Commentary

5 Hard Truths About Being A Property Agent In Singapore No One Tells You

  • August 1, 2022
  • 8 min read
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Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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yr average real estate agt
yr average real estate agt
1 year ago

You hit the nail bro.. of course the layman will say.. “hey this is occupational hazards that comjes along with teh remunerations.. so no surprise”.. I say to you.. yes.. the same goes for your job of salaried type.. yr comapny may restructure or close down and may lose the job too.. ” that’s also part of the hazards thats comes along too.. so dont laugh too fast.. you mayb part of the jobless stats soo..

unknown
unknown
1 year ago

It’s not 9% active, it’s 9% inactive. And the total value of transactions does not include HDB?

Kevin
Kevin
1 year ago

My main gripe is about the structure of commission payments. To me, it doesn’t make sense that the commission for selling a $2million condo unit is so much more than for selling a $600K HDB flat. The amount of commission charged for the amount (or value) of the work provided just doesn’t tally.

Stacked Homes
Admin
1 year ago
Reply to  Kevin

Hi Kevin, there are also always fixed-fee agents you can choose to go with too. However, it seems people still engage agents with the traditional commissions. Perhaps it could change in a few years!

Smile and stay cool agent
Smile and stay cool agent
1 year ago

HAHA! You left out the other Big Job. We are also a walking telephone directory for the emergency plumber, electrician, mover, fix my light now guy, water flooding on rainy day kinda need all rounded emergency situation guy or gal, at any time of the day kind of agent., 24/7 at your service! So we should actually start charging on per month basis for the management of your client if things get out of hand. However,I must say, I have encountered really grateful owners and tenants who really appreciate the work I do and don’t blow me off for the slightest thing. They make me feel that all the late night work is worth it.

Stacked Homes
Admin
1 year ago

Great point! Yes this is something that almost every agent faces too – plus the late night calling for emergencies

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