Sellers – 7 or 5 % commission vs R25 000 fixed
Technology disrupted almost every sector in the property industry.
The “soft touch” combined with the “tough” personal negotiation skill of an experienced property sales person can never be underestimated or eliminated.
Before Property 24, Private Property, AOL, Gumtree and many other online property listing platforms, the usual way to find a property for sale was to visit an estate agent or find a property in the printed media.
Online property listings changed the property sales industry and made property listings much more affordable.
Why are estate agents still asking 5 or 7% [plus VAT] to list and market a property for a home owner?
Fixed Cost Sales
Many low-cost property sale companies “popped” up over the past few years, an interesting enough, their fee/commission all are between R35 000 – R39 999.00 or 1,5 %.
These commission/fee structures actually mostly eliminate the “affordable” market – starting at R400 000- R1 million rand.
Benefits
A fixed fee of R25 000 plus VAT will:
- open up the industry for property sellers to save thousands of Rands,
- speed up property sales [ the average listing period to achieve a sale increased]
- make it more affordable for home buyers
- and many more benefits
If you are keen to learn more how it can be done – send me an email – meyer@mdwinc.co.za