EXCITING ESTATE AGENT OPPORTUNITY

By Jose Delgado

Fellow Treocians

You are all aware that we at TREOC Group are continuously, fervently working away at new and innovative concepts and ideas to adapt and capitalise on in the property market. Therefore, we are proud to announce a new unique TREOC offering which is aimed at estate agents and principals in South Africa. We have developed a new course exclusively for estate agents called the TREOC PROCUREMENT AGENT PROGRAMME. After completion of this new course the individual will become an Accredited TREOC Procurement Agent. This will open up a whole new world of opportunities for these estate agents working together with TREOC.

Our reasoning behind developing this course came out of a question we are often asked: "What percentage of new development to existing properties should I consider buying when building my property portfolio?" We believe that the National Credit Act and the 350 basis point increase in interest rates have caused the market to turn and we are looking at interesting times ahead. We are entering a buyer's cycle and there are greater opportunities opening up in the second hand or existing property market than there were up to now.

The new development environment is starting to change slowly - escalating building costs and lack of service delivery by government, especially the shortage of electricity in many areas(which slows the building of new developments down considerably), are causing our members to look to the existing property market for answers. We have also seen scenarios where a few developers have cancelled their developments only to re-launch them at higher prices at capital gains losses to the buyers. Being aware of these developments in the market enables us to adapt. A buyers market changes the strategy, and we can negotiate on the asking price. Also the shorter lead time to transfer allows us to start our property portfolios sooner, rather than waiting for a new development to be completed.

Any change in an environment opens up new opportunity, and at Treoc.com we are constantly moving the goalposts to keep ahead of the game, thus we are very excited to let you know that we would like to invite all Estate Agents to become agents of the TREOC business model. Realising that there will be a great opportunity for Estate Agents in the future of TREOC, we have developed a course for estate agents to enable them after completion to become Accredited TREOC Procurement Agents for second hand properties to the TREOC group.

This new offering is unique in that the estate agent need only source TREOC type properties, which will be sold through our TREOC Property Exchange. The traditional agent is required to source mandates, market the properties, attend show days, deal with the contractual issues; the finance issues, non-performance etc. In comparison to that, our TREOC procurement agents will only need to focus on one aspect of the traditional agents function, and that is the sourcing of property. The TREOC Property Exchange will handle the remainder of the sales process with our thousands of qualified buyers.

The TREOC PROCUREMENT AGENT PROGRAMME is managed and supported by our custom built software which tracks and manages all properties listed, sales and the progress of all sales. This opportunity is limited to the agent who is highly motivated, understands the intricacies of the second hand / existing property market and is prepared to purely source property and earn more commission than continuing ploughing on doing the same old thing expecting different results. The successful candidates will have to be estate agents or principals who have successfully completed THE TREOC PROPRTY PROCUREMENT AGENT PROGRAMME COURSE.

We believe this is a great opportunity for Estate Agents and our members alike. If you are an estate agent and you would like to know more about this great opportunity, please contact Clive Bydawell at clive@treoc.com who would be happy to send out more information.

Regards

Jose

NEW RECORDS

We achieved the following two all time new records for October 2007:

TREOC Finance. They broke the magical double hundred million mark with doing bonds in access of R200 million for October alone. This is fantastic if you take in consideration that many bond originators and estate agents are in big financial trouble at the moment due to the National Credit Act and the increasing interest rates. This is the proof like never before that the TREOC Way is the only consistent way. We want to thank our members for their loyal support and we want to congratulate Ian Deyzel, MD of TREOC Finance, and his dedicated staff. Well done!

Eastern Cape. On 31 October 2007 we had our biggest ever Port Elizabeth seminar with 81 delegates. They are creeping closer to our big seminars in Gauteng and Western Cape where we often have up to 150 delegates. The Port Elizabeth record however is proof to us that the credibility and the sustainability of the TREOC Way in all cycles and regions is picking up momentum because this remarkable achievement was done by word of mouth marketing only. We wish to congratulate and thank the Treocians in the Eastern Cape, our Investor Club manager Neil Krull, his enlightened members and his passionate staff for spreading the word and bringing the sun into the lives of so many.