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mellowred

Are there success fees on a Buy Now property sale

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mellowred    10
mellowred

If I list a property under a Buy Now do I have to pay a success fee.

 

Listing Fees Rate Card

Sellers need to pay a fee for each item that they list in certain categories, even if the item does not result in a sale.

 

PropertyR100.00 No Success Fee Charged

and then this for Buy Now listings

 

Buy Now Items

 

Examples:

 

R500,000.01 No Limit R13,027.50 + 1% of the Winning Bid Amount over R500,000.00

 

I would not like to be hit with a ± R15,000 success fee through a stupid mistake :o

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lilythepink    10
lilythepink

I suppose that BoB does take fees on property sales - after all, Estate Agents do! And Estate Agents certainly charge a whole lot more than 1% on a property sale. :(

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freesia    10
freesia
If I list a property under a Buy Now do I have to pay a success fee.

 

and then this for Buy Now listings

 

 

 

I would not like to be hit with a ± R15,000 success fee through a stupid mistake :o

Try this thread Any property/land sold on Bidorbuy? for listing fees etc.

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mellowred    10
mellowred

Hi Freesia

 

Thanks for the link. Have read through the thread, and the impression I get is that success fees are charged. But it is pretty old (2007) so I am still not 100% sure.

 

I did have to pay a R100 listing fee (no special listings included), and if I do a "copy or relist" is states "no success fee will be charged on this item".

 

I hope someone on BoB admin can confirm as I have my Dad's and my property up.

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qball    10
qball

I can confirm - no success fee will be charged, only a listing fee of R100.

 

Kind regards

Cuan

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mellowred    10
mellowred

Thank you very much Cuan.

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