Comments on: Private Property Durban http://www.propertytribe.co.za/index.php/private-property-durban/158/ The Property Tribe is A South African Blog for anything property related, where the ordinary person has the opportunity to blog their opinion on Property. Tue, 07 Sep 2010 09:59:26 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew http://www.propertytribe.co.za/index.php/private-property-durban/158/#comment-49 Andrew Sat, 20 Feb 2010 05:46:08 +0000 http://www.propertytribe.co.za/?p=158#comment-49 At 7% plus VAT the days of the Estate Agent are numbered. In most deals the gap between the offer and what the seller wants is the commission. Sellers have to under stand that when using an agent they need to deduct the commission from the price not add, I as the buyer already need to pay transfer and attorney fees, take the risk and pay a person a HUGE amount. EA's neither own the property or take the risk buying the property so why on earth do they earn such large commissions??. The Estate Agent Companies are the worst - they get 50% com for absolutely nothing. I have no problem with agents (very few) who charge a reasonable comm (1 to 3% depending) but who add in excess of this value in service. Just listing and showing the property does not count as value. At 7% plus VAT the days of the Estate Agent are numbered. In most deals the gap between the offer and what the seller wants is the commission. Sellers have to under stand that when using an agent they need to deduct the commission from the price not add, I as the buyer already need to pay transfer and attorney fees, take the risk and pay a person a HUGE amount. EA’s neither own the property or take the risk buying the property so why on earth do they earn such large commissions??. The Estate Agent Companies are the worst – they get 50% com for absolutely nothing. I have no problem with agents (very few) who charge a reasonable comm (1 to 3% depending) but who add in excess of this value in service. Just listing and showing the property does not count as value.

]]> By: salome http://www.propertytribe.co.za/index.php/private-property-durban/158/#comment-46 salome Thu, 18 Feb 2010 20:26:48 +0000 http://www.propertytribe.co.za/?p=158#comment-46 I agree with Justin!!! Why are you trying to deter buyers from using an Estate Agents? We go the extra mile for our clients and our Bond Orignator!! Let me tell you that the ordinary man in the street does not have the time or energy to go through a private sale as anything can go wrong. We take all that stress away and also the bond orignator as well. Stop trying to convince the public out there its better to go privately than an Estate Agent because you know an Agent does a better job than a private buyer does. What's your problem about an Estate Agent making money, and by the way we donot make these huge commissions!!! we still pay vat, tax and listing fee plus we share with the company we work for. Its still better to get a good estate agent who knows her job!!! I agree with Justin!!! Why are you trying to deter buyers from using an Estate Agents? We go the extra mile for our clients and our Bond Orignator!! Let me tell you that the ordinary man in the street does not have the time or energy to go through a private sale as anything can go wrong. We take all that stress away and also the bond orignator as well. Stop trying to convince the public out there its better to go privately than an Estate Agent because you know an Agent does a better job than a private buyer does. What’s your problem about an Estate Agent making money, and by the way we donot make these huge commissions!!! we still pay vat, tax and listing fee plus we share with the company we work for. Its still better to get a good estate agent who knows her job!!!

]]> By: Munda Willemse http://www.propertytribe.co.za/index.php/private-property-durban/158/#comment-28 Munda Willemse Thu, 11 Feb 2010 14:40:06 +0000 http://www.propertytribe.co.za/?p=158#comment-28 I must say Durban is a heaven on planet Earth, and I love this city so much. I am a South African living in England and I used to Live in Umhlanga - Durban long time ago and even today I still have the memories of Durban, it is such a nice place I have ever seen, especially the weather in Durban is so nice and warm also beaches to name a few Umhlanga beach, Ballito Beach, Zinkwazi Beach, Umhlali Beach, Tinley Manor Beach, Thompson’s Bay Beach and I had time of my life at Sea Point - Durban. I would love to go back one day and experience the warmth and enjoy being on the soil of South Africa. I must say Durban is a heaven on planet Earth, and I love this city so much. I am a South African living in England and I used to Live in Umhlanga – Durban long time ago and even today I still have the memories of Durban, it is such a nice place I have ever seen, especially the weather in Durban is so nice and warm also beaches to name a few Umhlanga beach, Ballito Beach, Zinkwazi Beach, Umhlali Beach, Tinley Manor Beach, Thompson’s Bay Beach and I had time of my life at Sea Point – Durban. I would love to go back one day and experience the warmth and enjoy being on the soil of South Africa.

]]> By: justin clarke http://www.propertytribe.co.za/index.php/private-property-durban/158/#comment-22 justin clarke Mon, 01 Feb 2010 19:38:18 +0000 http://www.propertytribe.co.za/?p=158#comment-22 Brennan, thanks for your interesting posts. Why dont you update your BIO so readers can see who you are, and that you are an investor. It would be great to here how how u started buying property, and how you have done since... Brennan, thanks for your interesting posts. Why dont you update your BIO so readers can see who you are, and that you are an investor.

It would be great to here how how u started buying property, and how you have done since…

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