Asked by
Hi, please kindly help to advise with the following scenario : A buyer is willing to pay both the buyer and seller commissions. Any conflict of interest? Any thing to take note before we proceed?
0
1098 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Evening,

Under CEA ruling, seller's agent can only collect commission from seller and the same goes for buyer's agent. If either parties choose to collect commission from the other party, it would result in possible conflict of interest.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Dear Mr Lau,

I saw your post in ST Property Portal too. My colleague has also explained to you that it actually makes little sense in your question as the amount of commissions payable to a seller agent by the seller is usually build into the final selling price, therefore if you look at it, the buyer is paying the final selling price, therefore the seller's agent is indirectly being paid the commission by the buyer in all sales cases isn't it?

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

M.O.R.E Landed Dynamic Alliance
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!

Thanks to all those who have attended our vastly successful even on 2nd and 3rd August 2014, M.O.R.E Landed Dynamic Alliance Landed Homes Sales Exhibition! Register your interest with me today if you are looking to attend our next edition of the Landed Homes Sales Exhibition. Read More
0
OHMYHOME PTE LTD
Hi there, is this for a Condo Sale/Purchase?

If yes, according the market practice, the commission of the Seller and Buyer Agent is to be taken from the Seller side, not the buyer side Read More
0
Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
1

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions