Terms and Conditions: Shared Value Brokering Program “Elevate”

Elevate Shared Value Brokering Rewards - Terms and Conditions

Benefits:

1.1 Compliance Certificate Discounts:

1.1.1 When selling your property through Quay 1 with a minimum 12 week sole partnership agreement at a commission fee for service of 5% + VAT, you'll enjoy a 20% discount off compliance certificate fees when using a Quay 1 preferred supplier.

1.2 Moving and Relocation:

1.2.1 Selling your property through Quay 1 with a minimum 12 week sole partnership agreement at a fee for service of 5% + VAT entitles you to a 15% discount on professional moving fees when using a Quay 1 preferred supplier.

1.3 Professional Fees:

1.3.1 When transacting through Quay 1 as a buyer, seller or landlord, enjoy discounts of up to 75%* on associated professional consulting fees when using a Quay 1 preffered supplier; services include:
1.3.1.1 Engineering
1.3.1.2 Architecture
1.3.1.3 Tax planning and structuring
1.3.1.4 Legal

*The level of discount will vary depending on the scope of work.

1.4 Buyer Commission Referral:

1.4.1 Listing your property exclusively with Quay 1 with a minimum 12 week sole partnership agreement, with a fee for service of 5% + VAT and a listing price of R7,995,000 or more, entitles you to a 10% commission referral on any buyer who initially inquired about your property but ultimately purchased another property through Quay 1, provided the purchaser was not already on the Quay 1 buyers database at the time of inquiry.

1.5 Home Staging Discounts:

1.5.1 When selling your property through Quay 1 with a minimum 3 month sole partnership agreement at a fee for service of 5% + VAT and a listing price of at least R4,995,000, you'll enjoy a 10% discount on home-staging fees when using a Quay 1 preferred supplier.

1.6 Lease Fee for Landlords:

1.6.1 When you transact through Quay 1 as a landlord or tenant, enjoy discounts of up to 75% on the lease fee on all rentals above R10,000 per month.

1.7 Bond Registration Fees:

1.7.1 Buyers requiring a home loan for the property purchase enjoy up to 50% off the bond registration cost provided the financial institution nominates a Quay 1 preferred supplier for the home loan application.

1.8 Sellers Buying Through Quay 1:

1.8.1 Clients who sell through Quay 1 with a minimum 12 week sole partnership agreement at a fee for service of 5% + VAT, and subsequently purchase through Quay 1, will receive a 10% discount on Quay 1’s portion of the fee for service when buying, provided the property purchased has a commission fee for service of 5% + VAT.

1.9 Transferring Attorney Fees:

1.9.1 When selling through Quay 1 with a minimum 12 week sole partnership agreement and at a fee for service of 5% + VAT, Quay 1 will endeavour to assist in obtaining a discount on conveyancing attorney fees as far as possible. 

10. Bridging Finance Fees:

10.1  When selling your property through Quay 1 with a minimum 12 week sole partnership agreement at a commission fee for service of 5% + VAT, you'll enjoy a 15% discount off bridging finance fees when using a Quay 1 preferred supplier.

11. Forex Brokerage Fees

11.1 When transacting through Quay 1 as a buyer or seller on a minimum 12 week sole partnership agreement at a commission fee for service of 5% + VAT, enjoy discounts of up to 15% on forex brokerage fees when using a Quay 1 preffered supplier.

12. Solar Installation

12.1 When transacting through Quay 1 as a buyer, enjoy discounts of up to 10% on home solar installation when using a Quay 1 preffered supplier.

13.  Home Maintenance

13.1 When transacting through Quay 1 as a buyer or seller on a minimum 12 week sole partnership agreement at a commission fee for service of 5% + VAT, enjoy discounts of up to 20% off home maintenance work, including plumbing, electrical and building work when using a Quay 1 preffered supplier.

14. Insurance

14.1 When transacting through Quay 1 as a buyer or seller on a minimum 12 week sole partnership agreement at a commission fee for service of 5% + VAT, enjoy discounts of up to 30% off a range of insurance products when using a Quay 1 preffered supplier.

General:

2.1 Variation of Terms and Conditions:

2.1.1 Quay 1 reserves the right to amend, vary, update or withdraw any terms and conditions at any time without prior notice. It is the responsibility of the client to stay informed and review the governing terms and conditions applicable to the relevant agreement as required.

2.2 Indemnification Regarding Third-Party Services:

2.2.1 Quay 1 does not guarantee the efficiency, timeliness, or standard of services provided by its preferred suppliers. The Client agrees to indemnify and hold Quay 1 harmless from any claims, liabilities, damages, losses, or expenses arising from the actions or omissions of third-party suppliers.

2.3 In order to obtain the respective discounts it's up to the client to approach the respective preferred suppliers and request the discount on the basis of the Shared Value Brokering program. Quay 1 will in no way be held liable if a third party service provider does not elect to extend a discount to a client.