CHOPROP - Company Profile

Company Background

CHOPROP is a South African based Real Estate Group, specializing in property within the emerging and mainstream Real Estate market. CHOPROP has a proud history of experience with an unbeatable record of success on concluding an umpteen number of deals since its inception in July 2007. CHOPROP was founded by husband and wife team Yusuf & Shazia Essa, local entrepreneurs who started from humble beginnings.

The company was formed after the couple decided to take their Sunday afternoon house-hunting hobby to another level. What started in a garage, from a home business, has now become an International Multi-Award Winning Brand and “House-Sold” name in Property. The couple’s initial idea was to BUY, SELL and LET property as investors. A few years later their brainchild “CHOPROP” evolved into one of the largest independently owned B-BBEE (Broad- Based Black Economic Empowerment) Real Estate groups in South Africa. CHOPROP continues to effectively and expertly market and develop property investments in some of the country’s most desirable locations.

CHOPROP having recognized the unparalleled property investment opportunities in South Africa and throughout the world, can now proudly offer its clients innovation on all its on and off-plan properties in all sought-after regions.

CHOPROP proudly provides a wide spectrum of services within its diverse and multi-faceted business. CHOPROP offers its clients innovation in property sales and acquisitions by providing its clients with luxury residential and commercial properties for a safe, secure and profitable investment. CHOPROP also offers unrivalled services on letting, leasing, property management, asset management and specialised financial investment products, with a passion for perfection and commitment to excellence in all areas of service delivery.

Whilst CHOPROP showcases a multi–billion rand sales portfolio, it also manages and administrates a sizeable commercial and residential portfolio nationally.

CHOPROP has further extended its business reach in the market place through franchising. With a plan to roll-out approximately 300 franchises over the medium to long term and the current upturn in the developing property market we feel it is the right time to bring other operators on board. Franchisees will also benefit from leveraging off the successful CHOPROP brand.

CHOPROP is a member of SAPOA and is registered with the Estate Agency Affairs Board.

CHOPROP is 100% black owned and is a B-BBEE contributor.

Company Overview

Since the establishment of CHOPROP Sales and Letting in 2007, a number of subsidiaries were formed to manage CHOPROP's growth and portfolio of property related service offerings in a more focussed manner. CHOPROP Sales and Letting, under which the core activities of the company have been managed, is a level 2 B-BBEE contributor with a 125% procurement recognition level.

The following entities rest under the roof of CHOPROP Holdings SA (Pty) Ltd:

  • CHOPROP Sales & Letting (Pty) Ltd
  • CHOPROP Auctioneers (Pty) Ltd
  • CHOPROP Property and Asset Management (Pty) Ltd
  • CHOPROP Franchising (Pty) Ltd
  • CHOPROP Financial Services (Pty) Ltd
  • CHOPROP Development & Construction (Pty) Ltd
  • CHOPROP Media Services (Pty) Ltd
  • CHOPROP Business Brokers (Pty) Ltd
  • Bond 001 (Pty) Ltd
  • Doctor Homes (Pty) Ltd
  • The CHOPROP group’s portfolio of services include:
  • Property Sales
  • Property Letting
  • Business Brokerage
  • Property Auctioneering
  • Mortgage Origination
  • Property Administration
  • Property Management
  • Property Asset Management
  • Property Valuation Services
  • D istressed and Repossessed Properties FOR SALE
  • Facilities Management
  • Logistics Services
  • Property Consulting
  • Property Development
  • Corporate Real Estate Services
  • Lease Audits
  • Due Diligence
  • Skills development

Our Mission

Ultimately leaving people better off than when we find them.

Vision

Leading in the Real Estate market, by being the Provider-of-Choice, through trustworthy relationships & a distinctive customer experience.

Our Commitment

CHOPROP is committed to achieving the highest efficiency and service delivery levels with no compromise on our ethical standards and code of conduct.

Our Values

Trust, Integrity, Honour, Professionalism and Understanding are words we live by as we believe this is the make-up and foundation of our internationally well-known and reputable brand.

Our People

The CHOPROP team is made up of highly trained, skilled individuals who are helpful, reliable, persistent and passionate service driven professionals who are serious about service delivery.

Directors

CHOPROP and all its agents and directors are registered with the Estate Agency Affairs Board of South Africa and as such the business, the directors and the agents hold a current and valid Fidelity Fund Certificate (FFC). This ensures that all our clients receive the benefit of protection from the Fidelity Fund.

Yusuf Essa

Chief Executive Officer

Yusuf, popularly known as Choppee, an entrepreneur who started his business career in the Marketing field – initially as brand manager at Kwality Biscuits, for a period of five years, after which he started his own business in the wholesale FMCG (Fast Moving Consumer Goods) market, called Plan Marketing. This business which marketed and distributed general merchandise to a network of 600 stores countrywide was later franchised and then sold in order to pursue another opportunity in the retail sector. In the year 2000, Yusuf launched a retail cash and carry business within the informal sector in the heart of the North West Province, called Kwiksave. This business employed ±70 staff and ran successfully for a period of eleven years. Having achieved much success it was time to move on again – when a Sunday afternoon house hunting hobby was taken to another level. Together with his spouse, Shazia Essa, they made their entry into the real estate market and CHOPROP was born. With the fast growing business at CHOPROP, Yusuf’s other business with the Vodacom retail outlets had to be sold, to devote more focus to his real estate business career. CHOPROP’s numerous International Awards and accolades are clear proof of Yusuf’s leadership skills and the driving force behind their successful business.

Shazia Essa

Principal

A qualified physiotherapist who made a career change, from having a private practice to business management in the retail sector – Shazia joined Yusuf and helped with the management of his various business ventures. Having a passion and flair for property, Shazia joined ERA Real Estate, South Africa as an agent, in 2006. On noticing the niche’s and gaps within the real estate market, Shazia joined her husband in CHOPROP in 2007 to grow the business. Shazia is currently the co-principal on record for CHOPROP and overlooks all aspects of the company’s business and administration.

Services

We specialise in:

Property Sales

  • Residential & Commercial Property Sales
  • Bond Origination
  • Business Brokerage
  • Valuations
  • Auctioneering
  • Distressed and Repossessed Properties

Letting

  • Commercial and Residential Letting and Management
  • Rental optimisation
  • Careful screening of Tenants (including TPN, Trans-union and Experian credit bureaus)
  • Ensuring adequate deposits are received and topped up as required
  • Finalizing and signing of all lease documentation including inspection and handover
  • Monthly Statements and Invoices to tenants
  • Disbursement of Payments
  • Re-letting and Renewals
  • Property Vacancy and Redundancy Rescue
  • Property administration

Property Asset Management

  • Portfolio performance analysis
  • Maximise return on investment
  • Property Acquisitions and Disposals
  • Capital Preservation – property upgrades and extensions
  • Drafting Property Policies – acquisition/disposal of property
  • Drafting Reports – investment proposals – portfolio performance/analysis

Property Management

  • Management of leases
  • Marketing of vacancies
  • Management of Tenant Installation and fit-outs
  • Tenant Management: Lease renewals, management of rental collection and arrears, management of tenant-landlord relationship.
  • Building Management: ensure building upkeep – repairs & maintenance, inspection reports, re-instatement of premises
  • Financials: budget preparation and forecasts
  • Debt management
  • Management of expenses.
  • Portfolio Planning: drafting of 5 year building plans & budgets
  • Reporting: Preparation and presentation of monthly portfolio performance reports
  • Market Research
  • Marketing & Letting Strategy
  • Retail Property Management: Market research; shopping centre upgrades/refurbishment; tenant positioning/profile/mix; target market profile; needs analysis; centre marketing & promotions; advertising; centre positioning – market competition; monitor centre foot count; merchants association meetings
  • Property Administration

Valuations

  • Market Valuations on Commercial, Industrial, Retail, Residential and Vacant Land
  • Comparable Sales analysis
  • Investment Analysis
  • Rental Analysis

Corporate Real Estate Services

  • Portfolio Analysis
  • Portfolio Planning
  • Space Management/Utilisation
  • Optimisation
  • Cost Reduction & Containment
  • Cost per square meter analysis
  • Capital Preservation
  • Letting & Leasing Services
  • Information Management
  • Property Disposal/Acquisition
  • Strategy

Property Development

  • Commercial, Industrial, Retail and Residential projects
  • N eeds Analysis
  • Feasibility Analysis
  • Site procurement
  • Liaising with industry professionals – Valuers, Quantity Surveyors, Investment Managers/Analysts, Architects, Brokers
  • Project management
  • Finance Management

Support Services

Corporate Real Estate

CHOPROP Property and Asset Management(Pty) Ltd

Armed with a wealth of experience and a dynamic support base there's no need to look any further. We have every corner covered, under one "roof" - from finding the right Place in the right Position at the right Price through to maximizing return on investment by strategic and tactical planning of the asset and upkeep of the investment through swift decision making and streamlined processes.

Repairs and Maintenance and Logistics

Dr Homes (Pty) Ltd

This is a subsidiary company of CHOPROP Holdings SA (Pty) Ltd. that specializes in home inspections, general maintenance, pre-paid meters, cleaning, plumbing, electrical and repair services. Dr Homes offers all its clients a professional and dedicated service to property repair and maintenance issues. Dr Homes offers Free House calls and no call out fees to its clients, 24/7.

CHOPROP Logistics

Buyer/Seller/Tenant Relocation and removal services.

Mortgage Origination

Bond001 (Pty) Ltd

Another subsidiary of CHOPROP Holdings SA (Pty) Ltd. This is our in-house bond origination company, which trades under the name of BOND 001 (Pty) Ltd. This bond origination service deals with all major financial institutions.

BOND 001 (Pty) Ltd works exclusively with all CHOPROP clients, to assist them in obtaining the best possible finance deals, including interest rates and deal structures. Please visit the website at www.bond001.co.za

Insurance and Financial Services Products

CHOPROP, as an independent contractor for OLD MUTUAL, is able to offer their clients competitive rates on Long Term Insurance (Life, Disability & Illness), Short Term Insurance (Home-owners Building Cover, Household Contents & Vehicles), Estate Planning (Wills & Last Testament), Retirement Planning (Annuity, Pre- Retirement & Post Retirement) and Medical Aid (Hospital Cash Back, Gap Cover & various Key Care Plans).

Auctioneering

CHOPROP's Auctioneering division frequently hosts Multi-Property, Multi-Million Rand Auction Disposals, showcasing a diverse range of commercial and residential properties. This method of selling under the hammer, fast tracks sales results for our sellers. The sellers find it quick and convenient that properties are not kept on the market for long periods of time. Buyers attending the auction find good value in the properties that are professionally presented and showcased at our auctions. The benefits to our clients include a fast sale, whereby market related prices are achieved and the seller pays no commission on standard auctions. Commission is due and payable by the purchaser upon fall of the hammer.

Marketing and Advertising

Mobile Technology

Our unique BBM barcode is displayed on all online and traditional advertisements, Blackberry group area advertising campaigns, mobile client networking database groups with BBM services and WhatsApp cell phone applications. Our clients are able to remain up to date with all the happenings and latest stock availability and keep in contact with us at the same time. Our properties are marketed on South Africa’s leading online portals, including our very own website www.CHOPROP.com.

Furthermore we also advertise on www.iol.co.za, www.privateproperty.co.za, www.property24.com and other Tivvit online feeds that supply a total exposure in excess of 20 leading marketing portals, thus enabling our clients to receive excellent online exposure throughout the world-wide-web network. For our clients convenience we have a custom developed smartphone application.

Print Media

We promote our properties in local and national news publications.

Social Media

We showcase our portfolio on various social media platforms, including Facebook, Twitter, You Tube, LinkedIn, MySpace, Google+, Blackberry and WhatsApp messaging services, within local and international communities. CHOPROP also participates frequently in all community initiatives within the emerging market sector, such as bazaars, fete’s, fundraisers, etc.

Cellphone Application

The CHOPROP mobile platform application - which is custom designed and tailor made to suit our business & our clients. The App enables our clients to stay in touch with us and interact with our agents. It enables our clients to stay abreast of the latest happenings and new stock entries, whilst ensuring that our friendly and easy going staff members are all always constantly in tune, in touch and connected.

Outdoor Advertising

CHOPROP makes use of many outdoor advertising mediums nationally, such as: on billboards, advertising bins, vehicle advertising, street poles, etc.

Membership of Professional Bodies

Estate Agents Affairs Board (EAAB)

The Board is the industry regulator for the South African Real Estate Industry. Membership provides security to our clients. Our company and our agents receive an annual Fidelity Fund Certificate, this ensures that our clients remain protected against any fraudulent activities. Clients are insured and covered for any claim by the fidelity fund. Registration ensures maximum legal compliance to the laws in South Africa.

SA Institute of Auctioneers (SAIA)

Membership to this body ensures only the best property auctioneering principles and marketing techniques employed by our business. This body sets the standard for auctioneering in South Africa.

Institute of Estate Agents Association of South Africa (IEASA)

CHOPROP’s Principal is registered with the institute of estate agents of South Africa. It is the vision of IEASA to be a “voice“ for its members and the Real Estate sector as a whole and engaging positively with other Industry stakeholders like the major lending institutions, the EAA B, SSETA and various government sectors.

Tenant Profile Network (TPN)

TPN provides up-to-date data on tenant credit profiles, ensuring that all our clients, including landlords and investors, investments are secure by placing tenants with a history of paying their financial commitments diligently.

South African Property Owners Association (SAPOA)

SAPOA is the representative body and official voice of the commercial and industrial property industry in South Africa.

CHOPROP Academy of Learning

CHOPROP provides skills development to all our new and existing agents, trade partners and franchisees. Courses are also made available to the public at large at a nominal fee. This has been a tremendous benefit to the business as it has helped us recruit well-trained individuals into our team and it also assists in mentoring our existing agents.

CHOPROP’s intention is to empower individuals who are committed, energetic and competent to become a part of this professional real estate industry. CHOPROP is intend on extending their services to the emerging market and previously disadvantaged communities with an ultimate goal of empowering job and wealth creation, at the same time. It is our intention at CHOPROP to eliminate any barriers that allow entry into the property industry, thereby changing lives and making a positive contribution to the economy.

Social Responsibility

CHOPROP's Mission is to "Creating value by leaving people better off then we find them."

We are firm believers in giving back to the people both locally and at large.

Initiatives:

  • "We say no to Agents Commission" as our corporate social responsibility for pensioners, widows, divorcees, single parents and orphans. This initiative is a fixture "free of charge" to all qualifying applicants, during the month of CHOPROP's Birthday anniversary.
  • CHOPROP in association with various NPOs, supports Fund-Raiser events, related to Purposeful Giving toward destitute woman, children and disadvantaged communities.
  • CHOPROP hosts Fund-Raiser Auction events, in support of Cancer Care and Cancer Awareness.

Business /Service Recognition

International Property Awards for:

  • BEST PROPERTY CONSULTANCY – South Africa
  • BEST PROPERTY CONSULTANCY – Africa
  • BEST PROPERTY CONSULTANCY, MARKETING – South Africa
  • BEST PROPERTY CONSULTANCY, MARKETING – Africa
  • REAL ESTATE AGENT – South Africa
  • REAL ESTATE AGENT – Africa
  • HIGHLY COMMEND ED LETTING S AGENCY – South Africa
  • HIGHLY COMMEND ED REAL ESTATE AGENCY MARKETING – South Africa
  • MOST INN OVATIVE REAL ESTATE AGENCY – South Africa – Global Brands Magazine