Tom_kkh 1st Gear April 9, 2012 Share April 9, 2012 (edited) heard only ar, don sue me. scenario : - I want to sell my house. i use an agent. the agent found me a potential buyer. but he don bring the buyer to me(yet). the agent call his colleague( lets call him Mr B) to approach "my" potential buyer and tell the buyer he got a suitable house n want to act as the buyer agent. so when the sales is concluded. my agent will get his com from me. Mr B will get his com from the buyer and share with my agent. Y do that? because nowadays agent can only collect com from 1 side... so by introducing an agent to the buyer, he get more $.... anyone met this type of agent before? Edited April 9, 2012 by Tom_kkh ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic April 9, 2012 Share April 9, 2012 heard only ar, don sue me. scenario : - I want to sell my house. i use an agent. the agent found me a potential buyer. but he don bring the buyer to me(yet). the agent call his colleague( lets call him Mr B) to approach "my" potential buyer and tell the buyer he got a suitable house. so when the sales is concluded. my agent will get his com from me. Mr B will get his com from the buyer and share with my agent. Y do that? because nowadays agent can only collect com from 1 side... so by introducing an agent to the buyer, he get more $.... anyone met this type of agent before? i have experienced worse. Link to post Share on other sites More sharing options...
LouisLain Neutral Newbie April 9, 2012 Share April 9, 2012 Aiya ... To me 99.9% of the property agents are xxxxxxx. Believe them oso die!! Link to post Share on other sites More sharing options...
Atonchia Supersonic April 9, 2012 Share April 9, 2012 Consider it a payment for paper work and foot work lor. But wouldn't the buyer know? When both agent would have already seen him. Link to post Share on other sites More sharing options...
Celicar Turbocharged April 9, 2012 Share April 9, 2012 Talking about housing agents just make my blood boil. Paste ads all over the place because they really hack care if they dirty the estate, after all they are not living there, just there to make $$. It is cos such acts of vandalism are not punished heavily enough that they continue to do so. Pui! Link to post Share on other sites More sharing options...
KARTer 2nd Gear April 9, 2012 Share April 9, 2012 Consider it a payment for paper work and foot work lor. But wouldn't the buyer know? When both agent would have already seen him. if both buyer and seller provide evidence, i wonder which govt agency or trade association can take actions against the two 'cheats'? these guys need to be close monitored and regulated to protect the interest of their clients who pay them big money. Link to post Share on other sites More sharing options...
D3badge 6th Gear April 9, 2012 Share April 9, 2012 heard only ar, don sue me. scenario : - I want to sell my house. i use an agent. the agent found me a potential buyer. but he don bring the buyer to me(yet). the agent call his colleague( lets call him Mr B) to approach "my" potential buyer and tell the buyer he got a suitable house n want to act as the buyer agent. so when the sales is concluded. my agent will get his com from me. Mr B will get his com from the buyer and share with my agent. Y do that? because nowadays agent can only collect com from 1 side... so by introducing an agent to the buyer, he get more $.... anyone met this type of agent before? I use my own agent, never use one that approach me Link to post Share on other sites More sharing options...
KARTer 2nd Gear April 9, 2012 Share April 9, 2012 Talking about housing agents just make my blood boil. Paste ads all over the place because they really hack care if they dirty the estate, after all they are not living there, just there to make $$. It is cos such acts of vandalism are not punished heavily enough that they continue to do so. Pui! throw all their ads into the mail box, the more the merrier, flood the box and let post office go after them.... Link to post Share on other sites More sharing options...
Scb11980 1st Gear April 9, 2012 Share April 9, 2012 Sky Habitat Project Developer Location Total no of units Tenure TOP date Land cost Est breakeven cost ASP Units Configuration 1BR 2BR 3BR 4BR PH Sky Habitat Capitaland/Mitsubishi Estate Asia/Shimizu Bishan no of units: 509 99-year 1Q2016 S$869psf ppr Breakeven S$1300-1350psf S$1700-1800psf (est) Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 Sky Habitat Project Developer Location Total no of units Tenure TOP date Land cost Est breakeven cost ASP Units Configuration 1BR 2BR 3BR 4BR PH Sky Habitat Capitaland/Mitsubishi Estate Asia/Shimizu Bishan no of units: 509 99-year 1Q2016 S$869psf ppr Breakeven S$1300-1350psf S$1700-1800psf (est) You're marketing this too ah! Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 heard only ar, don sue me. scenario : - I want to sell my house. i use an agent. the agent found me a potential buyer. but he don bring the buyer to me(yet). the agent call his colleague( lets call him Mr B) to approach "my" potential buyer and tell the buyer he got a suitable house n want to act as the buyer agent. so when the sales is concluded. my agent will get his com from me. Mr B will get his com from the buyer and share with my agent. Y do that? because nowadays agent can only collect com from 1 side... so by introducing an agent to the buyer, he get more $.... anyone met this type of agent before? 80% of all fellow agents I've met are dodgy. If you get the chance to sit down with a whole bunch of agents and have kopi, you'll realise that for most $ is the only motivating factor. Quite often, the first will try and chop carrot the buyer that they need an agent (which they don't) and refer their colleague, but only if the potential buyer wants to make an offer. I don't bother. I just help the buyer out FOC because the goodwill is far more important to me, and the truth is, the goodwill has helped. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 if both buyer and seller provide evidence, i wonder which govt agency or trade association can take actions against the two 'cheats'? these guys need to be close monitored and regulated to protect the interest of their clients who pay them big money. Uncle Fu, you can contact the CEA CEA Singapore if one of two things can be proven. 1) The sellers agent carroted the buyer into using an agent. 2) The sellers agent got remuneration from the buyer. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 (edited) Talking about housing agents just make my blood boil. Paste ads all over the place because they really hack care if they dirty the estate, after all they are not living there, just there to make $$. It is cos such acts of vandalism are not punished heavily enough that they continue to do so. Pui! Paste ads? I'm guessing those paper ones at lift lobbies etc? If so, go complain to CEA or BCA. We're not supposed to. I actually suspect those are not certified agents. Edited April 9, 2012 by Elfenstar Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 I use my own agent, never use one that approach me IMHO, nothing wrong with one that approaches. However once you find a good one, stick with him/her. Link to post Share on other sites More sharing options...
Jj5599 1st Gear April 9, 2012 Share April 9, 2012 If you are talking about private property transaction, usually the estate agent representing the purchaser will get some commission sharing from the vendor's agent. Purchaser no need pay commission. Link to post Share on other sites More sharing options...
LoverofCar 6th Gear April 9, 2012 Share April 9, 2012 Because now agent can only represent a single side..either buyer or seller side...so it is not wrong for him to get his team member or such to act for the other party..,. Link to post Share on other sites More sharing options...
Nodtviedt 2nd Gear April 9, 2012 Share April 9, 2012 I think they call it co-broke or something... From my understanding of what you posted, what do you have to lose? You still only pay your agent the same commision. If it were me, and I know who the buyer is, together we will find another agent to take up the sale for both parties and get a discount on his commisions (from both parties)... provided there was no signed agreement earlier. Link to post Share on other sites More sharing options...
Elfenstar 3rd Gear April 9, 2012 Share April 9, 2012 (edited) Because now agent can only represent a single side..either buyer or seller side...so it is not wrong for him to get his team member or such to act for the other party..,. It depends. As long as there is no deceit involved (i.e. telling the buyer that an agent is required- as per what a lot of HDB agents say), then its fine. Edited April 9, 2012 by Elfenstar ↡ Advertisement Link to post Share on other sites More sharing options...
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