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...
What is the rental mandate? The rental mandate is the formal agreement between the principal and the Property Practitioner. A management mandate can only be a sole mandate, so it must be in writing. Section 3.3 of the Code of Conduct. Section 22 CPT – Plain language. It provides that the Property Practitioner must fulfil the terms of the mandate, after which the Property Practitioner is...