Posted on May 13, 2008 by lushhomeonline
I WRITE to join Mr Patrick Sio’s discussion on the contentious issue of the 1 per cent property sales commission. Let me state that I am all for real estate agents who deserve their due. If a buyer has commissioned an agent to represent them as they have no time to look for a HDB [...]
Filed under: Agents, General | Tagged: Agent Fees, Buyer Agent, HDB, HDB News, Legal Issues, Seller Agent | No Comments »
Posted on May 13, 2008 by lushhomeonline
ONE week after The Straits Times reported that housing agency PropNex was suing two independent home buyers for not paying its agent a fee, the firm withdrew its case.
The agent, Mr Ricky Low Yong Sern, had been hired by the seller of a $400,000 terrace house in Whampoa which marketing specialist Loh Yi Min and [...]
Filed under: Agents, General | Tagged: Agent Fees, Buyer Agent, HDB, HDB News, Legal Issues, Seller Agent | No Comments »
Posted on May 10, 2008 by lushhomeonline
IT IS heartening to learn that the court dispute between PropNex and Mr and Mrs Loh Yi Min has been settled amicably.
We can learn something from this incident. When a property agent undertakes work for either the seller or the buyer or both, he does it for a remuneration. It is therefore only correct that the [...]
Filed under: Agents, General | Tagged: Agents Fee, Property Agents | No Comments »
Posted on May 8, 2008 by lushhomeonline
PROPERTY company PropNex is dropping its lawsuit against a couple who refused to pay the seller’s agent the 1 per cent commission after buying a home.
Both sides reached an agreement after a mediation session on Tuesday, which PropNex said yielded a ‘win-win’ conclusion. They declined to disclose the terms of the settlement.
If the case had [...]
Filed under: Agents, General, Legal Issues & News | Tagged: Agent Service Fee, Commission Dispute, Legal Issue, Property Agency, PropNex | No Comments »
Posted on May 6, 2008 by lushhomeonline
JONES Lang LaSalle (JLL) is poised to re-enter the Singapore residential project sales business after a hiatus of about seven years.
It has clinched appointments to market Floridian, a 336-unit freehold condo development in Bukit Timah by Far East Organization and Wing Tai Holdings, as well as Lippo’s Centennia Suites at Kim Seng Road.
It is also [...]
Filed under: Agents, General | Tagged: Amaryllis Ville, Centennia Suites, Floridian, Jacqueline Wong, JLL, Jones Lang LaSalle, Julian Sedgwick, Project Marketing | No Comments »
Posted on May 6, 2008 by lushhomeonline
BUSINESSES in Singapore are learning to tap infocomm to transform their processes and gear themselves up to take advantage of new market opportunities. An example is real estate company HSR, which pioneered a new way for its agents to help buyers find their dream home using a system called SMARTplus.
A SMARTplus programme called iMatch enables [...]
Filed under: Agents, General | Tagged: HSR Property Group, Infocomm, Property Agency, Real Estate Technology, SMARTplus | No Comments »
Posted on May 2, 2008 by lushhomeonline
I REFER to the Saturday Special report, ‘Rodeo realtors’ (April 19).
While the number of complaints is of much concern, it should be noted that they are committed by errant agents from a few companies.
As realtors deal with high value-added services, it is unfortunate that many of these complaints have invoked strong reactions.
For all intents and [...]
Filed under: Agents, General | Tagged: Property Agents | No Comments »
Posted on May 2, 2008 by lushhomeonline
I ENJOYED the Saturday Special package of features on the real estate sales industry (April 19).
But I was disappointed and dismayed by the statement by Dr Yu Shi Ming, head of the real estate department of the National University of Singapore (NUS), when he was quoted as saying: ‘Every time people think of real estate [...]
Filed under: Agents, General | Tagged: Property Agents | No Comments »
Posted on April 29, 2008 by lushhomeonline
A COUPLE who bought a home and refused to pay the seller’s agent the 1 per cent commission are being taken to court by a property company.
PropNex associate director Ricky Low Yong Sern is seeking about $4,000 in commission or a service fee in a case that is likely to turn the spotlight on the [...]
Filed under: Agents, General | Tagged: Commission, Legal Issue, Property Agent, PropNex | No Comments »
Posted on April 27, 2008 by lushhomeonline
The consumer watchdog wants to reduce the growing number of complaints against property agents and real estate agencies. So it is developing a CaseTrust Accreditation Scheme for the industry.
This could be introduced by the middle of 2008. Estate agencies who wish to apply and attain the CaseTrust status will be subjected to a more stringent [...]
Filed under: Agents, General | Tagged: CaseTrust, CaseTrust Accreditation Scheme, Institute of Estate Agents, Property Agents, Singapore Accredited Estate Agencies | No Comments »
