The Worker is Worthy of His Wages
The worker is worthy of his wages
For every property that is listed all Real estate companies have a copious amount of money, time and energy invested in it with a success rate of between 10%-20% (of what is listed) turning into successful sales.
Who benefits from the commission? The company take a percentage, then the selling Property Practitioner gets a percentage. It is the Property Practitioner's only means to make a living (they don't get a salary) from their remuneration they must pay the listing Property Practitioner a percentage for his service. Often there is a listing that only a select agency can work on, and then other agencies also refer a client to you where you then pay a referral commission to that company and that is coming off the TOP...
Agency's costs are as follow to mention a few: Office's rental (including rates, levies, electricity and water), office supplies, equipment, and administrative staff. Then there is numerous portals and websites and online tracing and advertising sites, the municipality (Yes by just placing a pointer board, they charge money), and pointer boards cost. All this marketing and advertising keep other small companies in the business.
Photos, the cost of it and the time it takes to present a property to the best of its potential. Then the endless time of marketing and getting a viewing at a property. To legally operate agencies and Property Practitioners need to write exams and pay yearly fees to the Practitioners' Regulatory Authority (PPRA). Many of the Estates charges a sizable fee to the Property Practitioners who write exams, and this enables them to operate and sell within those Estates. The time spent with a client to take them around, some even hours, and at times we as Property Practitioners must give up and sacrifice, the time we could have spent with our families and loved Ones...
At Property Matchmaker we love to find that unique property that fits all our client's needs. From the moment we start working with our clients, whether a seller or buyer, we become friends. Service Excellence and building lasting relationships are two things we as Property Matchmakers pride ourselves in. We are always prepared to go the extra mile and go over and above to assist and help our clients (friends).
Yes, we love what we do - it is however not all just an easy road. The many times we must be humble and accept abuse from some patrons is shocking. All we ask is that people will acknowledge and accept and allow us to make an honest living. The seller pays the commission and although the buyer thinks it cost him money in the end, he would have paid the amount to the seller regardless of whether they make use of the agency or not...
"The worker is worthy of his wages [he deserves fair compensation]." 1 TIMOTHY 5:18
Key Points for Using a Property Practitioner
- You might be tempted to avoid a Property Practitioner, save the commission, and just sell your home yourself-also known as "for sale by owner" FSBO.
- While tempting, in most cases the risks of going at it alone likely outweigh the benefits.
- Risks include having fewer potential buyers (let alone qualified buyers), making emotional decisions, not knowing how to negotiate properly, and not having enough free time to dedicate to finding a buyer.
- One of the biggest risks of FSBO is not having the experience or expertise to navigate all the legal and regulatory requirements that come with selling a home.
Whether you need a "Life+Style" Change, or if you are looking to downsize or upsize, or you need a holiday home to break away from the rat race; then give us a call, WhatsApp, send an email - your Property Matchmaker(s) are eagerly waiting to Match you with your new HOME...
We are never too busy for your referral: List your property with us
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PROPERTYMATCHMAKER (PTY) LTD hereby warrants that it is registered with the Property Practitioners Regulatory Authority and that it possesses a valid Fidelity Fund certificate issued by the Property Practitioners Regulatory Authority
19 Mar 2022
Author Una van Jaarsveldt