Thursday, 19 August 2010
A bank versus an Agent versus commissions versus Sales SCARY
1. Target cash buyers who are in a minority but at least can be closed
2. Sell high-end properties where the competition from banks is less (the majority of bank stock is low to
mid end apartments in sub prime locations)
The result of this situation is that there are far fewer agents than there should be, given the level of demand, selling mid-market property.
It is a tragedy for the buyer and for the industry as a whole.
LEAD SA - A Proud South African Initiative