel Handover Dates – 2013


These are the 2013 dates for our Food Parcel handovers following our first, given to residents at Mez Wallach Old Age home in Muizenberg.
A reminder our objective is to handover 500 in the course of a one year period that started with Mandela Day!

If you wish to raise 500 food parcel donations (or shopping vouchers) and if you would like to contribute please message us and we will arrange collection!

9 & 23 August

6 & 20 Sept
4 &18 Oct
1, 15 & 29 Nov