Bondeed Estate Agent Partner Programme — Terms and Conditions
Last updated: 22/01/2026
These Terms and Conditions govern participation in the Bondeed Estate Agent Partner Programme. By registering, you agree to be bound by these Terms and Conditions.
1. Definitions
1.1 Bondeed: Bondeed (Pty) Ltd, a registered bond origination business in South Africa.
1.2 Partner Agent: Any approved and registered estate agent or agency.
1.3 Qualifying Period: 1 February to 31 January each year.
1.4 Registered Bond: A bond approved, signed, and registered at the Deeds Office.
2. Eligibility and Participation
2.1 Participation is open to registered South African estate agents and agencies.
2.2 Bondeed may approve, suspend, or terminate participation at its discretion.
2.3 Partner Agents must provide accurate and up to date information.
3. Commission Structure
3.1 Standard Commission: 0.3% on all successfully registered bonds referred through Bondeed.
3.2 Next Level Commission: 0.7% applies to bonds registered after a cumulative R10 million bond value is reached within a single Qualifying Period.
3.3 Enhanced commission does not apply retrospectively.
4. Referral Transactions and Split Commission
4.1 Where a Partner Agent refers a client to Bondeed, and that client purchases through an estate agent who is not a Bondeed Partner Agent, the registered bond value will still count toward the referring Partner Agent's qualifying total.
4.2 For such non-partner transactions, commission payable to the referring Partner Agent will be 0.3% before reaching the R10 million qualifying threshold and 0.7% after the R10 million qualifying threshold has been reached.
4.3 The rates in 4.2 apply only where the estate agent handling the property sale ("Deal Agent") is not a Bondeed Partner Agent.
4.4 Where the Deal Agent is also a Bondeed Partner Agent, a shared commission structure applies as follows —
4.4.1 The referring Partner Agent will receive 0.4% if they have reached the R10 million qualifying threshold, or 0.3% if they have not reached the threshold.
4.4.2 The Deal Agent will receive 0.3% if they have reached the R10 million qualifying threshold, or 0.1% if they have not reached the threshold.
5. Payment Terms
5.1 Commission is payable only after bond registration at the Deeds Office and receipt of Bondeed's origination fee.
5.2 Payments are made via EFT.
5.3 Bondeed may withhold payment where documentation is outstanding, disputes exist, or fraud is suspected.
6. Qualifying Deals
6.1 Only bonds submitted through Bondeed, approved, and registered qualify for commission.
6.2 Cancelled, declined, withdrawn, or unregistered bonds do not qualify.
7. Non-Exclusivity
7.1 The programme is non-exclusive.
7.2 Bondeed does not guarantee bond approval or registration.
8. Conduct and Confidentiality
8.1 Partner Agents must act ethically, lawfully, and not misrepresent Bondeed.
8.2 All client and commercial information is confidential.
9. Marketing
9.1 Bondeed branding may be used only with prior approval.
9.2 Bondeed may reference Partner Agents for marketing purposes unless requested otherwise.
10. Liability
10.1 Bondeed's liability is limited to commission amounts payable on registered bonds.
11. Amendments and Termination
11.1 Bondeed may amend these Terms and Conditions at any time by publishing updates on its website.
11.2 Either party may terminate the relationship in writing. Earned commission remains payable subject to these Terms and Conditions.
12. Governing Law
These Terms and Conditions are governed by the laws of the Republic of South Africa.