Bond Nest: Good to know…

Your questions answered – straight from the Nest.

Frequently Asked Questions:

The future of real estate in South Africa hinges on the ability to innovate and adapt.
You know it, and so do we. This is why we’ve built a platform for you, the agent, to leverage superior expertise, secure better financial outcomes for your clients, and ultimately, to acquire an independent income stream that is yours to manage and reap.

Considering becoming a member of Bond Nest?

Here’s our Good to Know Guide with the answers to your pressing questions.
Bond Nest is powered by Super Listing Services Pty Ltd (SLS). It is a domain under SLS

Who is SLS-Bond Nest?

SLS-Bond Nest is a certified, fully committed initiation program that empowers South African realtors with the opportunity to earn a percentage-based income independently. Additionally, SLS Bond Nest helps realtors nurture client-agent relationships through its trusted referral process for bond approvals.

How do I know this initiation model works?

This model has been piloted in ERL for over 5 years. We ran a test drive with our partner banks, using our member-only bond payment system and this proved successful. From here, we were confident to have SLS introduce this to our general market of agencies and agents, via our brand domain Bond Nest. Bond Nest is powered by Super Listing Services Pty Ltd.

How do I know SLS - Bond Nest is legit?

Super Listing Services Pty Ltd came into existence in 2016. It was born out of our experience with EAST RAND Listing (operating for 22 years). This is a closed members only system where properties are shared under various rules and regulation. We have extended great efforts to ensure strict vetting process across partner channels such as: legal contracts in place with each of our partner banks, necessary encryption certifications, gated security software, as well as privacy policies and accurately vetted terms and conditions, to ensure your protection.

Why should I choose SLS - Bond Nest over traditional commission-based earnings?

While your commission agreement with your agency is a separate payment system that exists between you and your agency, Bond Nest is offering you earning potential over and above, with an initiation fee, when you refer your client to apply for bond approval via one of our partner banks. The more you use Bond Nest, the bigger the reward on future successful registration of bonds.

We’re passionate about supporting South African real estate agents - what’s in it for the agent?

We’ve been in the industry a long time. One thing we know for sure, is that the real estate agent works the hardest, and the longest, for the least amount of revenue. We ‘re here to change this, to transform it!

How is SLS - Bond Nest transforming the property industry?

We’re for the agents that work hard for their commission but struggle to realise their full economic potential, which us why we’re giving real estate agents additional financial revenue streams that they may not have had access to before. We’ve built our initiation programme based on:

  • Streamlined processes to help connect agent and home buyer with certified bank specialists.
  • An assurance of a personal needs analyses, unique to each home buyer.
  • No cookie cut processes, no one size fits all, no run around.
  • An initiation fee based on the sliding scale, depending on the bond amount requested to our partner banks. For example: if a bond is requested for R1,000,000,your initiation fee will be R 4 173.91 excluding VAT. The VAT is deducted , if not VAT registered. Once the bond is accepted by your client and it is registered, the partner banks pay us, and we pay you. Register here to calculate your earning potential on various bond amounts. (Follow the terms and conditions for payment.)

When will I receive my initiation fee?

Once your home buyer has accepted the banks offer and the bond is registered, and our partner banks have paid Super Listing Services Pty Ltd (SLS), we will then pay you. Refer to our terms and conditions for payment process. We will notify you on next steps on the email provided.

What makes SLS - Bond Nest different to a Bond Originator?

Firstly, we pay the agency or agent. Bond Nest facilitates connection, from the agent and their customer to our partner banks. You, the agency or agent have control on the progress of your client’s application. You and your client will receive feedback on the progress of the application to the bank. You are always kept in the loop, to iron out problems and ensure timely turn around. This way, the banks get closer to your client and nurture them through the bond application process.

How many banks can my client choose with Bond Nest?

As many as Bond Nest offers. There is no limit to sending to as many Bond Nest partner banks as you choose. Or, your client can choose one preferred Bond Nest partner bank for submission, and you the agent pass this on via our system. NB! Please remember the Offer to Purchase (OTP) is required in the case of various bank submissions, and the banks will manage the rest with your client.

How do I keep track of my client approvals?

It’s easy. You have a fully automated dashboard available through our member portal. Your online dashboard alerts you to real-time status approvals and will archive the records for you. You’ll never lose sleep over it! As soon as the bond is registered you will be notified by Super Listing Services as to the payment process.

For the principal:

Do I have control as a principal over my agents using the SLS system of Bond Nest.

Yes, you do. We appreciate that some principals may be reluctant for their agents to work independently and receive an initiation fee. We have the support you need to maintain controls within your agency. Here’s how:

  • Register your agency.
  • Register as an agent selecting your agency.
  • The Bond Nest system will confirm your registration with a WhatsApp message prompting your reply.
  • Reply with the word principal, and your Agency Dashboard will be activated with immediate effect.
  • Should you, the principal, prefer to receive the initiation fee on behalf of your agents, please indicate this on the Agency Settings Page under your Agency Dashboard.
  • The onus is on you, the principal, to raise the invoice when contacted by Super Listing Services (SLS).
  • Your Agency Dashboard allows you to track all your registered agents with SLS Bond Nest. This includes agent feedback on deals from partner banks. Register your agency.

Why save our WhatsApp Numbers as contacts?

The reason for this is that all communication from the banks to you and your client will be done via WhatsApp. SLS – Bond Nest will also communicate via this channel, as it is secured by end-to-end encryption for payment verification and general communication of new products and incentives by SLS – Bond Nest.

For the Home Buyer:

Why should home buyers choose SLS - Bond Nest over traditional Bond Originators?

Bond approvals are a headache, most of the time. And every percentage point counts! Bond Nest supports home buyers by facilitating direct connections with the select banks, ensuring that each application is reviewed by our partner banks that understands your client’s unique needs.

Is bond approval guaranteed for the home buyer?

No. While Bond Nest can’t guarantee approvals, we can guarantee our bank partners are 100% approved and industry regulated for service excellence. Our partner banks will make this decision in conjunction with your client.

Got a question we haven’t answered? Feel free to drop us a line at:

Email: info@bondnest.co.za
Tel: 011-868-1160
General WhatsApp: +27 066 355 3895
Website: Contact Us
SLS - Bond Nest