Ithunk 1st Gear September 11, 2011 Share September 11, 2011 They have their own sites but property guru is top ten popular hit sites in sg but all filled with agents no direct seller ↡ Advertisement Link to post Share on other sites More sharing options...
Sabbie Clutched September 11, 2011 Author Share September 11, 2011 but all filled with agents no direct seller Haha can find in classified ads or mcf Link to post Share on other sites More sharing options...
Ithunk 1st Gear September 11, 2011 Share September 11, 2011 (edited) Haha can find in classified ads or mcf hdb property is not worth so much in my opinion i am starting to feel that its the agents that are jacking the price up its not like vehicles where everything is controlled maybe i haven bought my first property yet so i am not sure....anyway there is not a need for me to purchase one right now unless buy condo or private for rental or something good way to make extra income Edited September 11, 2011 by Ithunk Link to post Share on other sites More sharing options...
Wt_know Supersonic September 11, 2011 Share September 11, 2011 (edited) there is always someone who made it to the million dollar table for 'agents' be it property, insurance, broker, etc 1st got the oyster, 2nd got the shell ... Edited September 11, 2011 by Wt_know Link to post Share on other sites More sharing options...
Ithunk 1st Gear September 11, 2011 Share September 11, 2011 (edited) there is always someone who made it to the million dollar table for 'agents' be it property, insurance, broker, etc 1st got the oyster, 2nd got the shell ... anyone can buy a property...with a 30 to 40 year loan then have to find ppl to rent the condo after tt money in pocket liao no need to do anything...but still have to pay in installment if the property is on loan anyway rich prs should buy condo not hdb and of course hdb is overpriced in my opinion...government housing should not be so expensive its like coe....y have to pay 60k for a coe when a preowned will be cheaper however i do agree living alone or with a wife does give independence and of course with a wife everything becomes easier as everything is shared Edited September 11, 2011 by Ithunk Link to post Share on other sites More sharing options...
Ithunk 1st Gear September 11, 2011 Share September 11, 2011 there is always someone who made it to the million dollar table for 'agents' be it property, insurance, broker, etc 1st got the oyster, 2nd got the shell ... once reach MDRT got to maintain leh...money eventually will be used up....so MDRT is more proving someone is a good salesman with a good reputation Link to post Share on other sites More sharing options...
Ithunk 1st Gear September 11, 2011 Share September 11, 2011 Haha can find in classified ads or mcf classifieds would be a better choice Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 Good, maintain ur stand. Dun stray. With my GF, as long as we're together it will be impossible Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 Thanks for sharing your experience, say if I am just an average agent, what is my expected pay? Some say can make more money training agents than selling is this true? To be honest, I'm still too new to know for sure. I know of some earning aout $3k to $4k, but I also know of some who earn about $15k. For the latter, I haven't looked into it so I can't help you out either. Sorry. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 Okay, thanks all for your comments, so it's not so easy being an agent la, then how come I see on fb all of them haolianing they earn 50K a month, top agent, top recruiter, even post pictures of their new cars, porsches, bmw, merc is it just a facade to give the impression they are successful to recruit more people to earn more money? but personally I had seen income tax of agents at 400K before, I don't think they will overly declare to iras rite I think they're playing the overriding card. Some do this to try and get more people under them and live off the overiding. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 (edited) hdb property is not worth so much in my opinion i am starting to feel that its the agents that are jacking the price up its not like vehicles where everything is controlled maybe i haven bought my first property yet so i am not sure....anyway there is not a need for me to purchase one right now unless buy condo or private for rental or something good way to make extra income Well I serve a lot of buyers (who are my clients from my former jobs or their friends), and its not just the agents lah. Agents fault coz a lot dua pao on how much the property can be sold for, but there are a lot of unrealistic sellers too lah, and then they blame all the agents for not being capable when the problem was the price. Almost forgot a good example of an unrealistic seller (whose agent grumbled to me). I was helping a friends dad look for a HDB (want my one HDB experience LOL), and while researching, found out that one of my neighbours wanted to sell at minimum $100k over valuation, which means $800k for an almost 40 year old 5room HDB flat... Mind you about a 10min walk alway I can get a similar sized private freehold apartment for less than $1.2mil, and one MRT station closer to the city, I can get a bigger 20++ year old EC for less lor Edited September 11, 2011 by Elfenstar Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 but the cheque he got to wait rite? becos for agents the money wont come so soon... but for private i heard its faster or immediate once the deal is closed No lah. About a month after the completion, but really have to plan and prepare your finances properly. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 the best is to buy direct from developer Yes and no lah, a lot of people seem to want space, and newer developments seem to be getting smaller and smaller lor, but if you want a slightly cheaper cost per square foot, then buying new is the best option. Anyway chances are you'll still be dealing with agents as most developers outsource the sales to one or two real estate agencies. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 I wouldn' t say its an easy or difficult job coz I nvr done it before, but i know that being a property agent, say someone gets u to sell his property, u don't get paid unless you sell the property and before that u need to advertise his property for him, at your expense for a few weeks, to a few mths, dpding on when u sell the property for your client, all these is from your pocket. Then u also need to incur expenses to travel to bring people to view flats, which can be a long drawn out process which can last for up to a few mths. all these while u don't get paid at all. so it might seem easy money for those high flyers, but for those many who are struggling, there is no income while waiting for a sale. also just like in insurance or car sales, becoz of the many others in the same line, its a cut throat world and many agents do a lot of things, some really unscrupulous just to get clients and business. are you suitable for this kind of dog eat dog world where if u r not ruthless enough you can be earning nothing for a few mths? if so u can go try, if not just be a salaried employee lor. You're spot on. I spent years saving, building up my contacts, and building up my reputation with my contacts before I dared to even step foot into this line, and even if you make your first sale on your first day as an agent (I got very lucky, it took me a week), you still have to wait about 3 months before you see any money coming in, and even before that you've already incurred expenses for classes for accreditation, licencing fees, namecards, traveling costs, advertising costs etc and then there's your regular expenses for the few months before you get your first pay-cheque.... Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 20 plus deals in 2yrs is quite substantial agent commission is now 5 to 10 percent ? between 1% and 2%, and its 1/2 month rental for every year of a rental contract. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 sabbie u got any listing? btw what are the good property website? do u think http://www.propertyguru.com.sg is good? +1 to what Sabbie said Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear September 11, 2011 Share September 11, 2011 but all filled with agents no direct seller Does it really matter??? If its the sellers agent you still don't need to pay commision mah Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear September 12, 2011 Share September 12, 2011 You mean flip the option? no need to pay stamp duty? I don't think it can still be done now....many developers has a clause in the option stating that the option cannot be transferred are u sure ↡ Advertisement Link to post Share on other sites More sharing options...
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