Over the past year, we've refined a truly unique model designed to empower high-performing property professionals with the freedom, tools, and reward structure they deserve.

The Executive Property Summary

APRIL 2025 Recap Edition

Dear {{contact.first_name}}

Are you ready to take your real estate career further, faster, next level?

Over the past year, we've refined a truly unique model designed to empower high-performing property professionals with the freedom, tools, and reward structure they deserve.

At Grove Properties, we offer:

  • Up to 85% commission on sales

  • Industry-leading commission on rental placements and property management

  • Recurring monthly income from management mandates

  • A supportive, ethical team culture where top performers can thrive

We’re currently expanding across the Western Cape, and we're looking for dynamic agents who are serious about building their brand, increasing their income, or even starting their own team within a future-focused agency.

Whether you're exploring your next move or ready to take a leap, we invite you to connect with us and come for a confidential interview. Let’s talk about how we can support your career development.

👉 Learn more: www.propertyheroes.co.za

💼 Know Someone Looking to Buy or Rent?

We also offer a 10% referral commission to anyone who refers a client that results in a successful sale or lease placement — the highest referral incentive in the industry.

If you know someone in the market, put them in touch and earn while helping them find the right home or investment.

As for the market...

April was a quieter month, with the public holidays giving many of us a well-deserved breather. Still, there were key developments worth keeping on your radar.

📌 Find some news highlights from the past month below!

Yours in property 

Jacques Grove

Principal and Dreamer

ECONOMIC NEWS

Cape Town responds to fury over 20% rate hikes.

The City of Cape Town’s proposed 2025/26 budget has sparked some backlash, particularly regarding property rate increases for higher-valued homes.

Solar registration fees will lead to more people permanently leaving Eskom.

One of the big tests of whether Eskom will survive in anything like its current form is how it will deal with customers who now have other electricity options. Its plan to charge residential customers with solar installations irrationally large registration fees may mark a significant step in Eskom’s death spiral.

PROPERTY MARKET NEWS

Mont Reve development secures over R500 million in sales within 24 hours.

It is reported that the online sales event, held on 26 March 2025, saw a staggering 89 out of 94 luxury apartments sold, with the highest-priced unit commanding an impressive R23.9 million.

Legal challenge against Eskom solar price pain.

AfriForum has sent a lawyer’s letter to Eskom demanding clarity on the mandatory registration of small-scale embedded generators (SSEG) and associated regulations.

South Africa's housing crisis: Why 2.2 million homes are needed immediately.

South Africa has a housing supply backlog of at least 2.2 million units, with a significant shortage in the affordable housing or “gap market”, according to a recent study by the Centre for Affordable Housing Finance.

PROPERTY INDUSTRY NEWS

Warning to South Africans looking to buy a house in a security estate.

While there are many benefits to living in a security estate or sectional title development, prospective buyers are urged to consider all the costs of such properties.

Landmark judgment on evictions in Johannesburg.

The Gauteng High Court has ordered the City of Johannesburg to pay out a property company because of a delay in providing alternative accommodation for families living in the company’s “hijacked” building.

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