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I am looking to buy a private apt. Getting conflicting advice from friends and agents alike. Some say I don't need an agent since I am the buyer. Some say to safeguard my interest I should get one even though it is not required by law. My questions:
1. Should I get an agent or not?
2. If yes, how much is the commission payable by me?
3. What interest would the agent safeguard for me?
4. What will the agent do for me to justify the commission?
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11 Answers

Hi,
For purchase of private property, generally no commission is payable to the buyer agent. The buyer agent will request to share the commission with the seller agent.
1. There are advantages of having an agent to assist at no cost.
2. no commission is payable
3. I can share with you via email.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
0
Afternoon,

In terms of justification, you do not need to pay your agent any commission for buying of private property. Your agent will assist you in the negotiation of pricing, arranging for viewing, getting the banker to assess your mortgage limit, liaise with lawyers on the paperwork and provide you with the financial computation required to ensure you know where you are heading for? How does that sound?

Do feel free to contact me should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0
Hi buyer,

An agent would be able to negotiate for a better price, and also to ensure that paperwork are done timely and correctly, and some other tasks etc; you wouldn't need to pay the agent, so not to worry on the commission part.

Feel free to contact me at your convenience, and we can carry on from there.

Thanks and regards.
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
0
Hi

In the private property sector, buyer is not likely to pay a commission.

Unless you are very well verse with the transactional process
or have the experience of buying properties in any other month, why not you leverage the experience of the agent.

You may call 9620 0827  or email gavin.ng@orangetee.com and we can share some experiences.

Regards

Gavin Read More
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Dear sir/Mdm,

Your friends are right to say that buyers for private properties do not need to pay any commission. This is because based on industry practices, the seller's agent will share a portion of his commission with the buyer's agent.

So with that being addressed, I personally do not agree that you do not need to engage the services of an agent. A property transaction includes a lot of steps and processes and not all of them are legal processes. Seriously how difficult it is for a buyer to find a property himself or herself? Not difficult. But after finding, what's nice? In fact the stress starts to come when you HAVE found the house that you like.

There are really many reasons why we strongly encourage the engagement of a professional agent. Please do pardon me that I cannot share on public media like this. If you are ok, then maybe I can suggest we can meet up for a coffee and we can have a chat on this. No worries there are absolutely no obligations. We can take this opportunity to for you to also clear any doubts on the home buying process.

Over time, I have served quite a number of clients regardless for sale or purchase or both. Many of them are now my friends and some of them have left testimonials for me for my services rendered. Many of them were my buyers too. If a buyer can engage an agent to do a purchase and subsequently leave a testimonial, then I guess that explains all that it is not wrong to engage one. You may take a look at some of my testimonials on my website, www.jeffreyheng.com.

Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Division Director (Sincerus Division)
ERA Realty Network Pte Ltd
SAEA Real Estate Excellence Silver Award - Best Client Service
(2014)
SAEA Real Estate Excellence Award Nominee - Best Client Service
(2012/2013)

Mobile : +65 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.jeffreyheng.com Read More
0
Dear buyer,

There are many school of thoughts in this aspect which we do not have a most ideal answer.

With abundance of information readily available online, getting to know price trends, latest mortgage rates and supply within the projects you are interested in is not difficult. I am sure you are well equipped with such information to transact a property on your own. In this instance, why would you want to engage a salesperson? Aside from leveraging on our time to do up the shortlists and call up the different listings to arrange for viewing appointments, you will also be leveraging on our experiences in conducting the sales and purchase of properties, such that in the event that any unexpected incident arises, we can bank on our experiences to resolve these incidents for you or bring it to bare minimal effect on you.

A private property buyer usually does not require to pay commission, like what my fellow salesperson has mentioned, as the marketing agent usually shares their commission with buyer's agent. Nevertheless, will it matter to you as a buyer to pay 1% of commission plus GST if your appointed salesperson helps you to negotiate for a deal which is maybe $50k less or even lower pricing, which is definitely in your interest?

Most importantly, in my opinion, you should have a good rapport with the salesperson to share with him or her more about your requirements such that he or she can perform to the best results to meet what you need. If there is no element of trust or rapport between you and the salesperson, then there is no point in appointing 1.

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Geryl LIM
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Hi, in the first place, you do not need to pay any commission to your servicing agent at all. So you have nothing to lose but everything to gain.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi Sir/Mdm,

1. NO agent fees is payable. Your appointed agent will be sharing the commission from the seller's agent who is paying the commission for a private sale and purchase.

2. It is correct that with an agent, your interest will be best protected. The agent will be able to provide you with a hassle free experience when purchasing a house.

3. Some examples of how I help to safeguard my clients interest and enhance their purchase experience:

a. Filter and arrange units that suits your requirement ie high floor or pool facing to see within the same time slot (saving you time and also the need to filter out all the duplicated listings)

b. Advise you on the price trends and indicative valuation and most importantly not overpay for a property. (a good salesperson is also a good negotiator who will be able to negotiate a good price for you)

c. Provide you with a neutral opinion on the property and highlight potential flaws of the property for example leakage on ceiling etc. (this is important as sometimes buyer may get emotional and get carried away and offered a high price just to secure the unit)

d. Guide you through the whole process, including financial planning and also the paperwork subsequently.

I have assisted many clients on their hunt for a dream home. Please feel free to contact me so that I can provide you with further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick from Property Avenue has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
0
GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

No reason why you will not hire an agent to represent you to neg the best property at the right prices since the seller pay the commission :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

I am contactable at 92222389  or onassis@sgrealtor.com / sgagent.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | SG Professional l SGRealtor.com & SGAgent.com
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YT Tan (陈永达)
Good evening buyer,

Usually for private purchase buyer wont have to pay commission to his representative. I will take my share from the seller's agent.

So it will be much beneficial to you as a buyer if you have a professional advising you along the way.

From shortlisting and arranging units for viewings according to your requirements. Then fight hard on negotiation for the best offer based on the past transaction/ bank indicatives on your behalf and guide you along the way throughout the whole purchase process.

Recently my buyer engaged me to represent him in his property purchase even though he had viewed the unit before. Reason being that he got nothing to lose and he got a professional to advise him on the right price and look out for items he might miss out as a buyer.

Hope my sharing is beneficial to your property purchase.

May I know how can I continue to value add in this purchase?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W):www.yttan.com Read More
0
Hi
Fr properties, there are no commission payable for getting an agent. Getting a professional agent will be able to help you in negotiating a good deal, give you advices on the projects and sealing the deal. Feel free to reach me via 91442664  should you require further assistance. Look forward to assisting you!
Tricia Tan 91442664  Read More
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