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The digital era has seen computers and online tools replace the filing cabinet in the modern office.
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Rising property tax rates, water restrictions and increases in the cost of water and electricity, combined with high unemployment rates and uncertainty over land expropriation all make for a challenging sell for real estate agents.
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With the current trend in the residential property market favouring buyers over sellers, correct property valuation has become more of a priority for real estate agents, in their efforts to ensure a timeous sale.
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Experts estimate that the hidden costs of buying a property can add as much as 10% onto the purchase price.
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Property owners are responsible for checking the property categorisation, the valuation ascribed to their property and for lodging an objection.