Know the do's and don'ts as a property buyer, seller
- All documentation (whether it is a mandate or contract) must be explained to you by your Property Professional.
- Copies of all documentation should be issued and made available to all the parties involved in the sale or rental.
- An agent may not pretend to be the owner of a particular property.
- Real estate agents may not lie or pressure clients in order to get a sale or sign an offer.
- Property Professionals may not change or alter the agreed listing price.
- Agents may not mislead potential buyers or make false statements with regard to a property's size, features or any other aspect.
- Beware of false promotion or advertising such as that a property's transfer cost is included, when in fact the price includes transfer duty.
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Author Machelene Joubert