Property Fox saves customer R93 000 on first property sale

Real estate startup Property Fox has saved a client R93 000 on their first sale. This comes after the company launched just three weeks ago.

According to a press release sent to Ventureburn, the property had been listed two weeks prior. Once going live, the listing appeared on the startup’s website and fed into numerous other online listing websites.

“We scheduled several listings for Mrs Kruger and within ONE DAY of posting it live we managed to find a buyer who fell in love with the property. After visiting the property twice, the buyer put in an offer that was accepted by Mrs Kruger,” says co-founder of Property Fox, Crispin Inglis.

Read more: Real estate startup Property Fox wants to save you money when selling houses

Property Fox aims to save customers over 80% of traditional estate agent costs by offering a 1.5% commission rate, or a one-off up-front fee or R25 000, after the first week of listing.

“We need to impress our potential customer base within seven days, and show them how our services are not only the best but also the most affordable,” writes Inglis is a previous press release.

The company has partnered with Lighthouse Property to handle all valuations, as well as thisisme.com to vet all potential buyers.