The old way
Your letting agent
Priced as a slice of your income, forever.
- Typically 8-12% of every rand of rent, every month, plus a full month's finder's fee each time a tenant changes. Your rent goes up and so does their cut.
- Vetting is a gut feel and a phone call. You learn about the arrears the month the rent does not arrive.
- Rent reaches you when their reconciliation clears. Sometimes the 3rd. Sometimes the 7th.
- Statements are PDFs you have to ask for. The deposit sits in their account, on their terms, on their timeline.
LeasEase
A fraction of the cost
One flat monthly fee per door that does not grow with your rent.
- No commission. No finder's fee. One simple subscription with a 30-day free trial on every tier, and you can cancel whenever you like.
- Every applicant screened identically, on a fuller picture than a credit score alone, with the reasoning on record.
- Rent day on rails, honestly labelled. DebiCheck collection is in build; once live, a bank-authenticated mandate collects on the 1st. The arrears sequence already runs from day 31, in your name.
- A live ledger, and a regulated trust being built for the deposits. You, your tenant and your accountant read the same numbers at the same moment.
Is this a fight with your agent?
No. Plenty of good agents do work worth paying for. What LeasEase objects to is a percentage of your income, forever, for admin that infrastructure now does better. If your agent earns their commission, keep them. If what you actually get is a monthly statement and a phone number that rings out, you have options.