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therock

By therock,
in Property Buzz

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Throttle2

Throttle2

Supersonic
On 5/13/2024 at 11:34 AM, metalstream said:

Eventually, HDB property platform will start to charge $$$.

It's just like how Singapore Post also wanna take  a share of pawnshop business an dhow Fairprice (not necessary fair prices)  wants to take a share of the casket business.

Typical Chinese copycat.

charge a fee like $50 to keep listing for 6mths , i think it's fair.    Singpost is listco....not civil service leh

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Throttle2

Throttle2

Supersonic
On 5/13/2024 at 11:57 AM, metalstream said:

Al Gong will tell you they'd leave this to "market forces".

lthen they should leave many other types comms to market forces, too.....  

Petition for Agents Fees to be regulated and capped.  heh 

 

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Mkl22

Mkl22

Supersonic
On 5/13/2024 at 11:34 AM, metalstream said:

Eventually, HDB property platform will start to charge $$$.

It's just like how Singapore Post also wanna take  a share of pawnshop business an dhow Fairprice (not necessary fair prices)  wants to take a share of the casket business.

Typical Chinese copycat.

I’ll pay. At least if anything goes wrong I can KPKB. And action will be taken. Better than prop guru where it is open to agents only. 

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Volvobrick

Volvobrick

Supersonic
On 5/13/2024 at 11:44 AM, Throttle2 said:

i sold all my private properties basically on my own.   good properties will sell themselves.  dont need to pay 1% for agents to sell.  0.5% max.

Govt should regulate agents comms .    

How did you advertise? 

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Throttle2

Throttle2

Supersonic
On 5/13/2024 at 1:09 PM, Volvobrick said:

How did you advertise? 

online forums and word of mouth. 

 

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13177

13177

Hypersonic
On 5/13/2024 at 8:44 AM, Mkl22 said:

Agent does nothing but a coordinates. Everything done by lawyers. 
I know I’m exaggerating but using an agent for HDB, is like asking the pump attendant to pump petrol. 😆

True, esp for buying. Getting an agent waste time and money. Cause agent also arrange the house viewing thru property guru and platform that buyer themselves also can see the listing and arrange themselves. For HDB, the procedure of submitting all the documents from OTP to HDB appointment is not difficult and having an agent is redundant.

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kobayashiGT

kobayashiGT

Internal Moderator
On 5/13/2024 at 11:34 AM, metalstream said:

Eventually, HDB property platform will start to charge $$$.

It's just like how Singapore Post also wanna take  a share of pawnshop business an dhow Fairprice (not necessary fair prices)  wants to take a share of the casket business.

Typical Chinese copycat.

Fairprice got casket business? @RadX 😁

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13177

13177

Hypersonic
On 5/13/2024 at 2:09 PM, kobayashiGT said:

Fairprice got casket business? @RadX 😁

They have. Casket Fairprice. Office in Sin Ming.

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kobayashiGT

kobayashiGT

Internal Moderator
On 5/13/2024 at 2:19 PM, 13177 said:

They have. Casket Fairprice. Office in Sin Ming.

NTUC member got discount? hahahaha. 

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Volvobrick

Volvobrick

Supersonic
On 5/13/2024 at 1:52 PM, 13177 said:

True, esp for buying. Getting an agent waste time and money. Cause agent also arrange the house viewing thru property guru and platform that buyer themselves also can see the listing and arrange themselves. For HDB, the procedure of submitting all the documents from OTP to HDB appointment is not difficult and having an agent is redundant.

Private property transactions even simpler. OPT with cheque, S and P with cheque, Pay IRAS, Bank Loan Documents (of course MCF members can skip this step), prepare Cashier order and take keys.

 

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Volvobrick

Volvobrick

Supersonic
On 5/13/2024 at 2:22 PM, kobayashiGT said:

NTUC member got discount? hahahaha. 

Buy one get one free ai mai?

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macrosszero

macrosszero

Turbocharged
On 5/13/2024 at 1:09 PM, Volvobrick said:

How did you advertise? 

Nowadays can use Carousell

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Wt_know

Wt_know

Supersonic
On 5/13/2024 at 1:52 PM, 13177 said:

True, esp for buying. Getting an agent waste time and money. Cause agent also arrange the house viewing thru property guru and platform that buyer themselves also can see the listing and arrange themselves. For HDB, the procedure of submitting all the documents from OTP to HDB appointment is not difficult and having an agent is redundant.

smelly smelly $500K job hor

quite humble already

brochure that stuck in my hdb gate, the agent is no million dollar club no talk one … 

IMG_5484.jpeg

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ccc888

ccc888

4th Gear
On 5/13/2024 at 11:44 AM, Throttle2 said:

i sold all my private properties basically on my own.   good properties will sell themselves.  dont need to pay 1% for agents to sell.  0.5% max.

Govt should regulate agents comms .    

Where to advertise? Carouhell?

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ccc888

ccc888

4th Gear
On 5/13/2024 at 3:25 PM, macrosszero said:

Nowadays can use Carousell

Heard for room rental OK….else attract lowball buyers whahaha

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ccc888

ccc888

4th Gear
On 5/13/2024 at 2:48 PM, Volvobrick said:

Private property transactions even simpler. OPT with cheque, S and P with cheque, Pay IRAS, Bank Loan Documents (of course MCF members can skip this step), prepare Cashier order and take keys.

 

I think the difficult part is the showsmanship and price negotiation.

If u are already a talented conman or your unit is very easy to sell at reasonable pricing.

Im a terrible liar…..scared buyers ask me why i wana sell (truth is hell neighbours for eg.) whahahaha

Also need to entertain lowballers and keep yr cool not to shout 4letter word whahaha

I tried to sell my car last time via sg carmart for 3mths and gave up trade in to dealer whahaha

 

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Stary

Stary

Supercharged
(edited)
On 5/12/2024 at 11:19 PM, Volvobrick said:

No agent good lah can save 2%! Or is it 3%?

What's so complicated? Agents also only provide a standard OTP template, actual legal work handled by lawyers. Maybe HDBee can expand its biz and cover private properties as well for a fixed fee maciam sgcarmart, ie 90 dollars, for 6 month duration.

Lawyers can list their service too with the fees for each type of transaction.

 

For direct buyer-seller case, it should be quite straightforward assuming they know what need to be done.

But if it is a contra case for one of the parties, then it can be complicated.  The timing and paperwork for all 3 parties have to be aligned correctly.  Expectations and anxieties have to be managed for all 3 parties.

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ccc888

ccc888

4th Gear
On 5/13/2024 at 5:45 PM, Stary said:

For direct buyer-seller case, it should be quite straightforward assuming they know what need to be done.

But if it is a contra case for one of the parties, then it can be complicated.  The timing and paperwork for all 3 parties have to be aligned correctly.  Expectations and anxieties have to be managed for all 3 parties.

Simi contra….i dont even know whats that 😅

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