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I am a buyer but felt I was used as a stepping stone and taken advantage of. I did a first viewing of a unit that I am interested in and made an offer. At the same time the seller received another offer of 10k higher than my offer with conditions. So, the seller agent was asking us if we would be able to match the price which we did and offered a letter of acceptance (LOA). The seller drag on a few days without sigining the LOA and got the seller informed us that the partner does not agree to the pricing and wish to close at 30k more. After serious consideration and 2 weeks later, we requested for a second viewing and increase the price to the amount that seller asked. The next day, seller agent revert back to us that the seller now wish to wait for more transactions before deciding to accept our offer. Honestly, I felt that I was being played by them. I find poor management of the seller by the seller agent or I have seriously met a not serious seller. Their listing price has been changed to my offer price with the word 'nego' at the side now and I believe they are trying to aget more buyers. I have move on to other units but still wanted to know if there is any action that I could take as I find it very unfair and unethical.
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1 Answer

Fully understand your situations. If you position yourself as a seller, how will you feel if offers are coming in fast from listing the property for sale? Will you be thinking if you are under pricing your unit or will you feel that agent is doing an exceptional job?

The expectations on both ends have to be managed somehow so I think it could be an unlucky encounter on your own. Importantly, the agent agent did not misrepresent in this situation and is being upfront.

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.

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Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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