The Real Estate Scene in Singapore

 In the course of my property job trip, I have experienced the ugly and the lovely sides of the business in Singapore. Unfortuitously, the ugly side requires all of the jobs:

1) The unbelievable poor perspective of some realtors;

2) The incorrect knowledge imparted by some group leaders from numerous agencies to their down-lines;

3) Customers are culprits too. Yes.

4) Some solicitors with hardly any understanding of conveyance techniques, attempt to demonstrate their worth, drive all of the blames to the realtors, in order to break free with, because, the phrase 'solicitors' carries more fat compared to the term 'realtors' I expected;

With all that, no surprise the stigma of 'rubbish industry' sticks to a, in Singapore.hyll on holland

Brokers with little if any knowledge of the prospects' needs, frequently spend their time, their prospects' time and the co-broke agents' time, in the title of self-center.

Staff managers imparting incorrect knowledge to their down-lines, could be the start of dishonest agents.

Agencies and group managers who frequently grade themselves since the '1st' in the industry, trigger the synthesis of goose bumps around my body.This keeps appearing on the classified advertisements every single day with:

'The Number 1 Actual Property Agency'; or 'The Number One Staff in ABC Agency' ;.

In Singapore, many home customers choose to cope with the main property business and the main agent. I think, this is over-rated. Clients are misled, confused and confused by many number 1s out there.

Pages on the Singapore Classified Ads of The Straits Times will be a ton cleaner if the applicable team from the Singapore Code of Promotion Practice keeps a watchful eye on this.

Customers(Sellers/buyers) who do not regard the full time of realtors and homeowners, frequently occur late, without prior notice.No words of apologies when they have ultimately attained the scene, one hour later.

Customers' responsibility to pay GST to listed agencies, won't recognize the duty, overtly ask the realtors to absorb that expense, which is truly the formers' ;.

The move by the Singapore government to control a, through the just formed Council for Property Agencies (CEA) will surely support to remove the obvious. Strict principles are collection to fine and or jail dishonest agents who take to to perform pressure selling; twin representation - obtaining commissions from both sellers and buyers.

The Customers Association of Singapore (CASE) role is to safeguard the consumers, which, I completely agree. But, there's a need certainly to protect the agents too. The dishonest and unprofessional practices by solicitors and consumers should be looked into as well.It isn't fair to hit principles that punish all agents when you can find agents who are lawful, moral and sincere, suffer from the strict principles being imposed by the Ministry of National Development (MND).

I suppose, it is the beginning and the approaches will undoubtedly be fine tuned as a grows, but, don't get too much time please. The was handed the chance to self-regulate, it is a actual waste that, the chance was taken too loosely, resulting the missing of 10 great years.

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