Homeowners predominantly concerned with the cost of the sale are more likely to consider selling their home themselves. While there may be savings to be had, attempting to go it alone could end up costing as much as a traditional platform. Sellers should also bear in mind that buyers of properties sold by owners may look to split the savings that would normally be incurred on agent’s commission, so there is the potential that they would not walk away with the full proceeds of those savings. WHAT DIYERS CAN EXPECT TO PAY (BASED ON SALE PRICE OF R1 194 200 AND CAPITAL PROFIT OF R556 900) Average approx. R10 000-R20 000 R536 900 (excludes online marketing fees)
1.8%-3.6%. Around 5% if also marketing online.