Why Estate Agents Ask About Your Finances
When you’re in the process of buying or selling a property, you may find yourself wondering why your real estate agent needs so many personal details.
Estate Agent Q&A
Why is an Exclusive Mandate the best way to sell your home?
An Exclusive Mandate enables us to protect the price of your property as it maximises the opportunity to receive the best possible offers that the market will pay.
An Exclusive Mandate prioritises the seller by allowing the agent to maximise the price of your property and create a platform of competition between buyers.
How do I choose an Agent?
Look for a property Practioner that is active in your area or suburb. Active agents will be informed on property trends, real estate values and will likely have active buyers that they are working with.
What is an FFC (Fidelity Fund Certificate)?
An FFC is a certificate, issued by the Property Practitioners Regulatory Authority (PPRA) to a Property Practioner, therewith allowing them to operate and trade. No Property Practioner may trade, or be paid for work completed, without being in receipt of a valid and current FFC.
Must I supply FICA to an estate agent if I am a client?
It is now mandatory for all estate agents to introduce a risk management and compliance programme (RMCP) into their usual FICA verification and identification processes.
Contact Pam Golding Properties Gansbaai for more information.
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