Commentary We Reveal How Much Property Agents In Singapore Are Really Making: Here’s A Detailed Breakdown

  • September 11, 2022
  • 10 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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honest_me
honest_me

Disagree on the cost of car ownership being totally positioned as an expense for property agent. Being a fair comparison to an average worker from other industry, the only difference on car ownership is only the use of the car for house visits, etc. Therefore only the cost of petrol should be considered when comparing against the average earnings of workers. Unless you are telling me you need to spend $1300 on petrol alone (purely for trips to support the agents work), then the comparison is fair. Anyways, if you managed to sell more than 1 unit per month, or… Read more »

Not_an_property_Agent
Not_an_property_Agent

Totally agree. The calculation is more applicable to a newbie in the market for the 1st month who has only 1 property to market. Working with a team to share costs and marketing multiple properties at the same will drastically bring the per unit cost.

Joni Tay
Joni Tay

That also means income is shared and significantly goes down per closing

Joni Tay
Joni Tay

Minus social media costs which can go much higher than the portal costs; can easily range from $1000 to 5 figures a month. Imagine having to commute from east to West then rush to North then to south and back again to west and east back to back vs daily community to and from work at specific location Note: agents need to travel not only for viewings; need to meet for discussion; presentations; paperwork; handover; inspections; project briefings; trainings etc Some listings view 100 times still not closed; some over a yr; imagine the time, effort, marketing costs Yes if… Read more »

Stacked Homes
Stacked Homes

Thanks for sharing further perspectives on this, very insightful!

Soo Eng See
Soo Eng See

New tactic of listing by property guru. Before a potential client can reach the agent advertising a home on property guru, a questionnaire pop up when one click on the agent’s contact. It’s asking personal particulars of potential client. With the current privacy law, it is not right for property guru to make such a move. To make matter worse, it’s questionnaire may not go beyond the form filling & therefore no contact is possible for the interested potential buyer. Agents, be aware that this is happening. Your advertisement is dead with this measure of property guru.

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