AskGuru Q&A Community

Hi,

How much do you think online property portals charge agents these days? If PropertyGuru were to open up to direct owners to advertise, how much do you think they will charge these owners? Are you, as the owner, willing to pay for these charges just to list your property and wait for fish to bite?

There is so much more that an proficient agent can offer you in terms of the sale of your property. You may not have encountered an agent who can truly add value to you, not just in your sale of your property, but also provide sound advice to you in your restructuring of your portfolio.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

What difference does it make by allowing owners to post ads and wait for the fish to bite?

It will still be fishing in the same pond for the same fish, just like buyers in the market, if serious buyers will definitely scour through the portal for the most suitable listings before making an appointment to view. As long as a genuine listing is posted, with right amount of refresh done to the advertisement to improve its relevance to the search, there is little or no chance that buyers will detect this listing. And for each refresh and post done to the listing, a salesperson is paying money to do that.

Besides that, I'd like to say that I do not market properties for sale or rent purely on online portals but make every single cent that my owners pay me worthwhile through different marketing channels.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi,

I think you are not getting the full picture of how real estate marketing works.

Posting ads on portal is just part of marketing plan. In fact, lots of agent paid subscriptions for multiple portals to get maximum expose to the mass.

There are also circles of agent contacts where we push our ads to circles of contacts to increase awareness.
Advertising is just part of job. On top of that, real estate agent is providing advices and step-by-step process of the transaction, especially for sale, this is not talking about ten or hundreds of dollars transaction which you could simply ignore if the deal not going through due to some teething mistake.

For rental, they will have to travel down to landlord to verify their ownership, and to invite and arrange for viewing. To tenant, they also need to check their eligibility to rent before signing the agreement.

Any mistake made throughout the process, we are facing the legal punishment, monetary or even jail term. It is not as easy as what was perceive. This is something different from other work where you can just say sorry and hope your boss does not fire you.

Thus the remuneration called for is a fair value.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK Read More