Members list their stock with Tradex Global. Each member and leading real estate agencies will receive an email with details of each new listing.
Enquiries from potential purchasers and Vendors is preferred via email or telephone. Within 24 hours, if not immediately, one of Tradex Global experienced executives will be in contact with the interested party.
Tradex Global is about selling members assets, either by selling for cash, trading other assets or via the use of Tradex Global currency.
The Tradex Global system is about doing business. We put like minded people together , it does not revolve around trade credits. We do encourage the use of these credits, however a member has a choice on which way they want to trade, Tradex Global also markets directly to cash buyers. This is the Tradex Global phenomenon, vendors have a much better chance of realizing the best priced by utilising the Tradex Global system.
Below is three scenarios identifying fee's based on the same property sale.
A) Property Exchange plus Cash
A member sells his property for $1,000,000 (vendor).
He accepts another property trade worth $400,000 and $600,000 cash.
In this deal the vendor pays 2.5% on the sale of the $1,000,000 property being $25,000 plus GST.
The Purchaser also pays 2.5% on the sale of the $400,000 property being $10,000 plus GST.
The vendor then receives rewards on his Tradex debit card equivalent to 20% of the fee's paid, in this case $5,000 which can be redeemed at any ATM or Eftpos terminal in Australia.
The purchaser also is a vendor in regards to the $400,000 property he also receives rewards equivalent to 20% of the fee's paid, in this case $2,000 which again can be redeemed at any ATM or Eftpos terminal in Australia.
B) Property Purchase for Cash & Trade
The seller (vendor) agrees to sell their property for $1,000,000 this time accepting $400,000 as 200X trade credits and $600,000 cash.
The vendor again pays 2.5% on the sale of the $1,000,000 property being $25,000 plus GST.
The purchaser providing he is a gold member is charged 6.5% being $26,000 or 8.5% being $34,000 if a silver member for the $400,000 trade currency transaction.
Again the 20% rewards apply to all fee's again in this transaction. That is $5,000 for the vendor. The purchaser receives a 20% cash reward on fees they have paid, $5,200 for Gold member or $6,800 for Silver member which can be redeemed via the Tradexdebit card at any ATM or Eftpos terminal in Australia.
C) Property Sale for Cash
The vendor agrees to sell their property for $1,000,000 to a cash buyer sourced through the Tradex Global Real estate agency.
The only person paying fees in this transaction is the vendor being the 2.5% real estate fee, or $25,000 plus GST. The vendor still receives the 20% reward being $5,000. This money may be redeemed at any ATM or Eftpos terminal in Australia. So in effect, selling your property through Tradex Global saves you money over normal REIQ transaction fees.