It will not only replace the Estate Agents Act which has been in force since 1976, but considerably broaden the scope of that legislation to cover commercial property brokers, bond originators, home inspectors, home owners' associations, companies...
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selling through a
About 80 percent of the homes in Australia are sold by auction, with similarly high figures in parts of the USA. Any negative stigmas attached to these practices are gone with a Public Tender and more South African sellers are seeing the benefits by going the Public Tender route.
The inconvenience of show houses, coupled with the ongoing invasion of their privacy while their homes are on the market week after week, month after month, and even year after year, has seen the popularity of selling by Public Tender escalate to the point where it’s quite usual to have 100 or more visitors at a preview. Of these, around 80 percent are willing and able buyers.More Info