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To begin with, any thorough investment necessitates a little luck, but mostly a good eye and a logical mind. An even more positive speculation requires all of these, as well as a knack for choosing a committed, trustworthy and well-informed property agent in Singapore. Prime district property in Singapore has no lack of typical property agents who are willing to introduce a list of properties from which to purchase and to help seal off a deal competently. But agents sometimes pack along a list of profession ills --- a tendency to hard-sell by bombarding clients with uninvited offers, a lack of commitment to the long-term interest in the property and an obsession on sealing a transaction as quickly as possible with little respect for clients' welfares.<br>On the other hand, a perfect working association is with someone who goes beyond the expectations of a property agent. He is an efficient and trusted property agent in Singapore but is also one who pays attention to market trends and price movements, who analyses and follows up on new inquiries, and who casts a wide net for both buyers and sellers of various new launch properties like someone who has had first-hand knowledge with buying and selling and behaves as an investor himself.<br>
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4 qualities possessed by a top-rated Property agent in Singapore To begin with, any thorough investment necessitates a little luck, but mostly a good eye and a logical mind. An even more positive speculation requires all of these, as well as a knack for choosing a committed, trustworthy and well-informed property agent in Singapore. Prime district property in Singapore has no lack of typical property agents who are willing to introduce a list of properties from which to purchase and to help seal off a deal competently. But agents sometimes pack along a list of profession ills --- a tendency to hard-sell by bombarding clients with uninvited offers, a lack of commitment to the long-term interest in the property and an obsession on sealing a transaction as quickly as possible with little respect for clients' welfares. On the other hand, a perfect working association is with someone who goes beyond the expectations of a property agent. He is an efficient and trusted property agent in Singapore but is also one who pays attention to market trends and price movements, who analyses and follows up on new inquiries, and who casts a wide net for both buyers and sellers of various new launch properties like someone who has had first-hand knowledge with buying and selling and behaves as an investor himself. It is recommended that a respectable real estate agent will possess the following trade qualities: 1. CEHA qualifications The CEHA or Common Examination for Housing Agents is an accreditation scheme for real estate agents and agencies that has been in place since 2005. The CEHA is introduced by ways of this Singapore Accreditation Estate Agency Scheme (SAEA). The Institute of Estate Agents (IEA) and the Singapore Institute of Surveyors and Valuers (SISV) jointly run this scheme and are supported by the Ministry of Finance, HDB and the Inland Revenue Authority of Singapore. The SAEA sets guidelines, minimum educational and practice standards for agents, by the requirement that they pass a professional examination. A strict code of manner is also observed. The mission of the scheme is to raise expert standards in providing a better service to homebuyers and sellers. 2. Willingness to have a distinct account for meeting clients' money A real estate agent in Singapore should always be willing to keep clients' monies i.e. option or deposit monies, in a distinct bank account from their own. On top of the technicality that
clients' monies are held on trust by the property agent, an understanding agent should always be ready to take more measures to avoid the cases of the wrongful refusal to refund clients' deposits which is rental deposits. 3. Recommended commission fee To prevent fee denting, professional estate agencies/agents usually observe a prescribed scale of fees. In the context of Singapore, a fee of 2% of the sale price is recommended by the SISV, and this is further subject to a minimum of S$500. Furthermore, the commission/fee for project marketing is negotiable. The Institute of Estate Agents makes recommendations for various types of new launch properties or projects. And an agent should be forthcoming with information on all types of recommended fees. For example, for private properties, the seller pays a minimum of 2% of the contracted selling price. The buyer pays 1% as finder's fee, if a real estate agency is represented by an agent. An agency shall not be accepting any payment or fee from both selling and buying parties in the same transaction, without prior knowledge and consent of the parties. For project marketing of the sale and purchase of more than four units, commission/fee shall be negotiable. The commission becomes due immediately upon completion of sales and purchase or as otherwise agreed between the parties. Hire a licensedSingapore basedproperty agent and investor from Singapore. A property agent in Singapore who is always on the lookout for properties which are worth buying and is greatly passionate about any insightful discussion on property investment. The recent foray into Singapore real propertyagents who have achieved a good Rental yield.
