Asked by Jan
What is the market rate for a agent commission to sell a private property?
1340 views
2 Answers
Evening Jan,
Like all my previous responies, as per Fair Trade Act, the commission payable is to be discussed and agreed upon by both the sellers and the salesperson, for the service and work rendered by the salesperson. It's against the act to have a fixed rate for the commission payable.
FYI
Mike Lim
96929209
ERA Read More
Like all my previous responies, as per Fair Trade Act, the commission payable is to be discussed and agreed upon by both the sellers and the salesperson, for the service and work rendered by the salesperson. It's against the act to have a fixed rate for the commission payable.
FYI
Mike Lim
96929209
ERA Read More
Hi Jan,
I will always quote 2% + GST to my owners who engage my services to market the unit for them. I believe that I should not shortchange myself in accepting less since it is in my interest to perform to the best for my clients. In not protecting my own interest, what are the chances that I will protect others' interest to secure the best price?
By quoting you a scale of 1% to 2 % depending on performance basis, I do not feel the motivation behind in securing the expected prices.
My livelihood depends on my services to my clients, therefore any compromising on my income will also compromise on my livelihood.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
I will always quote 2% + GST to my owners who engage my services to market the unit for them. I believe that I should not shortchange myself in accepting less since it is in my interest to perform to the best for my clients. In not protecting my own interest, what are the chances that I will protect others' interest to secure the best price?
By quoting you a scale of 1% to 2 % depending on performance basis, I do not feel the motivation behind in securing the expected prices.
My livelihood depends on my services to my clients, therefore any compromising on my income will also compromise on my livelihood.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
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