Are homeowners prioritising emotional return on investment (EROI)? | Everything Property
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Are homeowners prioritising emotional return on investment (EROI)?

Julia Finnis-Bedford from Amazing Spaces Real Estate

Understanding how emotion drives sellers’ decisions requires empathy and integrity from real estate agents, not a rush to close a deal.

An estimated R1.78 quadrillion in wealth is predicted to change hands globally from Baby Boomers to younger generations in the next decade. Known as The Great Wealth Transfer, a majority of these estates will have a home that will change hands, and many inheritors, including adult children will need to sell them.

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As research suggests, these sellers may end up prioritising emotional return on investment (EROI) over price before making their next move and disrupting the transfer of wealth.

Understanding how emotion drives sellers’ decisions requires empathy from real estate agents who are not out to make a quick buck.

Julia Finnis-Bedford from Amazing Spaces Real Estate says, “The properties we sell aren’t just bricks and mortar, they are decades of memories filled with emotion and are more human than one might think. Before we even discuss the potential sale price with our clients we spend time getting to know them. It’s important to respect the emotional significance these properties hold for them and to be patient and compassionate throughout the process. There is often a lot of tears, both happy and sad ones and knowing how to manage this while getting the best deal is essential.”

Choosing the right real estate agency is crucial when selling your home. You need partners who understand your circumstances and provide both financial guidance and emotional support. Julia offers these essential considerations:

One size does not fit all

Don’t assume established agencies automatically deliver superior service, or that your neighbour’s quick sale means their agency suits your needs. Boutique agencies with fewer agents offer more personalised guidance throughout the selling process proving invaluable when you’re struggling to say goodbye to your home.

Shared values and synergy

It’s important that an agency reflects your taste, values, and lifestyle. Providing relationship-first service with personal accountability and high agent involvement. A red flag for me is if an agent who doesn’t display calm confidence in their guidance and negotiation. Selling homes is more about people than it is about property and if the synergy doesn’t align, walk away.

Credentials and experience

Sales numbers don’t always reflect an agent’s true expertise. What matters is how they balance respecting a property’s sentimental value while ensuring realistic pricing, and how they communicate during emotional moments. Seek agents familiar with both local markets and international buyers. Our film locations division provides exclusive access to foreign investors actively seeking Cape Town properties, creating a specialised buyer network that traditional agencies cannot match.

Sales tactics

Ensure your agent lists your property publicly and request a sole mandate. According to a 2025 Kentwood Real Estate analysis, 95% of sellers achieving maximum market visibility sell faster and at higher prices than those limiting exposure. Wider exposure attracts more buyers, creating competition that drives up final sale prices. Even privacy-conscious sellers can benefit from strategic exposure while maintaining anonymity. A sole mandate ensures focused, exclusive marketing with clearer communication and a more efficient sales process.

Marketing

Seek story-led marketing that showcases your property’s unique character rather than generic template advertisements. Your home should become a brand that creates emotional connection, not just another listing so it stands out. Ask agents about their marketing tactics and ensure that technology is part of the plan. They need to be skilled at social media, use drones and cinematic walkthroughs to breathe life into your property especially for buyers who can’t visit in person and know how to stage your home to capture its best aspects.

Commission structures

In South Africa, residential property commission ranges between 5-7% and often reflect an agency’s depth of service, marketing quality, and strategic thinking. Premium photography, copywriting, video, staging support, and exposure all directly impact your sale outcome. We however have made a strategic decision not to compete on commission, because we compete on value through deep strategy, quality marketing, and client care. Always ask about commission, it’s your right to know.

When your property is truly distinctive, settling for conventional approaches simply won’t suffice. Seek an agent who will tell your property’s story with care, confidence, and expertise, guiding you through both the emotional journey of letting go and the strategic process of maximising your property’s value.

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