Property Stories

Confessions Of A Property Agent In Singapore: Why I Had To Drop My Worst Client Ever

Join our Telegram group for instant notifications
Join Now

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.

Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Ben
Ben
2 years ago

Nice there was somewhat of a happy ending for Tracy this time.

Woojung
Woojung
2 years ago

Thanks for sharing the story. Very well written. Totally unimaginable that such thing could happen.

Daniel
Daniel
2 years ago
Reply to  Woojung

i once had an agent, my wife’s “friend”.

In a rising market, with enbloc fever raging, apartment units within our development were fast selling. He sent a couple our way, knowing the price was beyond them. Then silence…

Meanwhile, viewings all round were going on. Prices were rising by the transaction… Then he claimed to be going overseas for a three-week holiday and wanted a signed “blank option”. i.e. an option to purchase, where details of the buyer were left blank but not the sellers’. He said his colleagues would handle matters in his stead.

We let him have it. BIG MISTAKE!

As the agent’s holiday stretched, I noticed a property listing with familiar characteristics similar to mine. I called. The answerer said he had a blank option in front of him and would be able to execute… He wanted a price higher than mine…

I called the agent, received a local dialling tone on his mobile, terminated the agreement and asked for the return of the ‘blank option”. Shortly, we received an executed option for the price we asked for from his colleague and a deposit.

Relieved, we accepted the document and deposit. NOT NOTICING that the buyer was essentially a limited liability corporation with a foreign name…

Upon completion, we were informed that our property was flipped at a similar price to another. Presumably, the enbloc fever had abated by then.

About twenty years later to day, the property has appreciated marginally.

However, I too am glad for Tracy.

Latest Posts

Screenshot
Property News An Executive Condo Just Sold For $3.05m: Is This An Outlier Or A Sign Of Things To Come?
March 30, 2025
A Bright Minimalist Condo Apartment With A Loft 1
Living In A Bright Minimalist Condo Apartment With A Loft
March 30, 2025
reduce property price
News Why Rejecting The First Property Offer In Singapore Could Cost You
March 30, 2025
Bloomsbury Residences Model 31
New Launch Reviews Bloomsbury Residences Review: Unblocked Views With 2-Bedders From $1.366m In One-North
March 29, 2025
prime plus hdb
Property News HDB Just Made It Easier For Young Couples To Buy Flats: But Not Everyone Is Happy
March 28, 2025
A Bachelor’s Industrial Inspired 4 Room HDB Home With A Garden Balcony 1
Living In A Bachelor’s Industrial-Inspired 4-Room HDB Home With A Garden Balcony
March 28, 2025
property agent 2023
Selling Can You Really Sell Your Home For Just $2K In Singapore? Here’s When A Fixed-Fee Property Agent May Work
March 27, 2025
5 HDB Flats With Good Unblocked Views Above 1,000 Sqft
Units Of The Week 5 HDB Flats With Good Unblocked Views Above 1,000 Sqft
March 27, 2025
johor bahru causeway
Editors' Pick Looking To Live Near JB? Here Are The Cheapest Condos By The Causeway In Woodlands
March 25, 2025
Best layouts we’ve seen among new launches in Q1 2025
Buying The Best New Launch Condo Layouts We’ve Seen So Far In 2025
March 25, 2025
New vs Resale Two Bedders Why Are Buyers Opting for New Launches in 2025?
Commentary Why Are Homebuyers Choosing Pricier New Launch 2-Bedders Over Resale Options In 2025?
March 24, 2025
How preferences toward kitchen layouts have changed in 2025
Commentary How Condo Kitchen Preferences Have Changed In 2025
March 23, 2025
An Award Winning Condo Apartment That Blends Modern & Vintage Aesthetics 1
Editors' Pick An Award Winning Condo Apartment That Blends Modern & Vintage Aesthetics
March 23, 2025
One North
News Why One-North Is A Property Mystery To Me
March 23, 2025
The Stirling Residences 2 top view
Resale HDB Where To Find The Cheapest HDB Flats In Popular Estates In 2025 (From $250,000)
March 22, 2025
Untitled Artwork
Commentary Why More Singaporeans Are Upgrading To Bigger HDB Flats Instead Of Condos In 2025
March 21, 2025