Hi Mr/Ms Chua,
I believe that as an owner putting up advertisements on your own, the responses from your advertisements should generate significantly more enquiries from agents than from tenants, and with a market shortage of supply on units available for rent, this is 1 reason why you are experiencing such uptrend on agents requesting for commission. In our trade, we term such listings as For Rent By Owners, and we will usually connect with such owners and check if they are willing to pay commission, and in most cases, owners will want to know if we have tenants on hand or not. If landlords are not willing to pay commission, then it will be more direct to state up front to the agents who call. Otherwise, if you are open to consider paying the agent if you are able to achieve a certain price, this can also be communicated to the agent. For such cases where commission is collected only from 1 client in the transaction, it is not considered dual representation.
Most landlords in Singapore are in such a fortunate position to be able to have spare properties that can be rented out and be earning decent rental income given the escalating real estate prices in Singapore be it from sale or rental, while tenants on the other hand are away from home and having to pay the high rental in Singapore, it is only natural that most of them are unable to pay commission so agents who are looking to do business can only check if landlords are willing to pay commission, as what Aaron has indicated, all they are looking for is to put food on the table. Not all agents are Millionaire producers, but majority of agents need to put in extra miles just to earn that amount to put food on the table for their families.
Thus your kind support will go a long way to these agents.
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
Estate Agent Licence No. L3009250K
[main]
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