Frequently Asked Questions
What happens to my Realty Club membership when I purchase/sell a property before the membership expires?
We hope you will remain a member, but if you elect not to, you may pay the balance of the fees for the membership period and receive a 10% discount.
How do I get my Realty Club discounts?
The service provider will automatically discount the invoice.
What happens after the bond is granted at the bank?
After a bank grants a bond, the process moves towards registering the bond and transferring the property to the new owner. This involves lodging documents at the Deeds Office, examining them, and ultimately registering the bond and transferring the property, followed by the bank holding the title deed until the loan is paid off.
What is a transfer duty?
Transfer duty is a government tax imposed on the transfer of property ownership from one person or entity to another. Typically paid when you buy real estate.
How long is an Electrical compliance certificate (COC) valid for?
Electrical compliance certificate remains valid until work in done on the wiring system at which stage you require a new certificate in retrospect of the work done, if the property is sold you will need a new electrical compliance certificate. If the current one is more than 2 years old.
What compliance certificates do I need when selling my property?
When selling your property in South Africa, you’ll need to obtain specific compliance certificates to ensure the property is up to safety and legal standards. These certificates include an Electrical Compliance Certificate, an Electric Fence Compliance Certificate, gas certificate applicate and, depending on the province, a plumbing certificate and a beetle certificate.
Do I need building insurance when purchasing a property?
Building insurance is vital.It is a compulsory requirement if a property is bonded. It protects the actual building structure and all the permanent fixtures and fittings, garages, swimming pool, paving and walls in the event of fire, floods, lightning and other unforeseen disasters.
Purchaser question – What happens if the Estate Agent does not want myself to use Realty Club’s recommended transferring attorney or bond originator?
The Estate Agent has no say as to the transferring attorneys (conveyancing attorney) and/or bond originator. The Estate Agent will often push to utilise their own attorneys and/or bond originator, as they often (not all estate agents) obtain a kick back from such attorney and/or bond originator. Negotiations of the choosing of the conveyancing attorney should only be between yourself and the Seller.
What are transfer attorney fees?
Transfer attorney fees, also known as conveyancing fees, are the costs incurred when transferring the ownership of a property from one person to another.
These fees are paid to the attorney (conveyancing attorney) who handles the legal aspects of the property transfer, including drafting documents, registering the transfer, and ensuring all legal requirements are met.
What happens in the event that a Seller does not want to utilise Realty Club’s Conveyancer?
While the Seller does have the choice as to who the Conveyancing Attorney who transfers his/her/its property, the following can be done to persuade the seller to use Realty Club’s conveyancer of choice:
- You can advise the Seller that you entering into an agreement of sale to purchase the Seller’s property is conditional on you, as the Purchaser, utilising Realty Club’s recommended attorneys to transfer the property, which will provide you a large discount on your transfer fees. In most instances the Seller just wishes for the transfer to occur as quickly as possible and that their interests are looked after. As Realty Club only utilises the highest rated attorneys, who will look after all parties’ interests, the Seller should agree to the use of Realty Club’s attorneys.
- In addition to 1 above, Realty Club will offer a 3 (three) month full subscription to the Seller, to allow the Seller to obtain amazing discounts on the required conditions to obtain an electrical Compliance Certificate, Gas Certificate (if applicable), Bond Cancellation Fees (if applicable) and Electric Fence Certificate (if applicable). This amazing free subscription offered to the Seller is based on Realty Club’s willingness to assist you, the Purchaser, persuading the Seller to utilise Realty Club’s recommended conveyancers (to attend to the transfer of the property) and for the Seller to obtain the great savings mentioned above.
Do you store any of my information?
Your membership information is stored while your membership is active with Realty Club.
Can I upload and manage my own property listings on Realty Club?
Absolutely! Once you sign up for a Realty Club account, you’ll gain access to your personal dashboard where you can:
Upload property listings with photos, descriptions, and pricing
Edit and update your listings anytime—whether it’s changing the price, adding new images, or updating availability
It’s fast, intuitive, and puts you in full control of your listings. Realty Club makes property management effortless.