select
|

What you need to know about selling your home through an attorney

Buying a home may well be the biggest single investment any person will ever make, so one shouldn’t ever take a risk with it.


 
Home owners may sometimes consider selling their homes privately and ask their attorneys to help with the sale contract, but in cases like these it possibly would be better to let their attorney handle the whole process.
 
There are many legal pitfalls to be aware of in dealing with property, and various law reports show many property sale disputes could have been prevented if the right person had been employed to handle the drawing up of the contract and the sale, says Meyer de Waal of MDW Inc. - who is one of the founding members of a revolutionary new property service of attorneys selling properties, by making use of the tools provided by the Attorney Realtor Hub, www.attorneyrealtorhub.co.za (The Hub).
 
This new initiative, with three other conveyancing firms (and many more are joining on a national basis), will leverage a range of cutting edge tools and resources to achieve the best possible sale at the best possible price in the shortest possible time.
 
The key benefits of the tools made available by the Attorney Realtor Hub service, according to de Waal, are:
 
Only cash or prequalified buyers are introduced to sellers.

The use of the “My Bond Fitness” application helps screen interested buyers by allowing them to perform their own online and paperless prequalifying process, so only cash or prequalified buyers will be introduced to sellers.
 
Viewing of properties is revolutionised with modern technology via a virtual reality tour system.

Sellers are only introduced to serious buyers (the buyer can do a full walk through online to decide whether to go further); without the inconvenience, disruption and security concerns of having a horde of possible buyers having to physically view the property.

Sales commission is limited to only 2,5% + VAT.

Normally a traditional estate agent is paid up to 7% commission. That’s a rate that is normally entirely warranted on their side, with their huge overheads, days and weeks of effort needed to introduce prospective buyers to the property, and expensive advertising costs.

Access to a huge pool of potential buyers.

Working together gives fellow attorneys a large national client database, captured and managed on an electronic client relationship management tool which lists property sales mandates and properties for sale through the most advanced property listing technology available.
 
A qualified attorney as a property realtor assists sellers and buyers to negotiate and conclude the largest and most important financial transaction many will make in their lifetime.
 
“Entrusting the sale of your home to your attorney will ensure that all the role-players can sleep peacefully at night knowing that they are in safe, experienced and qualified hands from the time the property is put on the market, to the time the buyer is registered in the Deeds Office as the new owner”, says de Waal.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 24 Nov 2017
      Demand for secure estate living in Hout Bay has risen sharply in recent years, precipitating a spike in development with estate homes now accounting for 20.24% of the property landscape with the launch of an exclusive new gated development on 26 November adding 20 more units to the existing 1250 estate homes.
    • 24 Nov 2017
      There are some things that money can’t buy – spectacular views from Mouille Point to the V&A Waterfront and a trendy and lively neighbourhood that encapsulates the very best of the Cape Town lifestyle.
    • 24 Nov 2017
      Tshwane’s four-bedroom Mayoral mansion, nestled among ambassadorial residences in the upmarket suburb of Muckleneuk, fetched R5.1 million after spirited bidding at High Street Auctions’ final sale of the year.
    • 23 Nov 2017
      Reserve Bank Governor, Lesetja Kganyago, said that the Monetary Policy Committee had once again decided to let the interest rates remain unchanged with the repo rate at 6.75%, and the prime lending rate at 10.25%.
    • 23 Nov 2017
      As the holiday season approaches, most of us are counting the days until that year-end bonus hits our account. There’s nothing quite like a little bank balance booster to get us in the holiday spirit.
    • 23 Nov 2017
      The Adelphi Centre (now entitled “ARTEM") in Sea Point, Cape Town, is being extensively renovated, and once complete will offer an ultra-luxurious galleria style shopping centre unlike any other seen on the Atlantic Seaboard or in Cape Town.
    • 23 Nov 2017
      If you are looking to sell your home in today’s real estate market, there are certain things that you need to include both inside and outside your house. Today’s generation of home buyers is looking toward a more eco-friendly, energy and water conscious home, and if your house stands out then you are more likely to be able to sell it.
    • 22 Nov 2017
      Most people know of the Community Schemes Ombud Service (CSOS) and that levies must to paid to fund its operations. In this article the experts at Paddocks will address some of the issues that are causing confusion.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK