Sellers FAQs

No! At OnePointFive, we cater to everyone’s needs and understand that some people may not be fully comfortable with an online process. It is for this reason that we offer the traditional in-person service of one of our experienced agents, to walk you through the process step by step - currently the preferred route of Sellers and Buyers. It is entirely up to you how much or how little you choose to do online via our platform. Regardless, our fee for the Seller remains fixed at 1.5% plus VAT with a minimum charge of R 40 000 plus VAT.

The first step to having your property listed with OnePointFive is to contact us, to arrange a FREE and, of course, fair market related appraisal of your property.

Once you have been presented with your appraisal, and you are happy to proceed with listing your property, we will ask you to sign a mandate.

Thereafter, we will arrange for professional photography and videography, and the listing of your property on our website and various other platforms such as Property24 and Private Property, in addition to this, our digital marketing team will distribute the listing as they see fit across the various social media platforms available to us.

You save a considerable amount of money; we charge a fixed fee of 1.5% plus VAT, with a minimum charge of R40 000 plus VAT. This amount is based on the agreed sale price and is only payable on successful registration of your sale (no sale = no fee). Traditional agents can charge as much as 7%. One must remember that, in addition to the 7%, VAT is also payable on this amount. With our low commission of 1.5%, you not only save on fees, but also on VAT payable on those fees. Below is a table to demonstrate applicable savings. You may also make use of our Savings Calculator.

Value of property	Traditional fee	OnePointFive	Savings
ZAR 4 000 000	ZAR 322 000	ZAR 69 000	ZAR 253 000
ZAR 5 000 000	ZAR 402 500	ZAR 86 250	ZAR 316 250
ZAR 8 000 000	ZAR 644 000	ZAR 138 000	ZAR 506 000
ZAR 10 000 000	ZAR 805 000	ZAR 172 500	ZAR 632 500
ZAR 15 000 000	ZAR1 207 500	ZAR 258 750	ZAR 948 750
ZAR 20 000 000	ZAR 1 400 000	ZAR 345 000	ZAR 1 265 000

There are various types of mandates available, Open, Joint, and Sole. It will very much depend on what you have signed.

A sole mandate is more complex and specific to only one agent having the privilege of listing your property for a specified period of time. There may or may not be a break clause mentioned in this sole mandate, most traditional agencies tend to exclude a break-clause for obvious reasons, OnePointFive does not. The Consumer Protection Act allows for a five-day cooling off period, allowing cancellation with no penalty payable.

Thereafter, if there is no break clause specified, a Seller must give 20 days’ notice of the intention to cancel the mandate and will be subject to a penalty, the penalty is limited to cover only the costs already incurred by the estate agent, to include marketing, travel, and telephone expenses.

In the event that you have signed a Sole Mandate, one of our legal advisors will be more than happy to review your mandate and advise accordingly, ensuring we respect and comply with any existing mandates.

Correct appraisal is essential, it is what stimulates the Buyer's interest, creating the impression of good value, whilst attaining the best market value for you, the Seller.

The over-valuing of a property turns Buyers away and will lead to your property being on the market for a lot longer than it needs to, causing a snowball effect in the long term, of either not being able to sell, or driving the price right down to get a sale.

As homeowners, we tend to assign an emotional value to our property, which more often than not is higher than the market-related value. At OnePointFive, we will give you a fair market-related appraisal, taking all factors into consideration leading to the successful sale of your property for the best possible price in a reasonable amount of time.

It is worth mentioning that, on occasion, agencies will overvalue a property with the intention of luring a Seller into signing a mandate, simply because they are told they can achieve a higher price with a particular agent. Feel free to obtain other valuations and then have a discussion with us.

At OnePointFive we are all about fair market appraisal, basing our appraisals on past and current trends specific to the area, statistics and of course, what the market demands at the time.

The listing and marketing of your property is free of charge. You will only pay a fee of 1.5% plus VAT of the selling price, on completion of a successful sale, i.e. on registration of transfer.

In terms of marketing, your property will be listed on our website, Property24, and various social media platforms such as Facebook and Instagram. For higher-value properties that warrant international advertising exposure, we also advertise on JamesEdition.com. JamesEdition is the premier global marketplace for luxury real estate, connecting high-net-worth buyers with exclusive properties. We also have a team of digital marketing experts working around the clock to ensure your listing gets the visibility it deserves.

The Property Practitioners Act of 2019 sets out that a property practitioner must not accept a mandate unless the Seller has provided them with a fully completed and signed mandatory disclosure form regarding the condition of the property for sale.

This report is required to be provided to the Buyer prior to them making an Offer to Purchase.

We can, of course, assist and guide you on the completion of this document.

OnePointFive has launched in Cape Town, including the Southern Suburbs, the City Bowl, Southern Peninsula, and the Atlantic Seaboard. We will be rolling out additional areas in Cape Town and its surrounds by the second quarter of 2026.

There is no minimum, but we are limited to our current operational areas. Please check with us to see if we are operational in your area. There is a minimum charge of R40 000 plus VAT, or 1.5% plus VAT (whichever is greater).

Viewings will be arranged in the traditional manner, whereby an appointment will be made between the Buyer, Seller, and Agent at a convenient time for all parties to view the property. Show days will be discussed and scheduled accordingly. We have a policy of viewings by appointment only.

If you have elected to do everything in person (currently the preferred route of Sellers and Buyers,) then all offers received will be discussed with you in person.

If you would like to use our technology to receive and negotiate an offer online, then please speak to your agent about how to do this.

Yes, you can. This can be done by way of simply crossing out and signing the revised purchase price on the hardcopy of the Offer via your agent.

Alternatively, this can be done through our system. Please speak to your agent as to how to do this.

The conveyancers, (who would have been selected at the mandate stage) will be contacted with a copy of the Offer, and on receipt of this, it sets the transfer process in motion. For more on the transfer process please click here.

All funds for the process of the sale of your property will be handled by the Conveyancing Attorneys and their respective Trust account, including deposits, full payment, and agent’s fees.

We do not operate a Trust account.

South African regulation stipulates that it is the Seller's right to appoint a Conveyancing Attorney; the Buyer has no choice in this matter. If you have no personal experience with a Conveyancing Attorney, OnePointFive will be happy to give you options in terms of who you may want to use.

Selection of the Conveyancing Attorney will be discussed with you at the time of signing a mandate, and an attorney will be appointed at this time. This streamlines the process once an offer has been accepted.

The process is not as daunting as you may think. The Conveyancers take care of the transfer itself, and, the process is helped along substantially by our system, allowing for a single point of access for Buyers, Sellers, Conveyancers, and ourselves.

Time to transfer varies, depending on a few factors such as response times from the Municipality, Deeds Office, and various Homeowners Organisations. However, in general, in the Western Cape, you are looking at about 8 weeks, and in the rest of the country, about 12 weeks to transfer.

By regulation, the Seller is obliged to obtain all necessary Compliance Certificates, at their expense, for Electrical, Water, Gas, Beetle, and Electric Fence compliance (if applicable) prior to the transfer documents being lodged. This is normally done once an Offer has been accepted.

Cookie Policy

We use cookies to enhance your experience on this website, perform analytics and show you relevant advertising.
By clicking "Accept", you agree to the storing of cookies on your device.
View our Privacy Policy for more information.

More Photos

Secure Lock up and Go 2 Bedroom Apartment

R 3 975 000

Rates: R 1 600 Levies: R 5 000

Make an offer

2 Bedrooms

1 Bathroom

Parking

70,00 M²

R3 450 000 (VAT Exclusive) VAT is payable by the purchaser; a Zero-Rated VAT transaction can be applied for if the purchaser is a VAT registered entity.

Experience the best of inner-city living at Sloane Square in Gardens, an exceptional opportunity tailored for savvy investors and urban enthusiasts alike.

This light, bright, and impeccably maintained corner apartment offers a serene sanctuary featuring:

A living space framed by two well-proportioned bedrooms and a full bathroom with a shower-over-bath.

There is a private balcony perfect for unwinding while taking in the city energy. You also have undercover parking and 24 hour security.

Sloane Square is designed with flexibility in mind, and permits short-term letting, offering high-yield rental potential in a location right alongside seamless public transport connections.

Gardens, Cape Town, Western Cape 8001

Address: 173 Buitenkant Street

Contact the Estate Agent

Courtney Morgan

Estate agent

0769797721