Asked by Don
I am looking to rent a place. As a potential tenant, am I liable for any commission to be paid to the property agent? Even if the rental is below $3k?
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1 Answer
Hi Don,
As a consumer, if you donot engage the services of any salesperson to represent you for any real estate transaction, you are not complied to pay any fees, hiwever, do take note that as a tenant, you'll be required to pay for the tenancy agreement stamping fees on top of the security deposit and advance rental.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
As a consumer, if you donot engage the services of any salesperson to represent you for any real estate transaction, you are not complied to pay any fees, hiwever, do take note that as a tenant, you'll be required to pay for the tenancy agreement stamping fees on top of the security deposit and advance rental.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More