I understand your concerns on this issue, and I will be glad to understand your requirements further before value-adding further. Personally, if I was the seller, credentials and track record are not the most important, I will work with agents im comfortable with and will go for the few who will demonstrate with action that they truly have my interests in mind. Hope to have the opportunity to work long-term with you. Thanks.
I am reachable at my mobile or email.
I specialized in Private properties in the east, grown up in the east and currently staying in a private property in the east. Let me know if I'm able to serve you. Hope to hear from you soon. My mobile number is 81885156 and my email is firstname.lastname@example.org. Thank you.
I sell private apartment in these area. Please feel free to contact me and i can do a presentation for you and let you understand more. Cheers!
ERA Realty Network PTE LTD
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First of all, yes, I am specialized in private property in the East thus I would be very well versed in the current market conditions, and I am holding a price record for one of the premier condominiums there.
There have been many views to this thread, and at the same time many varied responses by my peer Real Estate Professionals.
Given that you have marketed your property for 3 months, clearly your objectives have not been met.
Perhaps, the solution to your problem is already in the above.
There was a famous saying from a business consultant when he get's called in to look at failing businesses.
"To understand where a business is going, just look at the:
1. Mission objectives
2. The staff remuneration plan
In your case, #1 is to sell your house.
Let me shed some perspective on #2.
The remuneration plan is ALWAYS viewed in conjuncture with your competitors. Which in this case simply put, means other private property private owners, OR, private developers.
In today's market, the primary volume in the sales market lies in Project sales. Simply because at a glance, 1% is a low average. Further, to absorb GST puts your remuneration offer at lower than the market average. Hence, if your remuneration plan falls short of the market expectation, then real estate brokers with the buyers on hand will simply pass by your property. Further complicating matters is to use an "Open Listing" function. TOP performers will never come to you if you insist as such.
However, there is an additional assumption here that ALL real estate agents are the same. They are not.
There are RES that can value add and ultimately get a premium price on the seller's property. The 80-20 rule dictates that this top 20% of RES will be able to move your property and fetch a premium despite today's market conditions. Bear in mind that these top performers are busy people and can only accept so many assignments at a time, based on your marketing structure of an Open Listing and your remuneration package, why would these people accept your case?
In summary, "Wave peanuts, attract monkeys, house still not sold."
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Huttons Asia Pte Ltd
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Senior Sales Director
DTZ Property Network Pte Ltd
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DTZ is one of the world's LEADING GLOBAL REAL ESTATE ADVISORS with 47,000 employees and associates, operating across 208 offices in 52 countries.