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Diversity: The Art of Thinking Independently Together

The Real Estate Dreams Reality

As one of the largest providers of residential property in South Africa, Renprop, which was established in 1983, has been involved in over 49 residential development projects equating to 6 000 sectional title units that have been delivered to the market. 

Offering divisionalised diversity with an integrated management structure, Renprop is the only multi-faceted property services company in the country. Its divisions include residential and commercial development projects, which are undertaken through the formation of a strategic joint venture alliance with Probuild Construction Group, which was formalised in 2007 to become a jointly-owned company, Space Developments. Other divisions within the Renprop group include residential sales and rentals, commercial broking, property management and an affordable housing arm in partnership with Old Mutual. 

As sectional title sales specialists, Renprop Residential has three main areas of focus: sales within new developments for both Space Developments and external developers, residential sales in the sectional title market and residential rental management.

Renprop Residential has experienced a strong uptick in all areas of residential property, with a marked increase in enquiries from both buyers and sellers. In fact, Renprop Residential reports a 40%-50% increase in interest in the first six months of 2012 compared to the same period in 2011. Russel Peach, residential sales manager at Renprop Residential, says that a shortage of second hand stock is currently driving the demand, with properties priced in the R800 000 range the most active and in demand. “Some of these properties turn around in less than half the average industry time of 48 days,” he says, “which is a clear indication of the level of demand for quality sectional title units.” 

As a part of its fully integrated approach to residential sales, and as market leaders in the field of sectional title, multi-unit lifestyle estates, Renprop Residential is able to assist buyers with the facilitation of bond finance, and offer a professional liaison service between the buyer, conveyancing attorneys and other necessary parties until transfer takes place. 

Renprop Residential is currently looking for motivated, professional agents to assist in the residential sales sector. Renprop offers its agents access to key information in order to source clients from within sectional title developments as well as a full sales administration function to back them up. Aside from an office cubicle and full workstation, agents are also provided with comprehensive marketing support including creating all related advertising, flyers and sales boards at no cost to the agent. 

Renprop Residential also offers its agents a competitive commission structure with target based incentives to allow for higher earnings. Motivated, professional and innovative agents who are looking to further their careers should contact Russel Peach at Renprop Residential to find out more about the amazing opportunities this diverse and established company has to offer.

Renprop - The Link Aerial Renprop - The Link Close-up











The Link has defied current trends with over 70% of this Rivonia development sold out to date