Property sales go online
A new online commercial property trading portal has been launched, with anchor Fountainhead Properties offering up 27 commercial properties through Quoin Online.
Quoin Online is a specialised Web-based property transactional business system that enables property buyers and sellers to transact on property anywhere worldwide.
The platform would provide and administer an online transactional tool for Fountainhead and provide the tools for the prospective buyers and brokers to register online and acquire the “sales packs”, draft sales agreement and a comprehensive package of essential information online, Quoin Online director Wayne van der Vent said.
The property market had effectively used the Internet as a marketing and communication channel; however, with 80% of all property enquiries now made online and the ever-increasing uptake of online trading platforms, the industry needed to “take it to online sales”.
“Quoin's software system has been used and perfected over the last seven years in the auto business industry where it has, to date, concluded more than 100 000 successful transactions,” noted Van der Vent.
The process would see buyers submit an online nonbinding expression of interest and a marked up version of the sales agreement, with the seller then compiling a list of preferred buyers and the final binding offers open for acceptance.
The “bidding methodology" enabled buyers, who would have full access to the required information to make an informed decision, to revise their offers against each other as they are able to view both the number and conditions with the requisite anonymity.
“[This also] allows the seller to maximise the pricing without having to enter into convoluted pricing debates and counter offers,” he pointed out.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation



















