Dear Homeowner,
Ennik Estates offers a boutique service to the prime residential property market in Johannesburg.
The Ennik Estates team comprises specialist consultants who were individually selected by CEO and founder, Ronald Ennik. He has over 35 years experience in residential sales, initially as a top agent for a national real estate group and 20 years as managing director of a large real estate business covering the Gauteng region
As a boutique agency Ennik Estates offers each of its clients custom-tailored marketing strategies and material that is distinguished by its high quality and professional standard. This is produced by a dedicated team of creative professionals. The Ennik Estates Marketing System ensures that each home that is brought to market by Ennik Estates is presented to potential buyers in an exceptional manner that reflects its stature and value. This is a key characteristic that sets Ennik Estates apart.
The Ennik Estates Marketing System provides an innovative approach to marketing homes - one which is bespoke, expert and focused. Our marketing material is distinguished by its high quality and professional standard, which is produced by a dedicated team of creative professionals.
For every home that we take to market, we employ the services of specialist photographers with a wealth of creativity and industry experience, our photographers are able to encapsulate the style, stand-out features and ambience of your home. They use all the latest technology. Our in-house layout designer crafts our high quality marketing material.
The Ennik Estates marketing system ensures that your home is presented to potential buyers in an exceptional manner that reflects its stature and value. This is a key characteristic that sets Ennik Estates apart.
Warm Regards,
Ronald Ennik
083 273 2707
• Home owners who undertake a Home Inspection Report prior to listing their home for sale will benefit from the transparency that this offers potential buyers. This gives them an immediate and distinct advantage over other sellers in the area and offers a buyer a sense of comfort.
• The report will show that you’re negotiating in good faith, and might encourage a buyer to accept certain defects in the home that they otherwise may not have. We have noticed the following amongst sellers who have had their homes inspected before taking them to market:
• 1) You gain an immediate advantage over other sellers in your area and are likely to sell faster.
• 2) The report tells every prospective buyer that your home has already been inspected for structural defects. They will no longer wonder if there are any unpleasant surprises waiting for them down the road.
• 3) If problems are detected, you’ll have a chance to correct them before a prospective buyer • discovers them.
• 4) Eliminate the 11th-hour negotiations over the monetary value of repairs.
• 5) The existence of the report satisfies the buyer of the need to acquire his own Property Inspection report which may be introduced as a suspensive condition allowing the buyer to exit the deal if he finds it unsatisfactory. A common occurrence these days
Owners often wonder if an Open Mandate when marketing their homes is a better option, believing that the more agents they have working on their property, the sooner they will achieve a good price for their house. In reality the opposite is most often true. The prime reason for this is that is that an open mandate is a disincentive to a good agent. Even if they commit the same effort to an open mandate (say three other agents) they only have a 25% chance of landing a deal. Whereas on a sole mandate a decent agent normally has a 70 to 80% of success and earning a commission.
“The Ennik Estates Marketing System is the cornerstone of our success. It is a well tried ‘sole mandate system’ that has achieved excellent results for me and for the hundreds of agents I have had the privilege of teaching over the years. It comes with a warranty that you may cancel our mandate, if you are unhappy with our service, with 24 hours notice” - Ronald Ennik
Bank Cancellation Bond
1 Instructs cancellation attorney and release title and mortgage bonds
The Cancellation Attorney
1. Receives cancellation figures from bank
2. Hands figures to Transferring Attorney for preparation of guarantees by Bond Attorney
3. Receives guarantees to cancel bond
4. Arranges signature of cancellation documents
The
Bank granting bond
1. Purchaser bond granted
2. Bank instructs Bond Attorney
The Bond Attorney
1. Draws bond documents
2. Purchaser signs bond documents
3. Purchaser pays bond costs
4. Purchaser finalises insurance requirements
7.
8. Pays rates/levy clearance
9. Pays transfer duty
10. Receives rates clearance/ levy clearance certificate
11. Receives transfer duty receipt
12. Receives guarantees from Bond Attorney
13. Hands one guarantee to Cancellation Attorney
5. Bond attorney issues guarantees
6. Bond attorney hands guarantees to Transfer Attorney
Please Note
1* Deeds can be rejected for various reasons which the attorney will clarify. Should deeds be rejected the reason/s will be addressed by attorney, whereafter lodgement will occur.
2* Please note that in certain instances the bank can impose specific conditions that require fulfillment before they will allow bond registration to move forward.
1. Deeds examined Deeds passed / rejected Deeds registered Attorneys finalise finances and account to Seller and Purchaser and advise council/body corporate of registration
That’s my advice to home sellers in the current relatively slow-moving Johannesburg / Sandton homes market. It is essential that a seller squeezes the maximum value that he possibly can from his property sale. That is best achieved by using an agent who can draw a ‘line in the sand’ to a buyer and say: “No! That offer is not acceptable”
This is possible and common under a sole mandate. But very difficult for an agent do that when knowing full well that the buyer can simply go to the next agent and say: “Will you take my low offer?”
Under an open mandate, the agent is inevitably compelled to take the low offer – and then begin the negotiation with the seller. But, unfortunately, the process has started at too modest a level, with a deal less likely to occur. Under a sole mandate the process is different. The buyer has no choice but to engage with the original agent, who is able to ‘control’ the negotiation like a conductor in front of his orchestra.
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Ideally, the sale will be sealed at a price more adjacent to seller expectations than if there were a number of agents working on the property – each prepared to take virtually any offer Sellers may expect that the best way to achieve a good price is to create ‘competition’ on their property. This is true, but in fact, it is competition between buyers – not agents. A good agent can create tension and competition between buyers in order to nudge the price upwards. But a solid sole mandated agent will also have the strength to say “No” if the initial price offer comes in too low.
Instagram:
The logo was inspired by the Dutch infinity artist MC Escher. His work often depicted images with a 3D visual illusion effect. He painted staircases that seem to go up and up yet arrived at the beginning.
- The shape of the logo - your home is your fortress to the world, your castle, your safe haven. Your private secure space behind a "shield".
- The 2 "E"s of Ennik Estates are incorporated in an iconic three dimensional.
- The space within the logo is defined much the same way as a 3D architectural plan.
- The logo is rich in stature, with a solid sense of comfort, security and reliability.
- The relationship of the 2 "E"s touching symbolising the partnerships of "trust and cooperation" that we build with clients. And a coming together of buyer and seller.
It all comes together to reinforce the positioning of Ennik Estates as a quality real estate brand that focuses on niche markets of prime properties with a bespoke customized approach
Author: Ronald Ennik
Four Bedroomed house in Birdhaven.
This relaxed traditional north facing home is life enriching. It is set on +-3579m2 of land with a newly upgraded floodlit tennis court, a heated pool and a glorious garden which attracts an abundance of birdlife. There are four bedrooms, four bathrooms, two of which are en-suite.
The glorious main bedroom has a walk-in dressing room and an additional room which opens out onto the garden. This is a versatile space and can be used as a study, gym, or private sun lounge.
The welcoming entrance hall leads through to the living areas. The large dining room opens onto two covered high rafted patios, ideal for entertaining on a large scale, and the lounge which is surrounded by wooden stacking doors and windows, fully encompasses the garden. There is a quiet reading room or study off the living areas with lots of built-in shelving.
The kitchen which is the hub of the home is enormous. There is space for an eight seater table and chairs, lots of cabinets...
This north facing 100m2 garden apartment is just perfect.
It has been tastefully renovated into a contemporary style which would suit any discerning buyer.
There are three bedrooms or two plus a study. The main bedroom has built-in cupboards, a bay window with a view of the garden, and a gorgeous bathroom en-suite. There is a second bathroom with a shower. The other two bedrooms have built-in cupboards and lots of light.
The kitchen is well designed with space for three appliances, a versatile counter which has space for four high stools, ideal for entertaining, black slate floor tiles, a pantry cupboard and a double sink. The lounge /dining area is stylish with builtin bookshelves and opens directly onto the pretty covered patio which overlooks the garden.
There is excellent 24-hour security, fibre in the apartment, two parkings, one covered and one open and visitors parkings...
T: 011 788 0688
Registered with PPRA
T: 011 788 0688
Registered with PPRA
www.ennikestates.co.za