Wagener Muller Vermaak Attorneys

Ripped Off

I’m a registered estate agent and Wagener Muller Vermaak Attorneys attended to a transfer of a property I had sold. A couple of weeks before registration of the property I requested them to fill in a document allowing me to apply for bridging finance for my commission. The legal consultant printed the documents, filled in a small section of 6 lines and put a signature to the document. It needs to be stated that as the agent I carried all the risk with regards to the transaction. She then sent the document back to me stating that the cost for this was R2500 plus vat. The total cost of me bridging my commission only amounted to R960.00. After the deal was completed she duly paid the bridging company on the same day as registration, however when I requested the balance of my commission payment to our company a week later, this was only done then. Commission needs to be paid from the Trust account within 24 hours of registration or receiving funds from the bank, not one week. I also received no invoice for the amount of R2500 plus vat deducted. At the end of her mail it states that she hopes we can do business together again in the future. Highly unlikely. We have 120 agents in our agency, I will make sure each one knows how I was totally ripped off by this company. I will also be reporting this matter to SARS for investigation into their trust account and accounting system, PPRA for investigation and the Law Society of South Africa. This will cost you more than your R2500 you ripped me off with.