AskGuru Q&A Community

Hi, you are right to say to contact the agent with the lowest offer naturally, doesn't matter what or which title the agent holds. Because at the end of the day, it is the seller who makes the decision whether to accept your offer or not.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Afternoon,

As for this, you might want to check with the seller why did he engage 4 different agents to market his unit. Under CEA ruling, agents are not allowed to advertise for the unit without consent from seller.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi there,

It is very common for a unit to be marketed by many agents. There are many owners who think that engaging more agents will be better than to engage one exclusive agent. However, engaging one exclusive agent to market the unit is usually the best.

Hence, you see the same unit being marketed by 4 agents as the owner feels that it may have better results though not necessarily true. In terms of who to contact first, sometimes the agent who advertises the lowest asking may just be trying to get buyers to view when the actual asking price of the seller is higher.

Calling the agent who markets the unit at the lowest price may work against you as the actual price of unit may be much higher. If you are keen in engaging an agent to assist you with the buying procedure, I'll be able to assist you with the negotiations to get the best price.

However if you would like to DIY, do keep in mind that the cheapest price advertised may not be the true asking price of the seller.

Do contact me should you have further enquiries. Thanks!

Bhavina
Senior Marketing Manager
ERA Realty

M: +65 91708295 
E: bhavina7777@gmail.com
W: investbuysellrent.com Read More

Hi,
Agents are not allowed to advertised unless he obtains permission from Sellers.

When you see a unit being marketed by more than ONE agent, it is simply because the seller chooses to NOT give exclusive to 1 single agent.

Some sellers feel that by having more agent market their unit, will gain more exposures and hence sell faster.

But in fact, it gives buyers the wrong impression that there are MANY to choose from and/or that the seller is desperate.

It does not matter which agent you contact, higher or lower price.

At the end of the day, the seller decides what price point he wants to sell. Tendency is for buyer to contact one that list a 'fair' value.

regards
Steven Wang
DTZ
khim,wang28@gmail.com
 9169 5023  Read More