select
|

Celebrating Quick Commissions

In recognising the critical role estate agents play in the property business, national mortgage origination company Bond Choice has instituted a specially-designed swift payment system that negates the guesswork on when commissions will be paid.


 


QuickComm is a specialised information technology system developed in-house that eliminates the paperwork for estates agents. The self-invoicing system automatically pays out agents’ commissions within two days of Bond Choice receiving notification of the bond registration.


Payment notification is then sent via either SMS or email to the agents.


 


Typically agents receive their commissions after invoicing for each deal and only once the mortgage originator has been paid by the successful financing institution.


 


“Gone is the guesswork and the paperwork; the repeated invoicing after each deal and the time-consuming follow-ups when commission payments are delayed or waylaid in the system. Bond Choice recognises that commission payments are critical to estate agents and this system provides the best solution in terms of meeting market requirements,” Bond Choice MD Sales Kevin Mountjoy says.


 


Mountjoy says as a leading mortgage origination company nationally, Bond Choice differentiates itself in several arenas. Inherent in the way in which the company conducts its business were the core company values that provided choice, convenience and expertise to clients; a dedicated culture of being a home loan specialist company rather than a financial services group offering mortgage origination and the understanding that estate agents deserved their commission payments as rapidly as possible.


 


“These principles espouse the passion we have about the business,” he says.


                                                                                                                                          


Distributed on behalf of Bond Choice by:



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
    • 15 Feb 2018
      One positive consequence of the financial crash in 2008 was the rise in consumerism, especially in the property market, where buyers have steadily become more knowledgeable and more value conscious.
    • 15 Feb 2018
      While most homeowners will take the agent’s commission into consideration when they are trying to determine what the will get out from the sale of their property, many often forget to factor in the other costs involved in a home sale, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      The forecast for the national rental market in 2018 remains a mixed bag of good news and bad news. Although rentals are expected to rise slowly as the challenges of home affordability and tighter lending criteria tighten their grip, it’s a double-edged sword as the market also will come under increasing pressure from factors like declining disposable income levels.
    • 14 Feb 2018
      While you may not have intended to place your home on the market, what do you do if you receive an unexpected offer on your home? In areas where demand outweighs the current supply of homes available to buyers, it is not unheard of to have buyers make offers on homes that aren’t on the market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      If you are looking to sell your home this year, Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that there are five crucial things to do before the ‘for sale’ sign goes up.
    • 01 Feb 2018
      February is the month of love and to celebrate we will be posting about all the things we love this month. Follow the #MyPropertyLoves hashtag to keep up with our favourite things.
    • 01 Feb 2018
      After saving up and months of searching for the right home, applying for a bond and patiently waiting for the keys to the front door, it is finally time to cross the threshold and move into your new home. Now what?
        
    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