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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
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.
The Transfer Attorney
1. Deposit paid
2. Application for bond cancellation figures and Title Deed
3. Application for rates clearance/ levy clearance
4. Seller and Purchaser sign documents
5. Purchaser pays transfer costs
6. Receives rates clearance/ levy clearance
7. Receives cancellation figures and gives to Bond Attorney
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
Lodgement in Deeds Office
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
5. Bond attorney issues guarantees
6. Bond attorney hands guarantees to Transfer Attorney
1. Deeds examined Deeds passed / rejected Deeds registered Attorneys finalise finances and account to Seller and Purchaser and advise council/body corporate of registration
Special thanks to Faurie Nel Inc. - Attorneys Notaries Conveyancers https://www.freepik.com/free-photos-vectors/business’>Business vector created by ibrandify
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.
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
2 BEDROOM APARTMENT FOR SALE IN ILLOVO | 2 Atherstone Road | R1 795 000
This exquisitely designed two-bedroom northfacing apartment boasts a truly stunning, lightflooded entry passage that welcomes you into the space.
The fully equipped open-plan kitchen is embraced by a natural gas stove, which proves invaluable during load shedding. The kitchen leads effortlessly into a tastefully decorated dining area and lounge, and onto a private outdoor haven wrapped in lush foliage, which is perfect for entertaining, barbecues, or a serene retreat for reading and relaxation during balmy summer days.
The chic and sophisticated guest suite with its open-plan shower offers a refreshing sense of spaciousness, while the main bedroom is an efficiently stylish bohemian sanctuary. Featuring a semi open-plan design and a delightful freestanding bath, as well as ample closet space, this room allows for optimal freedom of movement. This impeccably maintained complex, with its remarkable garden...
T: 011 788 0688 www.ennikestates.co.za Registered with the PPA
2 BEDROOM APARTMENT FOR SALE IN BIRDHAVEN | 36 North Street | R1 400 000
2 bedroomed Solar equipped apartment in Birdhaven
Gorgeous new release! This north facing apartment has been totally renovated and is just perfect.
The spacious lounge and dining room are open plan and lead out onto a huge, enclosed balcony which has aluminium sliders that bring the ‘outside in”. There is an entire wall of bespoke bookshelves and cupboards, and gleaming parquet flooring add to the ambience of the living areas.
The kitchen is delightful with new contemporary cabinets, a gas hob, space for three appliances and tiled floors.
The two bedrooms are a great size with the main also having access to the enclosed balcony, an area that could easily be used as a study. The main has built in cupboards, and a fabulous bathroom en-suite. The second bedroom has an adjoining shower room with a basin and a separate cloakroom. Both have parquet flooring...
Kitchen - Renovated, Kitchen - Gas hob, Designer pool for water feature, Burglar bars, WiFi / Fibre
Danielle Carpede 084 300 4020
danielle.carpede@ennikestates.co.za
T: 011 788 0688 www.ennikestates.co.za Registered with the PPA
www.ennikestates.co.za