Section 3

F13. Seller Check List

Bond Cancellation  Contact your bank and advise them that the house is on the market. Ensure the notice period is kept current (i.e., keep your bank informed – consult the 90-day notice period on page ___). Electrical Compliance and Other Certificates  Contact an electrician, plumber, gas fitter, or pest control company to issue the relevant certificates required for your...

G. PPRA Code of Conduct

Under the PPRA code of conduct, a practitioner is obliged to: - Protect the interests of their clients at all times. - Avoid misrepresentation. - Disclose all facts. - Avoid bringing discredit to the industry. - Adhere to legal requirements in contracts. - Avoid undue influence (i.e. prevent them from appointing their own conveyancers). - Avoid unethical marketing tactics. - Receive...

G1. Seller Requirements

Establish the Seller’s needs This is primarily to determine how genuine the seller is – i.e. does he want to seriously sell or is he only thinking of selling. This will determine how to approach the particular seller.   Determine the Seller’s selling options     Pros Cons Sell the property privately No contractual commitment No commission...

G2. Seller Documents

The following documents will be required by the Seller. It is a good idea to ask the Seller to prepare these documents in anticipation of a sale: - Clear copies of their IDs. - Proof of residence – the latest rates account is the best (not older than 3 months). - Copy of marriage certificate/divorce settlement (where necessary). - Tax numbers. - Details of the existing bondholder, account...

G3. Appointments

Besides show houses, which are open to the public at large, you will hold “private showings” to individual prospective purchasers – also known as ‘view by appointments’. Aim to have as many appointments as possible each week – the more you show, the more you can sell!   Before showing: Precondition the seller: - Make the appointment. - If you do not have a sole mandate,...

G4. OTP Management

In summary: - Pre-qualify the buyer to ensure a bona fide offer. - Complete the offer with the purchaser. - Compare offers with seller needs, i.e., price, occupation, etc. - List benefits of the offer and plan how to address any objections. - List recent market activity – what’s new on the market, what has sold, what has not sold, etc. - Schedule an appointment with the seller to...

H. Completing a Golden Homes Sole Mandate

AGREEMENT GRANTING A SOLE AND EXCLUSIVE MANDATE   entered into between   Seller (1) ________________________________ Seller (2) _______________________________   Insert the names of the Seller, e.g. David Charles van Wyk or David C van Wyk – always use full first name and surname. The second name can be either the full name or initials. If there are more than two...

H1. Mandate Resources

These documents will be available from your administration department. - Sole Mandate. - Shared Mandate. - Seller disclosure document. - Listing sheet. - Property Evaluation 1 and 2. Annexure 34 – Sole Mandate Annexure 35 – Shared Mandate Annexure 36 – Listing sheet Annexure 35 – Seller Disclosure. Annexure 38 – Evaluation 1 Annexure 39 – Evaluation...

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