UCT Scheme Management Course

The UCT Sectional Title Scheme Management Certificate Course is due to begin in December.

This 6 month course has proven to be extremely popular and is now considered to the benchmark course in the sectional title scheme management industry. The next course is due to start on the 3rd December 2007 and registrations close on the 23rd November 2007.

The Course in a Nutshell:

·         includes a one-day intensive workshop and an exam the following morning which is held in Cape Town, Durban and Johannesburg

·         covers 9 modules and 3 written assignments during the 6 months

·         is the only recognized qualification in Sectional Title Scheme Management

• students are exposed to the latest thinking in Sectional Title legal developments
• includes 6 months tuition conducted via the internet and continuous assistance, monitoring and guidance by the Course Facilitator

·         accredited by the Estate Agents Affairs Board as a specialist programme for sectional title scheme management

     Please feel free to contact Cristina on 021 674 7818 for any further information or in order to secure your place on the course.

Real Estate Red Alerts

Household debt 'to normalise'

The ratio of household debt to disposable income among South African earners reached a peak of 76.6% in June 2007 but should return to more sustainable levels in the near future as interest rate hikes take their toll, says Finance Minister Trevor Manuel. He said the purpose of the "mini-budget" was to present a framework and a set of spending priorities to shape the budgets of national, provincial and local government.

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House price growth 'to pick up'

Standard Bank's median house price index recorded a relatively firm growth rate of 10.2% year-on-year in October, the bank said. "This is a noticeable improvement on the single-digit house price inflation recorded in the previous two months," the bank in a statement.

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Property market shows life

Market activity in the South African residential property market increased marginally during the third quarter of 2007 but remained at its lowest levels in three years, the FNB Property Barometer shown. The barometer, which measures activity levels on a scale of 1 to 10, showed an activity level of 5.3 compared with 4.9 in the previous quarter and 6 in the same quarter last year. The bank said that property professional also claimed there was an increasing trend in the ratio of sellers to buyers, indicating that the market is becoming more of a buyer's market.

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Revolution brewing in African banking

A banking revolution is brewing, but it isn’t the kind of bloody revolution we associate with violent regime change. It is a quiet return to the strategies used in South Africa (SA) over a century ago by the brave banking entrepreneurs who took massive, calculated risks, and won.Identifying successful new trends in African banking customer strategy was the subject of a recent one-day conference hosted by the University of Pretoria’s Gordon Institute of Business Science (GIBS).

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Food for Thought