Saturday, November 22, 2008

Word of caution!

I picked up this blog post off Gum Tree and I thought it might make for some interesting debate:

Did you know that some unscrupulous and greedy estate agents asking for up to 25% and more on top of every months rent from you?

I just inquired about the monthly rent for a house in University Estate with “Estate Agent Jawitz” and was told it would cost R 7500/month.

I also phoned the other “estate agent” sign posted on the house which quoted me R 6000 per month. Never mind what the owner in fact is asking for the house. Its most likely R4500. When I told the Jawitz agent that another estate agent is offering it for R6000/month, the agent replied bluntly that their monthly rent of R7500 is been calculated due to the companies “commission structure” policy.

Can you believe it! This so called “Commission structure” forces you to fork out 25% commission on top of your monthly rent.

The rest of the blog post can be found here.... Would be interesting to hear what you have to say if you are currently renting your premises?

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