Plastic3

erm......You have a point there! hahahaha

Hi, I'm sorry, I typically do not reveal my fees until I meet my clients face to face... (There is 1 forumer who has engaged me to market her property, she asked for my commission rate over the phone I also did not tell her until I met her) To Agents...Real Estate is their own business, each Agent have their own way of doing things...each Agent also have their own beliefs on how much they should command, I encourage clients not to compare purely based on commission rate. There are Agents who can get 3% from their clients, because they provide quality service. I have also received more than what I had requested because client was happy with my service, but of course this is very rare as most client wouldn't give more even if they openly acknowledge that you did a good job......

Woah! 2k COV at the current market is unbelievable, congrats!

NO, there is obvious conflict of interest, which is why I always encourage buyers to engage their own Agent. YES, I guess now a lot of buyers will look for me to find home and won't want to pay me anything

Guess I shouldn't be shocked since my own parents are separated, I just feel sad for the children...it impacts them alot.

alamak, so many friends divorcing?

Actually, there is no harm appealing, i've heard of cases where HDB actually accepts appeals (BUT, that situation is different from this one) There is many things not made known to the public, if in doubt just appeal....you never know.... bepgof, is right, I forgot to mention in divorce case, once the court order is sent to them....they have to sell within 6-months if under both names

I can't comment whether they intended to "cheat" you, I know some Agents assume all buyers know about the 1% fee standard so some may forget to tell you, personally I always tell my clients before any negotiations/paperwork... Since they have black and white, it is very hard to "bargain" with them...the only acceptable reason is that the person signing the contract does not understand english....other than that i'm sorry to say it is really up to the Agent/Agency whether to lower the commission for you..

Since the rules are new, there are some details to iron out as well....for cases where people are really in need try to appeal to MP to help....

The Agent should have told y'guys about the 1% fee before any paperwork was done...

Thanks for your encouragement!

Yes, there are many rich Agents....unfortunately i'm not one of them

Continuing Professional Development (CPD), I believe it is continued training/courses of new laws and rules implemented....have to attend 24hrs... This Agent just blatantly flouted the rules, it is impossible to not know this basic HDB rule... I believe there are crooks in almost every profession, there are lawyers who abscond with their client's money, similarly Doctors who cheat patients...they are highly respected professionals who we are suppose to be able to trust..

Yup, Bank loan is looking more attractive with the new rules out.... somemore lowest rate for the 1st year is only 1.25%

disgrace to Agents

Nice! love your masterbedroom

traditional way of posting ads in paper and online still yield better results...

No matter how big the Jumbo is the maximum amount of people it can house is 9, anymore it'll be illegal.

Agreed!

I respect you for giving your Agent the exclusive, most sellers are unwillingly to give exclusive...they'll rather let many Agents sell and let them "kill each other" out there...not realizing that the Agents are unable to uphold the sellers price if so many Agents are involved all will try to close the deal quickly at a lower price... There are Good & there are Bad Indian Agents...I don't think it has anything to do with race...probably the mentor just had unfortunate bad experiences...

Yes, there are Agents like that... Good that the final outcome is to your advantage

Yes, in private property transactions buyers need not give their agent commission, some buyers give if they like the agents service or if they got a good price...but this is entirely up to the buyer....

I wonder who would buy a HDB for a million dollars??!!??!

I searched for "257 bishan", no results.....is there a particular way of entering search terms to get the results?

the rules are really coming in fast and furious!