

aida81
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Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Mine was also one of the top agent achiever too.. dont understand some ppl can live easily on other ppl hard earned money.. u never call them? -
Hi Tong tong I need the contact too pls.. if anybody got it earlier pls pls pm me too. Thanks in advance!!!
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Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
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Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Maybe they are still negotiating with the agents, I somehow feel that the agent are the ones who agrees or disagrees on the amt the legal dept decide. But tng just asking you what amt you think reasonable for you to pay them? they cut urs more than half right? I've emailed mine last mon, and received their aknowledgement the same day, so waiting for the outcome. -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Haha really!! even school boy ask for something also knows how to say thank u .. Yah my problem also came from so called their professional service -
Gosh I'm in love with yr hse!!
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Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
I think i know the reason, coz u intro urself as plastic, thats y hehehehe -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Yah tng, imagine if everyone boycott agent service, thumbs up for agents.. I mean only to the means & greedy ones not like Mr Plastic hehee anyway I will sign up for the resale seminar one day then sell and buy hse on my own ..then encourage ppl to go for it.. -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
I see.. will do on my own to avoid further cost alto if nothing at least I tried lah.. Mr Agent well, if you said so I believe u belongs to the good agent category.. If given a chance, I will consider u next time , Bepgoff ~~ yah i agree. for me its not that I dont wanna pay, charge fairly la... more work, charge more, less work charge less.. Haiyah now cracking my head to write the letter, in a nice way not so emoooooooooo haizz.. -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Woah! 2k COV at the current market is unbelievable, congrats! Thank u, so when the agency view my case, COV so low already no chance of it to be waived right lol -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Mr Plastic, how much u charge for my case.... Oh come on be open can?? -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Yah think of writting to them first.. , hmmm go case must pay or not.. sorry stupid question, coz I never done before lah -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Well a very good lesson learnt lah.. becoz all this while I spend so many days searching for a unit, but not doing any research on agents sneaky tactics.. which I regret so much,, sighzz hello brother its sister lah.. yah at least I paid 2K for COV only muahahah so not that heartpainlah, win some lost some... -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
well what to do.. just hope they will -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Thats what I tot, but I 'll just try my luck lah, if they give good can still recommend ppl to their company, if not I shall just spread news abt these, yah just to warn first timers like me, and the careless mistake I made Haha Terence, thanks for sharing, teaks r quite heavy rite??...poor guys good exercise !! -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Thanks all Saw the COmm agreement I've signed. honestly its actually misleading, coz I really tot its part of OTP, now that its proven that I've signed no other way out. but they advised me, to write in to the company legal dept. On their part they cannot do anything. bepgof, Im planning to write in nicely under ur no 2a, but ask to waive some fees..haiyah got chance or not. I cant afford to pay legal fees lah ..money not enuff.. and not has daring as u they highlight to me again, its like u enter a shop, u like something u bargain with the seller, not the seller ask you want discount or not. but to us this is service!! that we dont see .. haiyah no matter what i say also wont make any sense liao.. they have the black and white. which totally shuts my plan out.. Mr Plastic, I can say they are quite sneaky, taking advantage of me 1st timer, lack of knowledge in buyin property, but I blame myself for not being careful, but a good agent will definitely highlight right.. mine dont even say it.. how to start bargaining? any advise Mr Agent ? -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Thanks Tng, I really appreciate it.. i dont know how to thank u more.. for my case I dont even know whether i sign the comm agreement letter .. i saw he drafted a blank paper whereby he said its all the cost we nd to pay.. and he mention its just a draft and will copy and pass to us. he made us sign it.. we do coz he said this is just a draft. .. comm agree shd be in a standard form rather than blank paper..if not its like blackmail already.. anyway he did not reply me yet, when he can pass the docs, so called pro service... -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Agree!!! and I am one of the one who always falls for sweet talks..and difficult to say no, a lesson learnt , serve me right to enter into this mess.. Terence why dont u represent us write to hdb or ST forum page.. -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Wow congrats at least worth the effort yah, if you dont mind can you share with me how u go abt it.. the letter format etc..< i really need it, if let say he refuse to budge on his commission.and if u dont mind plsssssss....but for yr case there is no proof of commission agreement right? -
To Avoid Conflict Of Interest
aida81 replied to aida81's topic in Housing Rules, Policies and Procedures
noted, thanks to the both of you, I'm meeting him soon, already request every single letter docs i've signed. will update again. -
Independent Buyer 1% Commission To Seller Agent
aida81 replied to tnqhome's topic in Rent/Sell Properties
Hi Tnghome, My situation is just like u. I posted my post at another topic, "To avoid conflict of interest"at the housing procedures... So how any outcome on the above? -
To Avoid Conflict Of Interest
aida81 replied to aida81's topic in Housing Rules, Policies and Procedures
Very lengthy eh, thank u so much Terence, I really appreciate that. why don’t just reply here, so in future, homeseekers like me wld be more aware. Im so naive, my hubby is non citizen so he cannot advise me, but I still remember he said those guys are sneaky. Its just me who tot they are nice. 1. U viewed the unit with your agent or walk in yourself? If with yr agent, just pay your agent. I saw the add in the newspaper and contact him directly, I don’t have an agent. 2. Have u signed the commission agreement with seller's agent? If u have signed and now step back, it would be wrong on you. He ask me to sign a lot of stuff, but explain to us which doc is for what, and I seriously don’t remember one of them is the commission agreement, therefore, I just smsed him that I require all the docs that I signed and added if these are goin to add to the cost of his commission, I can personally pick it up. I think he knows Im furious. And till now he have not replied me. 3. Have u paid 1K for deposit and 4K for exercising the OTP? If yes, the deal is considered legally bind (actually still subject to 1st appointment) Yes I paid both. Legal contract = offer + consideration, the "offer" could later become a "counter-offer". Consideration=1K +4K, in this case(if u have done). "Exclusive" means "the one and the only", anyway, I doubted seller has signed exclusive agreement with his agent, "usually" has to pay the agent 2% comm. This does not apply to u. I see, if they signed that means this guys earns another 1%. You are legally, absolutely need not to pay seller's agent even a cent, if u have not signed commission agreement with him/her. If you need the valuation report for bankloan purpose, just pay him $180, or you can ask for a seperate valuation to be done and absorb the cost. I just paid him the valuation report and HDB registration fees. In Singapore, there is not "legislation/regulation" as to buyer must pay comm to seller's agent in a transaction, this is especially true and practiced in the resale private property transaction. In HDB resale, it is up to buyer whether to pay comm to seller's agent - walking case applied. I guessed, most "walk-in" buyers engaged seller's agent to represent buyer's and therefore pay 1% comm to seller's agent, mostly due to uncertainties of procedures. Well, Im waiting for him to pass me the necc docs and take a look as he so called “commission agreement” PM me if you wish, very lengthy to write here. Anyway, just let you know: 1. In 2006, I entered an exclusive agreement with agent to sell my 1st hdb unit, paying 2% comm. I happened to meet the buyer only during 2nd appointment. 2. In 2009, again, I engaged an exclusive agreement with agent to sell away my private prty. Paid 2% comm 3. In 2009, I engaged seller's agent to represent me (walk in for viewing) and paid 1% comm. (It looks like die die have to pay hor) -
To Avoid Conflict Of Interest
aida81 replied to aida81's topic in Housing Rules, Policies and Procedures
Thanks all for the response,, i really appreciate it.. I emailed to him to negotiate his commission, which i think its unfair, Im first time buyer, and Im ignorant abt the policies all that, and so far we have not even meet hdb for 1st appt. Im told him I admitted I was wrong coz I didt negotiate abt comission, i was so excited abt the hse that I forgot to talk abt it, which he didnt even open it up for discussion. and then blaming me that I shd bargain before not after, pls see his reply.. anyone can advise me further, can I stop him then present myself during hdb appt.. pls advise. it is the agent's right to claim his commission as the client which is the seller is his exclusive seller and being the exclusive agent whom in this case is myself, brought you up to the unit with you not mentioning that you are not willing to pay any commission at all in the first place. Even if you are being serve by an agent whom wanted to bring you to view any unit which is not their exclusive seller, the buyer agent will have to seek permission to CO-BROKE from the seller agent. Which means that the buyer agent is telling the seller agent that he/she will be taking commission from the buyer if he/she were to bring them up and close the case. It is also up to the seller agent willingness to Co-Broke the case. Should the seller agent not willing to co-broke and the buyer really wanted to buy the house, then it is still the exclusive seller agent's right to his commission. But i always mentioned to my associates, it is healthier to co-broke in order to get the best price for the seller. Put it in this manner. Our practice is, we always negotiate everything upfront before we come to conclusion.We even allow Co-Broke unlike most agent nowadays don't. But everything is mention from the beginning and not after.I don't blame you for not knowing the regulation but i am pretty sure even if you do buy things at any shop,you will negotiate for the things before you step out of the shop and not after.Which i would say nowadays people don't negotiate as much as they do last time. Price are stated on the item,people just pay and go .Unlike for some cases where even items are not tag with price, people will still ask for the price, they consider, they pay and go. It is therefore a mutual contract that they agree to the price when they see the tag, they therefore go to the counter to make payment. For this case you may say that you do not know the real estate regulation that you didn't mention to us from the moment you met us that you will not pay or pay just partial of the buying commission. But even when you met us the 2nd time with to look at the house and finally when it is close, there wasn't any qualms with regards to the commission agreement that you sign. -
To Avoid Conflict Of Interest
aida81 replied to aida81's topic in Housing Rules, Policies and Procedures
Thanks Asoon!! he just drafted on a psc of paper stating the amt we are suppose to fork out inclusive of the commission. I only remember signing various forms, and not abt the commission part. Oh really, then I can tell that I wish to represent myself during the 1st appt, but he did submit the docs to hdb.felt guilty but more heartpain to come out with the commission.