MAIN IMAGE: Gawie Rossouw, operations manager at eXp Realty South Africa, and Jan Thiel, founder and CEO at PropNow
Staff writer
eXp Realty South Africa recently launched its online property bidding platform, eXp iBid, in partnership with PropNow.
Gawie Rossouw, operations manager at eXp Realty South Africa, expressed his excitement about the launch, stating, “eXp iBid is a game-changer for the buyer, seller, and estate agent alike. We are proud to bring this innovation to the South African market, offering a 100% fair price determination, transparent price development, and a clear digital offer process. It’s a win-win for everyone involved. We thank the PropNow team for partnering with us on this new product to help us better serve our real estate agents.”
Jan Thiel, founder and CEO at PropNow, adds: “Working with such a strong team at eXp, the world’s largest independent real estate network, is an amazing opportunity. We are truly excited to bring our experience in digital offer management to the dynamic South African market and create a completely new customer experience in real estate sales, which benefits everyone involved.”
eXp iBid aims to offer a transparent process for buyers, ensuring they get the fairest price for their dream homes. The platform provides a structured and standardised digital offer process, allowing buyers to submit their offers online from anywhere.
Monica Coetzee, eXp Realty’s property practitioner in Gauteng, added, “I recently had the pleasure of testing the new eXp iBid platform. This innovative platform streamlines the offer-making process, making it a breeze for buyers and sellers. The user-friendly interface ensures a smooth navigation experience, and the features are tailored to meet the unique needs of each property transaction. This platform stands out, from instant document uploads to clear communication channels.”
Advantages for Buyers Include:
- 100% fair price determination
- Transparent price development, eliminating the risk of overpaying
- Structured, standardised, and clear digital offer process
- Convenient online submission from anywhere
- Access to relevant documents for informed decision-making
- Stay updated with automatic notifications
- The use of the digital offer platform is completely free; sellers only pay agreed agent commission.
eXp iBid also aims to bring unparalleled advantages to sellers.
Advantages for Sellers Include:
- Optimal pricing
- Full market transparency
- Accelerated process to save money and time
- Freedom to conclude the transaction and decide on the buyer
- The use of the digital offer platform is completely free; sellers only pay agreed agent commission.
Buyers and sellers participating in eXp iBid can expect a seamless process facilitated by their real estate agents. After the bidding period concludes, the agent will guide the selected buyer through the remaining steps leading up to the contract exchange.
Advantages for Agents Include:
- Massive time savings
- Faster sales
- Higher customer satisfaction
- Better prices + more business = more commissions
- Unique listing tool
- No extra costs or fees for eXp Realty agents
