What are indications that the agents are siding with tenants, low balling or slow to viewings? I can understand landlord's frustrations in current market as it is unlike last year where the entire rental market is doing extremely well, units are flying off the shelves even without viewing.
The market for rental currently is subdue, probably due to the influx of new projects that obtained TOP this year. Furthermore the expectations of tenants has also been controlled that most tenants are willing to renew their existing lease instead of looking out for alternative places when landlords are looking to increase rental (of course reasonable raise).
In my opinion, it will be in your interest to find out what your agent has done so far in reaching out to prospective tenants on top of passive marketing (listing on PropertyGuru only for example), how are response from the effort and feedback from ground on top of the market supply and demand. Listen to it, break down the details and analyse it yourself to determine if you agree with what your agent has shared with you before you decide if the agent is working in your interests.
I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
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