Welcome to Homenet
Homenet is revolutionising the residential real estate market in South Africa - bursting the traditional bubble and changing the way homes have been bought and sold for decades.
0% Seller Commission - 100% Agent Commitment - Sale in 30 days or less!
Unlike traditional real estate agencies, Homenet does not charge any fees or commissions for selling a property. Instead we faciliate the entire process on the sellers behalf, absolutely free-of-charge. No Fees, No Commissions - No Terms, No Conditions.
Using auction principles, we generate revenue from auctioneer, conveyancer, origination, insurance and other value-added products & services - while still providing 100% commitment and service.
Alternative options, however, are also available to Sellers - such as SLA Sale (Flat-Rate Service Fee charged for Professional Services Rendered), as well as traditional Mandate Sale (Outcomes-Based Commission negotiated and charged only on successful sale).
For Buyers, Homenet offers traditional sale and auction options, as well as Instalment Sale Solution plus Rent-2-Buy and Rent-2-Own opportinities.
To focus on providing innovation and service excellence in the property environment.
Reversing Real Estate - It just makes sense!
Results are produced within 21 days in an open and market driven environment.
We believe our modus operandi has distinct advantages over the traditional method of selling property.
The process is efficient & cost effective and has the greater probability of unlocking the true market value of the property.
Our method has proved to be highly successful and is becoming increasingly popular countrywide.
Homenet focusses on:
- Providing appropriate property solutions for all budgets
- Providing skilled personnel who have vast experience in the intricacies of the property environment
- Providing personal service by a team of skilled professionals
- Providing feedback at every stage of the transaction
How it works
Online Auction and Bidding
The sale process takes the form of the “silent auction” whereby a buyer views the property online and thereafter elects to make a bid by sending an email bid subject to a physical viewing of the property.
Bids have to be submitted within a specific time period and by a specific date. The bid we receive is submitted to the seller and we will inform the bidder on the outcome of his bid. Please take note the information with regards to competing bids is privileged and shall be disclosed only to a qualified purchaser.
A qualified purchaser is one who has submitted an email bid with contact numbers, identification and address and in addition has met all other criteria stipulated below.
Buyer Assessment of Bid Price
Buyer entirely free to make his own assessment and from whatever sources as to the price he chooses to bid. Pre-Sale Estimate, based on experience and property transfers achieved in the street and suburb of the area the property is located is one such source.
This information can be obtained by purchasing a comparative sales report online.
Funding should be available once your bid is sent in. Cash / Pre-Approved Bond
Deposit is held in Transfer Attorney or Auctioneers Trust Account
Conditions of Sale
This refers to the terms & conditions of the sale and special instructions, available on request
Reserve price, the minimum amount the seller has agreed to accept. The reserve price is not disclosed at the start or close of bidding.
The Seller reserves the right to accept an offer before the closing date.
What are the costs for the buyer?
Auctioneers fee payable on completion of the auction upon acceptance by seller, negotiated between buyer and auctioneer.
Transfer costs. Transferring attorney will provide Purchaser with pro forma account, which must be paid when transferring attorney calls for same.
What are the seller’s costs?
Click on Auctions > Sellers for additional information
Click on Sales > Sellers for further details