The underlying trust… is what underpins the success of family-run businesses.— Herschel Jawitz, Jawitz Properties
No property conversation would be complete without looking at the Western Cape and Cape Town. There’s just a different level of confidence about the Western Cape and the long-term sustainability of that market.— Herschel Jawitz, Jawitz Properties
If you’re looking for good capital growth year after year the Cape Town market is one of those could’ve, would’ve, should’ve, didn’t. And it’s proven itself to be that over many, many years.— Herschel Jawitz, Jawitz Properties
On 3 May 1969 Eskel Jawitz – a medical rep at the time - opened the first Jawitz Properties branch.
Eskel Jawitz’s inspired career change was motivated by, upon shopping for his first home, the terrible service he received from estate agents.
Today Jawitz Properties has 61 offices around South Africa.
It also has offices in Mauritius.
Eskel Jawitz still plays an integral role in the business.
His son, Herschel, is the CEO.
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
I remember my father coming home very late at night.— Herschel Jawitz, Jawitz Properties
It’s myself and my father, and one non-family shareholder.— Herschel Jawitz, Jawitz Properties
It [a family-run business] is fraught with danger.— Herschel Jawitz, Jawitz Properties
Everyone expected a gradual contraction; then the residential market fell off a cliff. It was a perfect storm that required pretty radical consolidation.— Herschel Jawitz, Jawitz Properties
We called in a family business specialist to give us an independent, unemotional view.— Herschel Jawitz, Jawitz Properties
Your northern suburbs [in Johannesburg] are evergreen.— Herschel Jawitz, Jawitz Properties
Get into the market; especially now while it’s a buyers’ market.— Herschel Jawitz, Jawitz Properties
There is a genuine shortage of first-time buyer, entry level properties.— Herschel Jawitz, Jawitz Properties
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