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Hi agents, I am a buyer for an EC however my agent said that I need to pay 1 percent comm upon success purchase, but my friend told me if I am buying EC or privates buyer no need to pay comm. which is the right one? Confused.pls help.
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4 Answers

Hi, base on market practice, buyer need not pay any commission as long as it is a private property. And I have never charge my buyer a single cent for such matters. Pls feel free to contact me for any assistance. Regards Aaron 9730 8455  aaronchong2774@yahoo.com.sg Read More
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Afternoon, For purchase of new launch EC, buyers are not required to pay agent comm. As for resale EC, it would depends on whether the seller's agent will be sharing the comm with your agent or not. Under normal situation, buyers are not required to pay their agent comm but there might be some exceptions. If you are not comfortable with paying your agent the comm, you are always free to seek the services of other agents. FYI Mike Lim 96929209  m52i@yahoo.com ERA Read More
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YT Tan (陈永达)
Happy 2014 to you! Normally for private transaction inclusive of resale EC purchase, buyers don't have to pay commission to their representative as they will be getting their share from the seller's agent. Hope it helps! Are you purchasing a new or resale EC? Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More
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Hi buyer, Technically there is no standard answer to your question. All I wish to say is, if you do not have the intention to pay commission up front, then do not engage the services of a salesperson. It could be a case where the salesperson whom the seller engages do not wish to share commission or the commission is too little to share to make ends meet. My fellow professionals who have indicated that they do not charge their buyers a single cent could be very lucky so far in their transactions that their cobroke counterparts are able to share enough meat with them. I have came across sellers who are only paying 0.5% commission for selling a $800k property which only pays out $4000. The end result after sharing will be even worse than doing a rental transaction. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. Thanks once again for turning up for our gala openhouse on 16 Nov. We had more than 30 guests who made their way down to our openhouse in collaboration with our developer. Do watch out for more activities and bargains in this space. Read More
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