Is it normal for Estate Agents to charge a fee for lease renewal?

In South Africa it’s normal to be swindled. Changing contract dates is worth 1500
 
The supply of properties is artificially constrained i.e. through govt regulation in the real estate sector. This is the same for every govt-regulated industry sector. The more heavily the intervention the less accessible the service is the further down the economic ladder you go.

Since businesses are not charities, this cost ultimately gets passed along to the consumer, a percentage of whom are always on the margins between life-death.

That affects rentals. Of course it affects rentals.

The costs of becoming a landlord, which is subject to the heavy levels of bureaucracy - including arbitrary hurdles - in buying/selling real estate, and making a living through rentals are artificially elevated. They will be passed on to the consumer.

If you were a landlord, you would do more or less the same thing, knowing you are neither a slave/serf, nor a charity.
 
From Sakeliga's 'The PPRA’s tactical retreat on B-BBEE and what to do next' (under: 'The way forward'):

First, there is the Act’s requirement that not only estate agents, but all property practitioners must have a fidelity fund certificate.

This improperly expands the reach of the PPRA over thousands of businesses and trillions of rand of turnover. This should be reversed.

When the Property Practitioners Act replaced the old Estate Agencies Affairs Act in 2022, it shifted its focus from “estate agents” to the newly minted concept of “property practitioners.”

Today, Fidelity Fund certificates are required not only of estate agents who hold money in trust, but of all “property practitioners” spanning twelve different industry categories with vastly different businesses, including estate agents, property developers, property administrators, landlords, homeowners’ associations, auctioneers, bond originators, etc.
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'landlords'

The expansion of the scope of the State.
 
Bliksis said:
Blah blah all this nonsense meanwhile people have been and will be getting ripped off by scummy businesses with or without regulation.
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Typical comment from someone who is hellbent on a solution as long as it doesn't involve him having to pay attention to cause-and-effect.

The control you seek i.e. through decree, will always be applied selectively. What we've seen in terms of corruption, that endures decade after decade until economic collapse ensues, ought to be enough evidence of that.

You want to be free from exploitation, but without the accompanying responsibility to be a role-playing consumer i.e. taking on the responsibility for vetting contractors before appointing them.

Those who want to be both free from responsibility and free to control their own destiny, simultaneously, want two things that have never co-existed and will never co-exist.

The quickest route to checking the sector's abuse, that ultimately occurs courtesy of State regulation, is to secede. It will deliver the greatest rewards in the shortest time-frame. But for that you need a certain level of demonstrable support. You don't even need the large numbers the CI movement is waiting for e.g. the 1.6 million which CapeXit is waiting for, or the 2 million threshold the ULA is looking for.

Short of that, you can support organizations like Sakelige in their litigation against State encroachment. What they refer to as 'State-proofing' your business. By 1) educating yourself about what they are doing, b) providing information concerning your own experience in the property industry, and 3) donating to their business-community State-proofing efforts. They have a successful track-record in litigating against an encroaching State.

This trajectory we are on, towards another totalitarian State, destined for ruin, is not an idle threat. We should all take it seriously.
 
lexity said:
Typical comment from someone who is hellbent on a solution as long as it doesn't involve him having to pay attention to cause-and-effect.

The control you seek i.e. through decree, will always be applied selectively. What we've seen in terms of corruption, that endures decade after decade until economic collapse ensues, ought to be enough evidence of that.

You want to be free from exploitation, but without the accompanying responsibility to be a role-playing consumer i.e. taking on the responsibility for vetting contractors before appointing them.

Those who want to be both free from responsibility and free to control their own destiny, simultaneously, want two things that have never co-existed and will never co-exist.

The quickest route to checking the sector's abuse, that ultimately occurs courtesy of State regulation, is to secede. It will deliver the greatest rewards in the shortest time-frame. But for that you need a certain level of demonstrable support. You don't even need the large numbers the CI movement is waiting for e.g. the 1.6 million which CapeXit is waiting for, or the 2 million threshold the ULA is looking for.

Short of that, you can support organizations like Sakelige in their litigation against State encroachment. What they refer to as 'State-proofing' your business. By 1) educating yourself about what they are doing, b) providing information concerning your own experience in the property industry, and 3) donating to their business-community State-proofing efforts. They have a successful track-record in litigating against an encroaching State.

This trajectory we are on, towards another totalitarian State, destined for ruin, is not an idle threat. We should all take it seriously.
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Tldr. I'm not hell bent on a solution.

I'm saying they're greedy and that's why they are as scummy as they are. LOL

I don't know what meds you took or didn't take, but if you think you sound enlightened, you don't :ROFL:
 
Bliksis said:
Tldr. I'm not hell bent on a solution.

I'm saying they're greedy and that's why they are as scummy as they are. LOL

I don't know what meds you took or didn't take, but if you think you sound enlightened, you don't :ROFL:
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You would know.... cos you read it, right?

:ROFL:
 
lexity said:
:laugh:

Oh boy, another one who's been told it's normal.

You're being stiffed every day, guy (I'm sure you understand it's an analogue).

I'm not saying it's easy to let go of your world view, but maybe a bit of intellectual humility would go a long way.
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I don't have an issue with a handling fee, or rather, a fair and reasonable management fee. They should, however, provide you with a charge sheet, and update you on any changes made to it. I believe fees in a management plan should be inclusive, but open to negotiation. Once-off, or ad-hoc, fees are added on top of the contract; it's cream they can scoop off.

Administration is an allocation of resources. It is just a matter of how overzealous the service provider is with its income streams. The problem the OP has is the situation of not being able to vote with the wallet.

I am well aware of some estate agents charging for every query they have to handle. They charge that, in addition to their management plan, which is not always even included in the agreement. There are other things I can talk about that even extend further than estate agents.

This is not unique to management agents. Just be always sure to have an up-to-date charge, fee, or terms sheet.

Anyway.
 
lexity said:
Translation: you would voluntarily pay tax.

Even if it were equally criminal for the State's agents to compel you to pay them.

For everyone else you go to jail if you compel someone to subsidize your lifestyle.
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Bla bla bla...you're copying all these "rebellious" talking points from some website somewhere or just using ChatGP at this stage.

Meantime you're living like the rest of us...paying taxes and licenses and banking fees etc etc.

You're not kidding anybody with your spiel...
 
TheMightyQuin said:
Bla bla bla...you're copying all these "rebellious" talking points from some website somewhere or just using ChatGP at this stage.

Meantime you're living like the rest of us...paying taxes and licenses and banking fees etc etc.

You're not kidding anybody with your spiel...
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Ha ha. Not sure whether that's a compliment or an insult.

I know you mean it as an insult, ofc.
 
themightyquin(in whiny voice): Poor me. Look how greedy they are... they're forcing me to pay high fees.

lexity: Open competition has never not worked, throughout human history, to prevent unwanted exploitation. So stop whining, get off your arse and secede if you're tired of being taken to the cleaners.

themightyquin: You're just copying that that or getting it from chatGPT and are just as much a victim.
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:rolleyes:

Some people you just cannot help.
 
lexity said:
:rolleyes:

Some people you just cannot help.
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Lexity: Let me put word in mq's mouth so that my loony theories sound real and plausible.

I don't need your help, sonny. I don't live in an attempted anarchistic dreamland like you do.

I live in the real world and made a success out of it without toppling world governments and forming hippy communes...

Good bye.
 
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