Smart Sell vs Traditional Commission — Side-by-Side at Selected Price
All amounts in USD. Traditional commission shown SA-vendor VAT-inclusive (15%); outside SA, zero-rated (10% only). Transfer costs are estimated — actual costs vary by country.
| Item | Smart Sell (flat) | Traditional 10% + VAT | Difference |
|---|---|---|---|
| Final Sale Price | — | — | Same |
| Propworths seller fee | USD 180 flat | — | Traditional charges the % on the sale price |
| Buyer registration fee | USD 200 flat (buyer, 6 months) | None | Smart Sell requires 6-month buyer access |
| Total Propworths / commission cost | USD 380 flat (both sides) | — | Smart Sell saves — |
| + VAT (SA vendor, 15%) | On USD 380 = USD 57 total VAT | On the full 10% commission | Smart Sell VAT is a fixed cent amount |
| Est. Transfer / Conveyancing Costs (varies by country)* | — | — | Same (paid by buyer to attorney, not Propworths) |
| Percentage commission on the sale | None — 0% | 10% + VAT | This is the whole point of Smart Sell |
| 💰 Seller Receives (before local transfer costs) | — | — | — |
What if the buyer withdraws after acceptance or the bond is declined?
Smart Sell binds neither party at close — a sale becomes legally binding only when both parties sign a deed of sale at their attorneys. If the buyer withdraws in bad faith after acceptance, fails to instruct an attorney, or has their bond formally declined, the following applies:
ℹ️ What’s included in the flat fees
- USD 180 seller listing fee: Listing publication in all 185 supported markets, the offer-window infrastructure (opening window, live offer room where selected, real-time offer log, close notifications), and delivery to the seller at close of every offer with its full terms and buyer contact details.
- USD 200 six-month buyer registration: FICA / KYC verification, unlimited offer-making across every Smart Sell listing on the Platform for six months, real-time offer visibility, and notifications the moment the buyer is overtaken.
- Both fees are paid to Propworths via Peach Payments upfront — the seller before the listing goes live, the buyer at registration. Neither fee is deducted from any purchase price.
⚠️ Transfer costs are separate
- South Africa: Transfer duty (buyer), conveyancing fees, compliance certs (elec, beetle, gas).
- UK: Stamp Duty Land Tax, conveyancing fees.
- Australia: State stamp duty, conveyancing, CGT.
- UAE: 4% DLD fee, agency fees, NOC fees.
- Portugal / Spain: IMT, notary, land registry, VAT.
- USA: Transfer taxes, closing costs, title insurance.
- Always get local legal advice before listing.