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HI Guru,
If I buy a pte property must I still have to pay commission to the agent. Thks

Posted by Paul Neo on Jan 16, 2009 in Home Buying | 1163 Views

Latest Answers by Real Estate Professionals (4 Answers)

David Cheong
APHO.36516121.V60B
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Answer Posted on Jan 17, 2009
By right, no need. However for some private properties (esp those below 500K), the agent representing the seller may not want to cobroke with the buyer agent because of low commission returns after splitting 50/50 with the buyer agent. As such, the buyer will miss out the chance to see this property. However if the buyer would to give his agent commission, he would get to see this house.
Now, if the buyer would to like this house and save lots of money in buying it as compared to buying other houses, wouldn't it be better to pay your agent?
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Reply from Paul Neo - Jan 18, 2009
Really appreciate your prompt response.Thks
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J.A. Goh 吴永益
APHO.112463.V60B
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Answer Posted on Jan 19, 2009
Hi Paul,

No, buyer need not pay commission to his agent for purchase of private property. Buyer's agent will take a cut from seller's agent, which we call as "co-broke".

Feel free to drop me an email or call me directly for discussion. I hope I can assist you in your private home hunting.


Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350
Email: gohja@singnet.com.sg
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Tanapalan K
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Answer Posted on Jan 17, 2009
There are no right or wrong or laws to stipulate commission payable. If the buyer feels satisfied and happy he may like to consider rewarding the agent.
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Reply from Paul Neo - Jan 18, 2009
Thks for your prompt response.
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JAIME LIM 林嫦娥
APHO.32950694.V60B
CLOGO.48936109.V60
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Answer Posted on Jan 17, 2009
Hi, buying private property in Singapore. In most cases by law, buyers need not have to pay commission to agents.

It is the seller who is required to pay the agent commission. It is your lawyer who do all the necessary documents and not the agent.

If you personally want to award the seller's agent any gifts, that a different matter.
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Reply from Paul Neo - Jan 18, 2009
Thks for your prompt response.Have a Happy Lunar New Year !
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