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Dear All Agents,

It has become more apparent HDB Re-Sellers are asking high COV but worse, ask Agents to collect our Service Fees from Buyers? Do you all collect Agent commission from Buyers? I sympatise with buyers with high COV and yet ask to pay commission! Please share your experience. Thanks
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3 Answers

Evening,

You would have to check this out with CEA and HDB. Firstly, HDB allows seller to market their properties on their own but not many people know the way about it. Seller would want maximum profit would engage such salesperson to assist them. Secondly, under CEA ruling, salesperson requires advertising consent from seller, to indicate that the salesperson is advertising on their behalf. With this, the salesperson would somewhat represent the seller. However, under CEA ruling, salesperson are not allow to commit dual representation. Without collection of monies from the seller, it somewhat makes the salesperson stand in grey area. Lastly, there are still other units available in the market, if you are not comfortable of such arrangement, you can always move onto another unit.

Regards
Mike Lim
 96929209 
ERA Read More
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

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https://www.era.com.sg/R064892F

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landonchew@email.com Read More
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