Are you thinking selling to emigrate

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Sell a property? If you are emigrating, or know someone that is emigrating, selling your home is at the top of your mind, together with about a hundred other things.

Emigrating really is an enormous decision, physically, psychologically, and emotionally.  It’s the ultimate sacrifice.  To ensure that your loved ones have the life and the future you would like them to have.

We take a closer look at Emigration stats in SA and the impact it’s having on the SA property market.

The lag

The challenge with measuring emigration is that it can take months to emigrate.  From the time you first decide to leave, there are at least 12 – 18 months or more of planning, before you can finally get on the plane and leave.  That may be why Q1 of 2019 is still so high especially when general sentiment, both economic and political are more positive.

Just over 1 in 10 homes sold is linked to emigration

Emigration something that we all know well.  Most of us have friends and loves that have emigrated.  In fact, just over 1 in 10 properties sold in SA are linked to emigration.  FNB recently stated that emigration in Q1 of 2018 was up to 14.2%.  That’s up from 10% in Q4 of 2018 which is up again from 2% in 2008.

But general sentiment is more positive

The elections are over and some call it Ramaphoria.  Load shedding, for now, has stabilized.  The budget speech in Feb 2019 was positive and forward-thinking in its design.  The economy is set to grow. SA is still holding onto our sovereign credit rating.

Your home is still your biggest investment

Whether you are thinking of emigrating or whether you know someone who is thinking about it, your home is almost always, still, your biggest investment.  If you are starting the emigration process, you may want to start with getting a property valuation.

Sell a property

When it comes to selling a property.  You want to partner with the most prominent and successful KW Select agents in your suburb.  Understand exactly what market you find yourself in (buyer’s or seller’s market) Set the right asking price.  Sell your home quickly and for the right price. You want no hitches and no drama.

Global economic times

Temperaments, in general, are sensitive right now.  It’s prudent to highlight that globally, economic times are also tough.  Job prospects abroad continue to be a key constraint for folk thinking of emigrating.  Positive results that support the current outlook for SA are expected to stabilize Emigration numbers.

Estate Agents – want to know more about KW?

Keller Williams (USA) is a top real estate brand to work for.  If you are an estate agent and want to know a little more drop me an e-mail.   If you would like to leverage world-class technology to the benefit of all our stakeholders across the value chain and end up with a win-win every time, then let’s touch base.  Also, read what makes Keller Williams the best!

Get in touch

So, if you need a valuation done on a property anywhere in Randburg or elsewhere in Jhb, we can help.  Give us a call on telephone number (064) 549-3123.  Alternatively, drop us an e-mail at kwselect@kwsa.co.za.  We have a vast network of almost 1,500 top Keller Williams agents at our fingertips who are all just dying for the opportunity to partner with you to sell and conclude your property transaction in record time.

If you want to view all the Keller Williams properties across the country, click on our website to start the search for your dream home.  Need help getting a pre-approved homeloan, it’s free and our strategic partners will find you the best rate over 20 years!  And finally, if you are thinking of putting your property on the market and need a free property valuation, click here!

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