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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Good day to you!
I’m Daniel Tan from Huttons.
For most cases, agent will collect service fee for renewal of rental. The duty of an agent does not only include finding and referring of tenant to the landlord, or the assist tenant in finding a unit.
Other duties include, assisting in solving any situation that may arise during the rental term. Also to convey any message or requests to the both parties. Some of the landlord do not wish to contact the tenant directly will have the agent to represent them.
For renewal, the landlord agent will draft another TA for the new period of lease. This will protect the benefits of both landlord and the tenant.
As in all cases, agent service fees is negotiable.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Have a great day ahead.
Huttons Asia Pte Ltd
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