Sell Shares Held by Individual Person

$300 million+ in shares sold

42,000+ share sale customers

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Sell Shares Held by an Individual Person

Shares held by an individual person are the most common type of shareholding. This simply means your shares are held in your name, with no account designations or special conditions attached. Shares held by an individual person are the easiest to sell, and in most cases, you won’t even need to scan and email or post a single document!

How to Sell Shares Held by an Individual Person

To sell shares held by an individual person, all you need to do is:

1. Complete the online share sale form

2. Complete a short online ID check

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Step 1 - Complete the Online Share Sale Form

The online share sale form takes around five minutes to complete and simply collects basic information about yourself and the shareholding. The key thing you’ll need here is your Securityholder Reference Number (SRN) which should begin with the letter “I”. Other things we’ll ask you in this form include how many shares you wish to sell, where you would like us to transfer your money and which service level you would like to receive (Value or Express).

Step 2 - Complete the Online ID Check

The online ID check is automatically sent to the shareholder’s email address after the share sale form is completed. Here, the shareholder is guided through a short online form where the shareholder will:

1. Accept the terms and conditions

2. Call our automated phone line to leave a quick voice message

3. Provide 100 points of ID through GreenID’s electronic verification platform

GreenID is a third-party software suite we pay for to save you the hassle of taking your ID documents to a JP to have them certified and then posting them or scanning to us. With GreenID, all you need to do is input primary ID information (either your driver’s licence number or passport number) and we do the rest! Once the above steps are complete, our professional team will review your submission and process your shares to be sold.

How Long Does it Take to Sell?

As the leading one off share specialist in Australia, you won’t find a mob who can sell your shares faster! For Express share sales, we will sell your shares on the same day you complete the online share sale form (provided you complete the online ID check before 3pm AEST). For all other sales, we will usually have your shares sold for you within 1-2 business days.

When Will I Receive the Money?

Funds from your share sale are transferred to your bank account 3 business days after the shares are sold. For example, if you sold your shares on Monday, you would receive your money on Thursday.

How Much Does it Cost?

We have 3 service levels for our share sale service, starting at Australia’s lowest one off share sale rate of just $40 or 0.2%. The most popular service is our online Value service which is $110 or 1%. If you need your shares sold urgently, you can use our same day Express service for $150 or 1.5%. The brokerage fee is taken from your share sale proceeds before we transfer them to you, so there are no up-front costs and no other hidden fees or charges.