3 Answers

Mike Tay
Dear Curious

For exact duties, you can refer to the CEA forms, on the last page - Duties of Estate Agents.

http://www.cea.gov.sg/cea/content/resources_faq/estateAgencyAgreement.html

The commission paid is for finding and handling the rental & documentation during the leasing process.

It does not cover Property Management.

Some agents charge property management fee, particular for overseas client. For local client, some agents will do errant out of goodwill.

Hope this clarify.

Do call me at (65)-9745-5178 or email miketaysoen@gmail.com if I can assist you in your buying / selling / renting or leasing.

Thks & regards,

Mike Tay (郑树荣)

B.Sc. (NUS), EMBA (SUNY)
CEA Reg:R042367C

M: +65 97455178
E: miketaysoen@gmail.com

W: http://www.miketay.myweb.sg
W: http://miketay.irealtor.sg/

HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G Read More

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Catherine PANG
Many agents provide 'additional services'out of 'good will'. The main duty is to find suitable clients for one party.
www.catherinepang.com Read More

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Catherine PANG
Mike, txs, on the CEA forms.. last page..
Duties of Estate Agents.
www.catherinepang.com Read More

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  • JW
    Thank you all for the clarifications. Most enlightening. I guess lesson learnt is, there is no requirement to have mandatory clause on commission payable to agent for renewal of contract after the initial one has lapsed.