5 Answers

To whom it may concern,

Hello there! My name is Irfaan. By right, if you were to enter an agreement introduced by the agent, you are liable to pay the market rate of 1 month for a 2 years lease. The market rate varies with the term of the lease. Hope this information helps.

Warmest Regards
Irfaan Thian
 8139 5076 
In Fun we trust
ERA Preeminent Group
https://www.facebook.com/IrfaanThianRealty Read More
1
may I ask how long have you had this shop house ?

is this the first time you are renting it out ?

if you had rented it out before, how did you do it that was free ? Read More
1
Lee GeokChew Huttons Agt
Hi there

Everyone is working for a living. Someone needs to pay the agent for their help and service, either the tenant or landlord. If tenant is not paying, agent will not bring them around. If landlord is not paying, agent will also not bring thie client to visit their place. Read More
1
Good Morning Owner,

Yes, you do have to pay the agent commission fee dependent on the term of lease that the tenant is committed to.

Regards,
Lewis Tan
ERA 9001 0979  Read More
1
Dear landlord,

I think in general, you need to understand the position of individual party concerned:

1) Was the salesperson engaged by you to market your shophouse for rent in the first place before the tenant is secured?

2) Was the salesperson engaged by the tenant to source for a unit and coincidentally came to know that you are marketing your unit for rent and entered into an agreement to lease your place?

In the first scenario, it is an absolute yes that you will need to pay the salesperson a service fees, and in general, a salesperson charges 1 month worth of rental fees as their service fees plus 7% GST if the agency is GST registered.

In the second scenario, you will not be obliged to pay the salesperson since you have not appointed him or her to market the place for rental. Nevertheless, in the event that tenant is not paying, I will suppose that the salesperson may also not facilitate the transaction since he will gain nothing out of this transaction, therefore indirectly resulting a longer vacancy period for your unit available.

As long as this salesperson is not collecting from both landlord and tenant, there is no case of dual representation which is a violation of the regulations.

I am sure you are able to balance out the situation to determine if you should pay to service fees to this salesperson or not.

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Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
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