Selling 7 Reasons Why Engaging Multiple Property Agents To Sell Your Home Is No Longer Helpful

  • September 8, 2021
  • 9 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Bill Tay
Bill Tay

Hi! Ryan,
I beg to differ.
I engaged an exclusive agent to sell my inter terrace at MacPherson but he undersold my house by 1 million compared to another unit 2 units away which was also sold by him. Although my house was in original condition compared to the one sold for a million more which was in move in condition. So how can there be such a big price gap?
In hindsight, I should have engaged another agent to compete so that both agents would be on their toes.
So ideally, 2 agents instead of multiple agents.
What do you think?

samyak
samyak

Bro MacPherson ! under sell by 1 Mn & you DONT EVEN KNOW ! you allowed the transaction to complete ! Bro I have no words ! Talking about Agents ! I don’t intend to deny Any 1’s Rice Bowl ! But agents do not know, explain features, advantages, benefits of the listed unit , HDB or Non-HDB. While viewing they just accompany the buyer thru the unit ( Anyway HDB format is the SAME, HAS BEEN THE SAME SINCE), there’s nothing to describe about HDB units, & HDB dwellers have no choice too). The intent of advertising openly on… Read more »

samyak
samyak

Talking about Agents ! I don’t intend to deny Any 1’s Rice Bowl ! But agents do not know, explain features, advantages, benefits of the listed unit , HDB or Non-HDB. While viewing they just accompany the buyer thru the unit ( Anyway HDB format is the SAME, HAS BEEN THE SAME SINCE), there’s nothing to describe about HDB units, & HDB dwellers have no choice too). The intent of advertising openly on the web is to save UNNECESSARY Agents commission. ( Agents are not allowed in HDB Office while processing the transaction) Anyway Every 1 is looking to save… Read more »

Dy Francisco III
Dy Francisco III

I disagree. Competition is always good. I am currently selling my house myself and have invited agents who expressed interest to also market my place. But I will not give an exclusive mandate to any agent. So far, it has turned out well. The agents interested are often bringing potential buyers. They know they are also competing with me to sell my place. They also know I save a lot of money if I manage to find a buyer without the help of the agent. This is the minimum commission of 2.5% plus GST that keeps them keen on marketing… Read more »

Yang Guang
Yang Guang

I engaged 3 agents to sell my properties. Two of them are lowlifes with serious ethics issues.

Buyers Agent Sydney
Buyers Agent Sydney

Thank you for sharing your blog. Keep on posting.

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