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I recently viewed a property. Interested, I presented a 1% option fee cheque. Seller's agent agreed to close the deal. Is it necessary to have a Buyer's agent? If commission is paid by Seller, does this mean that the 2 agents will share the commission? What is the industry norm? Thank you.
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2 Answers

Mike Lim
Replied
Afternoon Zoey,

Normal industrial practice is that seller's agent will share his commission with buyer's agent. However, there are also cases where such practice do not take place. Whatever the case may be, the seller's agent is not liable for your interest. It would be almost zero cost to you by getting a qualified salesperson to represent you.

Regards
Mike Lim
 96929209 
ERA Read More
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Tricia Tan
Replied
Hello Zoey, take note.
The seller agent only protect the interst of his/her seller.
If you are very familiar with all the procedure of buying pte property and feel that the price is right.
Go ahead.
otherwise, it will be good to have an agent to help you.
Best Regards,
Tricia Tan
ERA Senior Marketing Manager
 92700867  Read More
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