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if my tenant wants to renew the TA when it expires, do the tenant and myself need to pay the agent the sales commissions? I heard that there are Agents who do not collect sales commissions for the auto renewal of TA because there is no service rendered by the agent to tenant and landlord . But some agents who will insist that commisions are payable though tenant is auto renewed by the mutual agreement between tanant and landlord. What is the practise for auto renewal of TA?
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2 Answers

Dear sir/madam,

Service fees is applicable unless the salesperson and you have already agreed that there is no service fees applicable during renewal prior entering into the first tenancy.

I suppose due credit should be given to the tenant for securing a tenant and following up on the tenancy. Just imagine if tenants were not to renew, you not only need to pay service fees but also possibly incur vacancy period when tenants move out and waiting for new tenants to move in.

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GAN ENG JOO ONASSIS
Dear landlord or tenant,

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On the basis the existing tenant is renewing the lease, integrity and professional practices- agent are entitled to commission unless he or she agreed not to collect renewal commission.

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