Annual Market Report 2020: COVID-19 impact revealed
2020 won’t be forgotten anytime soon. Individuals, households, businesses and whole industries had to adapt to the threat of COVID-19 and deal with unprecedented uncertainty.
Rental growth is showing signs of stabilising, and it is just possible that we have turned the corner at last. We also have some good news on the provincial front.
In the first of two case studies, RE/MAX brokerage owner David Rodgerson shares how he grew his portfolio to almost 1 000 properties with PayProp. And in the next, Precious Thoka of Thoka Properties tells the story of how he went from residential rental sceptic to true believer after seeing the power of payment automation.
At a time when everyone is reining in spending, landlords might wonder if paying agent commission is such a good idea – but in today’s market conditions, a good agent is worth their weight in gold, as our final article shows.
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