Real Estate Investor Magazine South Africa March 2014 | Page 8

ASK THE EXPERTS
Sole Mandates

Q

Howard Markham
Pam Golding Property Group
www.pamgolding.co.za

Angelique Swanepoel Asks:

Perfect Location

Neil Gopal
SA Property Owners Association
www.sapoa.org.za

Q

Themba Sisulu Asks:

Buying In the Mediterannean

Q

Stijn Teeuwen
Lucas Fox
www.lucasfox.com

David Louw Asks:

I am considering selling my house but am
conflicted as to whether I should go with a sole
mandate or not? Surely two or more agencies
working to sell my property will ensure it is
sold faster through marketing and exposure?

What are the elements I need to consider if
I am to buy commercial property in South
Africa and what should I be looking out for?

I would like to expand my property portfolio
and am looking to invest offshore. Where is
the best country to look at investing currently
as a commercial concern? I am particularly
interested in Mediterranean countries.

A

A

A

Howard Markham Answers:

Simply put a sole or exclusive mandate is a
formal instruction to an agent to have the
exclusive right to sell a client’s property on
their behalf for a period of time which can
range between three months to two years. This
precludes t