Get Cash Back when using a Proptions Recommended Buyers Agent *

The South African property market functions primarily on a seller agency. Buyers are not usually represented and advised to the same level as sellers. Usually, the sellers mandate an estate agent to market their property. As per the estate agent’s code of conduct, the seller is the agent’s client and therefore the agent is obliged to:

  1. Act in utmost good faith towards the seller
  2. Act in the best interests of the seller
  3. Sell the property at the highest possible price
  4. Avoid situations with a conflict of interest
  5. Not retain any money or obtain a benefit because of the transaction, unless agreed to by the seller
  6. Avoid disclosing any confidential information divulged by the mandated client being the seller.

Provision in the code of the conduct states that the estate agent must act professionally, legally and ethically towards the buyer. This can be interpreted as showing the buyer the property, disclosing any known defects to the buyer and assisting the buyer with the offer to purchase.

So how are agents expected to perform this dual role without compromising their integrity to the selling party? Considering adhering to the estate agent’s code of conduct, the seller’s agent should not assist the buyer in obtaining the property at a lower price.

Without the seller’s consent, the selling agents are not allowed to disclose that “this is an extremely urgent sale” or the fact that the seller is experiencing some financial difficulty.

In countries such as Australia and the USA, a property transaction seldom occurs without both the seller and buyer having their respective representatives.

In the modern digital age, consumers are exercising their right to transparency, freedom of choice and representation.  You have the right to make your money work for you and demand service and alternative options. Now is the time to work with buyer’s agents with your interests their priority, and not settle for an agent who is trying to obtain the highest price for the seller, while negotiating the lowest price for you.

Not only do our preferred network of agents have your interests at heart, they even share their commission with you! Introducing for the first time ever in South Africa, cash back to our buyers* Subject to our buyer’s agents receiving a commission share with a sole-mandate seller or receiving a commission from a seller.

Of course, if you find a property for sale by owner on Proptions, you are paying ZERO commission and getting the property for much less. Please complete this form to start working with our approved buyers agents.

Get Connected To Our Approved Buyer Agents Today!

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