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Why estate agents ask so many questions about your financial standingFICA compliance plays a crucial role in ensuring that property transactions are legitimate and transparent. It protects both the buyer and the seller, while also helping prevent money laundering and other illegal activities. Mistakes to avoid when selling or buying a home For both buyers and sellers, preparation is key. Do your research, work with professionals, and take the necessary steps to protect your investment. With the right approach, real estate transactions can be smooth and successful."Property market reacts to unchanged repo rateHere’s what the SARB's Monetary Policy Committee's decision to keep the repurchase rate at 7.5% per annum, and the prime rate steady at 11%, means for those in the property market.