Metamorphosis of the estate agency.

This article by Vivian Warby appeared in the Weekend Argus 24 June 2017,  highlights changes in the real estate market and how different agencies are reacting.

In summary;

Globally, online portals dominate the real estate market particularly in relation to buyers. This is certainly true in South Africa where Property24 and Private Property are the first port of call for interested buyers. New technology enables agencies to work smarter and more efficiently.

We have seen the emergence of start up agencies seeking to leverage these changes – they offer sellers low or zero commission services – but with reduced or zero agent involvement.

Most buyer and sellers, prefer to deal through an experienced real estate agent. This is because no real estate transaction is the same. Each deal has its own peculiarities which most home owners are unlikely to have seen before. Buyers and sellers prefer to deal with a credible, professional expert able to give prudent and sensible advice. 

The daily  activities of an estate agent have changed considerably over the years as a result of the technological changes in the industry. There is no doubt that a key element remains, the services of a person with the requisite knowledge and experience to facilitate the closing of deal between 2 parties.  

Efficiencies gained by agents have not be passed on to clients. 

The Bestnet.Property approach is to passes on efficiencies to our clients,  without cutting back services.

We provide full service to clients at very competitive rates.