Skip to content
WIZ FinTech

What happens when a property is sold?

Updated 05 Oct 2026

Whether the sale follows a planned exit or a vote to sell:

  1. The sale price is recorded against the property.
  2. The profit is worked out: sale price less cost, expenses and fees. Withholding tax applies.
  3. The payout is prepared by finance and approved by a second officer.
  4. When paid, your units are redeemed and the money appears in your wallet. The property shows Sold.
Did this answer your question?
Thank you for your feedback. If you still need help, contact us.

Related articles