Calling all Estate Agents!

Standard Bank welcomes your business and expertise, and invites you to register to sell properties. Agents can earn 3% commission on properties sold.

Simply register as an agent online and submit your Fidelity Certificate Number or EAAB number. When you make an online offer on a Standard Bank repossessed property, that offer will automatically be locked to your agency’s name.

When an offer made by your agency on behalf of a client is accepted or declined you will receive notification via e-mail or sms. If it has been accepted, you will receive an e-mail containing a unique number as well as the OTP template. Your client must then complete the OTP and fax it to the number provided.

Agents may also market properties on online auction and bid on those auctions on behalf of their clients.

You will be able to manage these offers, as well as other properties your clients may be interested in, online.

Please register or login first

FAQ's:

  • After I'm registered, how do I submit offers on behalf of a client?
  • Simply click on the "Make an Offer" button on any property screen and submit the offer as normal. This offer is then locked to your Agency's name.
  • Standard Bank's Online Auctions seem different, can Agents also market these properties?
  • Yes indeed. As a brand new feature, STD Bank welcomes Estate Agents that bid on their Online Auctions on behalf of clients and remunerate them with 3% commission upon Registration. Just make sure you upload your Proxy Letter and Fidelity Fund Certificate, when participating in an Online Auction.
  • Can Agents submit offers to Standard Bank any other way, than online?
  • No. In order for Standard Bank to fairly consider and compare all received offers, all offers must be logged online on this platform.
  • What happens after I have logged an offer?
  • You will receive feedback via sms and e-mail if the offer is accepted or an e-mail if the offer is declined. If the offer is accepted, you will receive an e-mail with a unique Number and OTP template, that your client must complete and fax to the number provided in the e-mail.
  • How much commission will I earn?
  • For Non-mandated Agents, Standard Bank pays 3% commission (Excl. VAT) upon successful registration of a property. This offer does not include properties sold on an online or physical auction, where commission will only be payable if explicit arrangements have been made with the auctioneer on a case by case basis

Summary

  • Estate Agents can register online to sell Standard Bank properties, and manage properties and offers online
  • Estate Agents can make offers on behalf of clients on the MyRoof.co.za website, as well as bid on behalf of clients at the online auctions.
  • Agents earn 3% commission upon registration of a property.
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