Role of an Agent

You might think it’s a breeze to sell your own property, but the world of real estate can be a tricky one to navigate if you’re not a seasoned professional. Here’s why you should consider getting a talented estate agent on board to help sell your property for a profit.

Agents know how to effectively communicate with a client

Sociable, savvy, and sophisticated – a good agent is one that has mastered the skills of communication and negotiation. Your agent should be patient and diplomatic, a pair of essential traits to possess when dealing with the property industry. Selling a house or plot of land can be a time-consuming activity, so employ an agent that you trust and are comfortable with.

Agents should be experts at the art of persuasion

This could be the difference between breaking even on your property or walking away with a profit. An estate agent should be able to analyse a property and give you an accurate estimation of its value. They must constantly keep their finger on the pulse of the property market. Work with an estate agent that listens more than speaks, and has a transparent work ethic.

A single seasoned agent is better than a team of rookies

Understanding the property market is just one of the several traits an estate agent should possess. They should also have mastery of legal and business issues. Agents have a firm grasp on current market prices, local real estate law, and brilliant organizational skills. Selling property can be overwhelming, especially if you’ve been sitting on it for awhile. Getting the right agent on board will rid you of the hassle of fishing for potential customers and landing a good deal.

A good agent has a “can do” attitude

Purchasing property is an expensive endeavour. This makes dealing with real estate customers an affair that requires supreme patience, persistence, and optimism. You’ll want to work with an agent that thinks outside the box and strongly believes in the value of your property. A good agent is willing to hop in their car and travel to multiple meetings with you and potential customers. They should be easy to contact, either via phone or email, and should respond promptly. A difficult sale should motivate your agent, not demoralize them. Now imagine doing all this work by yourself, without the diligence of an agent by your side. Daunting, isn’t it? Property finder Mauritius knows a savvy team of expert agents that are happy to answer your queries and help you with your real estate requirements who understand the project or property you are looking to buy. Get in touch today! 

Email Karen@propertyfinder.mu to help you find the perfect agents.

Being well prepared for your netWORK meeting will go a long way to making you feel more comfortable presenting yourself to a room full of strangers. But what do you need to take along to be prepared?

You can watch this video, or read on….

I like to have a netWORK folder ready and packed for my netWORK meetings. Inside this pack you will find the following:

Pen and paper – to capture details about the people I meet and what promises of referrals I have made to them.

Name badge- wearing my name tag makes others feel more at ease, the stress of having to recall everyone’s name is removed and we can relax a little more.

Business cards- although the objective is NOT to hand out 100 business cards, when you are asked for your details, being able to hand over a professional, easy to read card makes it a lot easier for the person asking.

Elevator pitch – what is the objective of me attending this meeting? How will I introduce myself in order to achieve this objective? Is it timed? Is it memorable? Keep a copy with you to look over if you need to. Nerves can do strange things to the memory recall!

Smile – people respond positively to a smile. Make sure you remember to take yours to your netWORK meeting. Building trust is impossible without it!

Friend/ business associate – yes, why not? Visitors bring energy to a meeting and keep all the members on their toes!

 

The last two things won’t fit in the folder, but they are very important to remember.
Likewise to remember to check where you are meeting and how long it will take to get there…factor the traffic in.

Arriving late is counter productive and will add to your stress. Rather leave early and arrive calm and prepared. Prepared to netWORK!

Denise Pitot
Owner of Mauritius Business Network

Hunting for Perfect Home

Finding where you want to live is half the battle, now you have to decide what you are looking for.
Do you envision yourself lounging with a glass of champagne in a luxe condo? Or do you want to live a picture-perfect life with your spouse and kids in a townhouse or villa? 
This section will walk you through what to expect from different types of homes.

Life in a condominium

The essence of modern living, chic apartments give traditional blocky houses a run for their money. Not only are these housing units more wallet-friendly than townhouses and villas, they require less general maintenance too! Tending to a compact urban garden on your balcony is a smaller chore than regularly mowing and manicuring a backyard and front lawn. 
A potential downside to apartment living is sharing with a community. That means shared walls, a communal parking space, and shared facilities like a gym and pool. You can also expect monthly maintenance bills from the homeowners’ association and occasionally a housing tax.

Life in a townhouse

If you can’t make your mind up between an apartment or house, a townhouse is the way to go. Financially, the cheapest townhouse on the market could potentially cost just as much as a condo, or even less if you’re lucky! They span across two floors and come with private parking. You can expect monthly bills from the homeowners’ association, but this saves you the hassle of having to maintain the building’s exterior. Townhouses come accessorized with a cute yard that you can repurpose into a BBQ courtyard, an outdoor lounge, an open-air bar, or a garden. Ideal for a variety of tenants – they’re perfect for couples or families with young children.

Life in a house

The biggest and most expensive option from the lot, a house is perfect if you love your privacy and independence. You won’t have to bother with homeowners’ association bills, but will have to shoulder the cost if something goes wrong with the place. You’ll have to personally invest in maintaining the lawns, the garden, and the swimming pool (if it comes with one). Some houses come with a fence that will thoroughly mark your house and the space around it as your very own. Houses tend to come with spacious lawns at the front and yards at the back, with ample space for a clubhouse, a swimming pool and jacuzzi combo, or a tree house for the kids. 
Houses are also the best dog-friendly option as they offer tons of running space. For rainy days when you can’t take your pooch out for a walk, they can stretch their legs and do their business in the backyard. A condo or townhouse would be too cramped a space for situations like this. You can also customize your house, piecing on additions and extensions over the years.

It’s all down to budget and space

What makes choosing a specific type of home an important decision is that they come in varying sizes. Your lifestyle and family determine the kind of home that’s right for you. Apartments and their compact layouts are ideal for single tenants or couples. Bring a pet into the mix, and a townhouse may be a better option. Add kids to that equation and the options will be boosted to houses and villas. Think about the minor details that impact your day-to-day comfort. 

Quiz yourself with these crucial questions

– Does your home have enough bathrooms to accommodate all the members of your family? 
– Let’s say you like to cook – is the kitchen spacious enough cook an elaborate meal? 

– If you want to launch a home-based startup, does your living space limit you to a foldable desk and bean bag or is there enough space for a fully-equipped home office? – Let’s say your home is an investment – is it located in an area that will keep up with the trends?
– Does your home have a separate space (like a nook or a yard) where you can hit the relax button?
– If you’re a social person, does your home have space to host parties and dinners?
– You’ve got a pet, is there enough room for them to expend their energy so they don’t resort to wrecking your furniture out of sheer restlessness and boredom?
– Does the building you’re moving into allow pets, smoking, loud music, BBQing on the balcony
– Are you happy to pay homeowners’ association fees for a shared property, like a condo?
– If you buy a house, can you comfortably afford the upkeep of its features? 

If this section has either inspired you to launch into house hunting or has left you with a bunch of questions about finding the right property, get in touch with Buying Mauritius. Our savvy team of real estate experts will address any queries you have, and will assist you in every way. 

Contact Karen@propertyfinder.mu

The biggest objective behind attending a netWORK event is to get people to remember you, and want to connect with you after the event (to ultimately pass on referrals). How can they do this is you are not memorable? What can you do to be UNFORGETTABLE? Worth giving it a few minutes of thought ahead of your next netWORK event?

Watch the video here.

Happy netWORKing
Denise Pitot

There is an etiquette to the way one gives and receives a business card. Not being aware of this, could have you offend the very person you wish to connect with.

 

Taking cards

The number one rule: Only take cards from people who you intend to connect with. Please do not take cards from everyone you come into contact with. There is no competition for the person who collects the most business cards! Taking someone’s card and not calling/contacting them does nothing to build your credibility.

Receive a card with 2 hands. It is a gift given to you. A person’s name is very important to them. They are giving you that AND their contact details. When receiving the gift, take a moment to look at the card, notice it before you put it away…and say “thank you”.

Make notes on the card to remind you of why you took the card (what do you need to action for this person?), or relevant information to help you remember your connection with them (eg details of the event and/or the person’s characteristics) Remember that some cultures frown upon writing on a business card, so be sure to ask permission or do it in private!

When you have a card- act on it. Make contact with the person and thank them for the connect or do what ever follow up you promised them. THEN, store the card safely for future reference…. you can use online APPs like CAMcard to save the information online.

 

Giving cards

The number one rule here is: NEVER handout cards willy nilly. This is like spamming people. It does nothing to strengthen a relationship. In fact, I’d go as far as saying that you should collect more cards than you give! Why would I say that?
When you take someone’s card, you show an interest in them (as opposed to thrusting your business at them).
When you have their details, you are in control of making contact with them (as opposed to waiting for them to make contact with you).

NetWORKing is about visibility and credibility… be visible, but build your credibility constantly. Taking cards and merely filing them in file 13, will make the netWORK event a waste of your time!

 

Denise Pitot
CEO, Mauritius Business Network

 

Your MBN membership can be likened to taking out a gym membership. You will never achieve your weight loss or body building or fitness goals if you don’t show up and if you don’t WORK hard.

It’s for this reason that I would like to remind you to take full advantage!
Always be thinking visibility and credibility.

 

First, it’s important to think about what your goals are:

  • Meet new people
  • Grow your contact base
  • Get referrals and grow your business
  • Build self-confidence or confidence in your product
  • Meet fellow entrepreneurs
  • Something else?

 

Now think about what you need to do to make that happen.

(You can checkoff the ones that are important to you to help you achieve your netWORK goal/s.)

Remember to always be thinking visibility and credibility.

 

  • Attend the meetings (Gives visibility)
    • Being at the meetings reminds people about you. It also gives you an opportunity to remind your ”sales team” about what you are looking for that month and how they can assist you.
  • Use the Facebook group (Gives visibility)
    • The Facebook group is for anyone. If I see a testimonial, I will share it on the Facebook page as well. So, if you have received good service from a fellow member, let us know. Share your business info with us on the group.
  • Keep your advert fresh and up to date on the website (Gives visibility)
    • You can refresh your advert, add video and new photos as often as you like. This keeps your advert fresh and at the front of the directory. Take advantage of this benefit and update regularly.
  • Do the HTNLP (How to netWORK like a pro) training (Gives credibility)
    • This course will help you to understand the benefits of netWORKing, how to effectively netWORK and give you tips and tricks to get the most from your netWORK events. A must for all new netWORKers and those wanting to take their netWORKing to the next level. We are currently working on an online version. We’ll keep you posted.
  • Offer a special to your fellow members (Gives visibility and credibility)
    • We already have a lot of special offers for you as a member to take advantage of. By using your fellow member, you get great rates and you get to sample their service making it easier to refer them. Give your fellow netWORKers the same benefit by offering something in return. It also gives you additional exposure on the “partners” page as well as the “home page”.
  • Write a BLOG (Gives visibility and credibility)
    • Writing a blog about something relevant to business people in your network, will let them know that you are an expert in your field and gives them the confidence to refer you with pride and ease.
    • Login to the website to submit yours today!
  • Add your events to the website (Gives visibility and credibility)
    • Login to the website to submit your events
  • Have coffee connects
    • Having coffee with members outside of the netWORK events is a great way to strengthen and deepen the business relationship. It helps you to understand more about how you can help each other to be more successful.
    • I suggest having one per week.
  • Give testimonials and say thank you
    • At the end of our netWORK meeting, there is an opportunity for testimonials and thank yous. Think about whose services you have used in the past month, if they did a good job, give a verbal testimonial. It is incredibly powerful for them and you. You can follow that up with a written testimonial for Facebook or our testimonial book.
    • Saying “thank you” shows your appreciation to whoever helped you to receive. This could be business, but it could also be a thank you for achieving the netWORKing goals you set yourself. A reminder that you are on the right track!

You do not have to do all of these at once but decide what you need to do and then start doing it!

Feel free to discuss any of these points with me in more detail.

Denise Pitot
CEO and founder of Mauritius Business Network

Mauritius is naturally blessed with permanently pleasant weather, an abundance of resources, a smooth-sailing political environment, and a rich cultural heritage. But the island has more to offer than just postcard-perfect conditions. Not only do non-citizens unlock the opportunity to reside in the country upon investment, they can apply for a Mauritian passport five years later. Whether you’ve got a startup venture brewing or have just retired, this tropical country has something for everyone. Here’s what you need to know about buying in Mauritius.

Buy your ticket to Mauritian residency

Under the Property Development Scheme (PDS), a non-citizen becomes eligible for a residency permit upon investing 500,000 USD in Mauritian property. The country has a good international reputation, in terms of its tax scenario, with rates as cost-effective as 15%. After owning property for five years, a non-national resident has the option of applying for a Mauritian passport. 
Government regulations are as relaxed as the island’s lifestyle – allowing expat residents to flex their entrepreneurial talent. In addition to year-round sunshine and flawless beaches, Mauritius boasts a highly structured economy. It was ranked the best-performing country in Africa in a 2016 report published by The World Bank. Residents can conduct business globally, with no hidden fees.

Getting acquainted with Mauritian law

While non-citizens are allowed to rent freely, purchasing property is a different story. This is where the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES) step into the picture. Committed to granting foreigners their dream life on a tropical island, these real estate authorities overlook the construction of luxury residential complexes. Mauritius houses a wealth of premium apartments, extravagant holiday homes, and glamorous resorts estates. 
Each authority has a distinct project style – the IRS typically commissions multiple blocks of villas designed for families, containing three to four bedrooms each. These residential communities tend to be situated close to main roads, gardens, public parks, and entertainment arenas. The RES takes a humbler approach with its residential projects, mainly producing apartments and cluster homes. While they’re built with premium materials, they’re typically equipped with fewer facilities. 

A glimpse of everyday life in Mauritius

A cultural melting pot with a deep history, Mauritius boasts an inclusive society. Lives are dictated by hedonistic pursuits as the island is teeming with countless outdoor activities. The country is evolving at an admirable pace, attracting the attention of international powers like The World Bank. The country is dotted with private schools, luxury resorts, well-equipped hospitals and medical centers, spacious shopping malls, and much more. Given its mixed historical background, a variety of native languages forms the patchwork of the country’s mother tongue. These range from Indian dialects and Mauritian Creole to English and French. Socializing plays a significant role in everyday life, and mainly revolves around food culture and immersing oneself in nature. 

Mauritius has a plethora of perks and is the perfect place to start the next chapter of your life. 
Email Karen@propertyfinder.mu

Finding where you want to live is half the battle, now you have to decide what you want to live in. 
Do you envision yourself lounging with a glass of champagne in a luxe condo? Or do you want to live a picture-perfect life with your spouse and kids in a townhouse or villa? 
This section will walk you through what to expect from different types of homes.

Life in a condominium

The essence of modern living, chic apartments give traditional blocky houses a run for their money. Not only are these housing units more wallet-friendly than townhouses and villas, they require less general maintenance too! Tending to a compact urban garden on your balcony is a smaller chore than regularly mowing and manicuring a backyard and front lawn. 
A potential downside to apartment living is sharing with a community. That means shared walls, a communal parking space, and shared facilities like a gym and pool. You can also expect monthly maintenance bills from the homeowners’ association and occasionally a housing tax.

Life in a townhouse

If you can’t make your mind up between an apartment or house, a townhouse is the way to go. Financially, the cheapest townhouse on the market could potentially cost just as much as a condo, or even less if you’re lucky! They span across two floors and come with private parking. You can expect monthly bills from the homeowners’ association, but this saves you the hassle of having to maintain the building’s exterior. Townhouses come accessorized with a cute yard that you can repurpose into a BBQ courtyard, an outdoor lounge, an open-air bar, or a garden. Ideal for a variety of tenants – they’re perfect for couples or families with young children.

Life in a house

The biggest and most expensive option from the lot, a house is perfect if you love your privacy and independence. You won’t have to bother with homeowners’ association bills, but will have to shoulder the cost if something goes wrong with the place. You’ll have to personally invest in maintaining the lawns, the garden, and the swimming pool (if it comes with one). Some houses come with a fence that will thoroughly mark your house and the space around it as your very own. Houses tend to come with spacious lawns at the front and yards at the back, with ample space for a clubhouse, a swimming pool and jacuzzi combo, or a tree house for the kids. 
Houses are also the best dog-friendly option as they offer tons of running space. For rainy days when you can’t take your pooch out for a walk, they can stretch their legs and do their business in the backyard. A condo or townhouse would be too cramped a space for situations like this. You can also customize your house, piecing on additions and extensions over the years.

It’s all down to budget and space

What makes choosing a specific type of home an important decision is that they come in varying sizes. Your lifestyle and family determine the kind of home that’s right for you. Apartments and their compact layouts are ideal for single tenants or couples. Bring a pet into the mix, and a townhouse may be a better option. Add kids to that equation and the options will be boosted to houses and villas. Think about the minor details that impact your day-to-day comfort. 

Quiz yourself with these crucial questions

– Does your home have enough bathrooms to accommodate all the members of your family? 
– Let’s say you like to cook – is the kitchen spacious enough cook an elaborate meal? 

– If you want to launch a home-based startup, does your living space limit you to a foldable desk and bean bag or is there enough space for a fully-equipped home office? – Let’s say your home is an investment – is it located in an area that will keep up with the trends?
– Does your home have a separate space (like a nook or a yard) where you can hit the relax button?
– If you’re a social person, does your home have space to host parties and dinners?
– You’ve got a pet, is there enough room for them to expend their energy so they don’t resort to wrecking your furniture out of sheer restlessness and boredom?
– Does the building you’re moving into allow pets, smoking, loud music, BBQing on the balcony
– Are you happy to pay homeowners’ association fees for a shared property, like a condo?
– If you buy a house, can you comfortably afford the upkeep of its features? 

If this section has either inspired you to launch into house hunting or has left you with a bunch of questions about finding the right property, get in touch with Buying Mauritius. Our savvy team of real estate experts will address any queries you have, and will assist you in every way. 

Contact Karen@propertyfinder.mu


The Property Development Scheme (PDS), which has replaced the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora. When you purchase a PDS property in Mauritius, which price shall exceed $500 000 (approximately 370 000 euro), an individual permanent resident permit will be granted. With Notary fees at only 1.5% and addition VAT which is 15% . Rental income for non-residents is taxed at a flat rate of 15% and Income-generating expenses are deductible when computing for the taxable income. Double taxation is avoided by means of a tax credit allowed for tax paid in the other state. The treaty, as well as Mauritius tax law, provides for credit in respect of underlying tax relating to dividends and tax sparing relief for tax exemption or reduction granted by a state. No capital gains tax is levied in Mauritius, gains from the sale of shares are taxable only in the country where the shareholder is resident. While Mauritius does not levy capital gains tax, any gain or profit from the sale of securities or units is specifically exempt from income tax.Reasons to Buy In Mauritius 

Here is what you need to think about before you walk out the door to your next netWORK meeting….
Denise Pitot shares tips to make netWORKing more effective AND fun.