Demanding times call for Dual Mandates
When demanding times come calling, extraordinary measures are employed by property practitioners. Where a seller opts for an Open Mandate to find a buyer quicker, it is often a buyer who is likely to be under qualified and who will offer a purchase price substantially below what the seller is asking.
Quick action from the property practitioner may avoid this scenario by offering the seller a different mandate agreement they can enter into, namely a Dual Mandate. Click HERE to watch the video for the benefits of Dual Mandates:
The TPN SalesPack has been updated with a newly drafted Dual Sole and Exclusive Mandate specifically to assist with a quicker sale for the property owner and to offer the property practitioner an increased opportunity to earn commission, while maintaining exclusivity.
TPN Vacancy Survey Report Q1 2024
Residential rental vacancies in South Africa have reached historic lows, with the national vacancy rate decreasing to 4.42% in the first quarter of 2024, the lowest level since 2016. This trend is driven by high interest rates making homeownership un…
