Property Newsletter | November 2023

From idle data to competitive advantage

In the near future, an estate agent will know who will list a property on the market in an area, and at what price, because AI-driven insights products will say so. Similarly, data will help a car dealer understand which vehicle and value-added products will provide the most joy to a specific customer on their floor while optimising their profit. Transforming data into insights is however the key and the more complex and uncertain the world gets the greater the demand for crystal clear insights. And this is what Lightstone does in both the Property and Auto industries. Hear more from Lightstone’s Chief Analytics Officer, Paul-Roux de Kock. And talking about data insights, our final province-focus article hones in on the Free State

Superpower decision making

The purpose of building data sets and unlocking insights, in Lightstone’s world, is to enable our clients with “superpowered” decision making abilities when using our products to build a competitive advantage in their business.

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Mid to lower prices dominate in Free State

There are 115 000 non-residential properties and 540 000 residential properties. Of the residential properties in the Free State. 25% are valued at more than R500k, 10% at more than R1m and just 1% are within Estates, and 7% within Sectional Titles.

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Lightstone Property Market Insights Webinar

All Lightstone Property clients are invited to attend the Lightstone Property Market Insights Webinar on 28 November 2023 from 09:00 to 10:00, where we look back at 2023, and ahead to 2024.

Why should you attend?
After a challenging year for property professionals, find out more about the property market’s performance over the past year as revealed by Lightstone’s House Price Inde.  Our expert panellists will also share property inflation expectations for 2024 and discuss innovations designed to empower Estate Agents to achieve even greater success in the coming year.

We look forward to engaging with you as we head towards “twenty-twenty-MORE”!

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Happy reading!

"As a Property Practitioner, Lightstone Toolkit is the quickest and most convenient source for information on property.”
Rian Booysen, Everitt

“Toolkit is one of the best and most user-friendly system I have come across. It hardly goes offline and is good value for money. I get everything I want from Lightstone.”
Julia Sefuthi, DPG Property Group