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Hi, such issue would have already been discussed and sorted out before the buyer exercise the option.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

This is part of the negotiations process and your interests would have been looked after and should have been advised accordingly by your agent before any OTP is signed. If you are uncertain of the resale process, will recommend to engage an agent who is professional and you can be comfortable with. The entire hassle and potential legal costs can be overwhelming, in most of my clients opinion the relatively low savings are not worth it. Thanks and hope to assist further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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Hi,

I assume one side didn't have an agent, that's why such a situation occured. All should have been agreed upon even before the OTP was granted.

Hi,

I saw that you've been marketing your own house for rent for quite some time.

I reckoned that it would pretty hard to expose the property widely to a large crowd of home buyers. If you'd like, I can gladly help you to market this on all major property search platforms such as Property Guru, SRX, ST Property and also ERA's internal system, and you can get this off your checklist asap.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Evening,

Both buyers and sellers are supposed to understand each other's requirement before even starting to view the unit. Based on this, I would assume at least the buyer are doing a DIY purchase. Since the OTP have being inked, you will need to refer to the number of days for submission after exercising the OTP. Should either party default on the submission, legal actions can be requested.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear seller,

Both of you may wish to re-discuss the terms and conditions in such a scenario and see what best fits both of you (assume that either 1 or both parties would require to compromise to some extent for this transaction to proceed), otherwise it maybe beneficial for both of you to renounce the transaction and Option Money returned to the buyer.

I am unsure of what part are you playing in this transaction but if you are 1 of the salesperson representing either party, there is quite a fair bit of works to be done in this instance to convince both parties to compromise.

This is where the experience of a salesperson will come in handy to benefit both direct sellers or buyers in a real estate transaction. We know that there is vast amount of information readily available for the consumers to rely on (transacted prices, HDB resale procedures, mortgage arrangements and packages and etc.), however it is likely that a direct buyer and seller does not have the amount of experience in dealing with such unexpected matters arising from a transaction, which will definitely benefit both parties when an experienced salesperson is in place.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
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