Dear sir/mdm,
There is no norm, but he is not wrong is looking to be paid if he is expected to be looking to the management of the rental over the 2 years period, while I do understand some agents may offer complimentary follow up services.
In fact for my rental transactions, I have been providing complimentary follow up services to my clients all these while, but for some clients, they have definitely under appreciated me for such services and expected that these are part and parcel of the services. Such after "sales" services are actually not free if you were to be renting your properties in other countries.
You may perhaps compare with flying to another country, where you have options to go for economy class, business class or even first class. All of these classes bring you to the destination you are looking to go, but at vastly different prices even if they are on the same aeroplane, with same departure and arrival time, but level of services are also vastly different.
If you feel that real estate services are the same for every agent, then you may opt to go for the cheapest option. The real premium service may only surface when things begin to happen during the tenancy. Would you have the time to manage the inconveniences or do you prefer the agent to take care of all the issues and you will only need to reimburse the agent costs on fixing up the issues at the end of the day?
As what my good friend Robbie has responded, there is no norm or standard commission practise in Singapore. You may negotiate for the deal or find alternative agents if you don't feel comfortable with the one you have spoken to. Hope you find your tenant soon!
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.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Group Director
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
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