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 05 Sep 07 11:14 am |
| Fair to all wrote: | | ptswee wrote: | | Anonymous wrote: | | sara_realtor wrote: | What charity are you pple talking abt.............read carefully what i have written there. Of course I got my 2% comm from the seller.
If the walk in buyer offers more than the expected price, why not close the deal even if he is not willing to pay the 1% comm. For me it is the sellers interest at heart first. Any thing wrong. |
ok,u got 2% comm frm seller...if walk-in buyer not willing to pay 1% comm,how shall u explain to ur agency?? CO-BROKE with other agent? I don't think ur agency (Dxxxxxx Wxx)will accept ur explaination rite? correct me if i'm wrong.I guess once u submit your sales transaction, u have to mention with who n from which agency u were co-broking rite?
Or may be in reality u add up 1% buyer comm into the asking price n u will collect it from seller??  |
R u new agent? U come to here to learn kongfu? I teach u even if Sara collect only $0 from buyer, Dennis Wee will not care! U can reach dennis wee 6336-6682 to ask him directly! 
Not long ago when HDB wanted to engage property company to sell their unsold units through public tender, guess what happen? Most of the properties company charge 0% to HDB in their tender document, ERA even wanted to pay 0.125% to HDB for every unit sold! So, do u think property company will care if Sara dont charge his buyer?
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You are comparing apple to orange.
If an agency were to charge 0% to HDB to win the tender and earn commission from buyers, that is fine because that is business dealing.
But if an agent were to charge 0% when there is a commission to collect, he is depriving the agency of earning.
He should be called to the boardroom and given "you are fired" as Donald Trump would have said. Does this makes sense to you? |
thats so called "PROF AGENT".ptswee saying he is SENIOR agent, no wonder people said that u r LOUSY agent.becoz of u many good agent got bad name!! |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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05 Sep 07 3:37 pm |
| Fair to all wrote: |
You are comparing apple to orange.
If an agency were to charge 0% to HDB to win the tender and earn commission from buyers, that is fine because that is business dealing.
But if an agent were to charge 0% when there is a commission to collect, he is depriving the agency of earning.
He should be called to the boardroom and given "you are fired" as Donald Trump would have said. Does this makes sense to you? |
What I can said is that u r not business person, dont ever go into business otherwise u will fail! My best advice! |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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05 Sep 07 3:56 pm |
| Anonymous wrote: |
thats so called "PROF AGENT".ptswee saying he is SENIOR agent, no wonder people said that u r LOUSY agent.becoz of u many good agent got bad name!! |
What do u mean by "lousy" agent, can u explain to me? I earn more than 10k a month, am i a lousy agent? or someone earning less than 3k a lousy agent? Again what do u mean by "bad name"? if agent is able to fetch 2k rental for 5rm flat for the owner in Jurong west, is he a bad agent by over charging tenant? or if the owner is willing to give 3% commission to agent, is the agent guilty of overcharging the owner?
Pls be more specific what do u mean by lousy agent and bad name. |
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sara_realtor
Joined: 22 Jul 2007
Posts: 650
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05 Sep 07 9:25 pm |
| Hai ptswee , thankz for replying on my behalf man. As to "Fair to all", I guest you r an agent. your calculation and all are perfect. It can be done that way as well. Itz not wrong. But its up to individuals how they wanna do it. Every seller want their agents to fetch them the best price possible, well thats what I did. An offer which I never expected and the buyer didt appear like someone whom you wana negotiate with. Very stern person. Didt wanna loose the deal. If you are not an agent and if I m seeling your hse, you would appriciate me. Thats what my seller did. And further got 1 referal. Well we can debate on this for the nex 1 month, there is no right or wrong way to handle this. Itz a long term rice bowl that I m looking at. And again, I only have my clients interest at heart. |
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Fair to all
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06 Sep 07 4:30 pm |
| sara_realtor wrote: | | Hai ptswee , thankz for replying on my behalf man. As to "Fair to all", I guest you r an agent. your calculation and all are perfect. It can be done that way as well. Itz not wrong. But its up to individuals how they wanna do it. Every seller want their agents to fetch them the best price possible, well thats what I did. An offer which I never expected and the buyer didt appear like someone whom you wana negotiate with. Very stern person. Didt wanna loose the deal. If you are not an agent and if I m seeling your hse, you would appriciate me. Thats what my seller did. And further got 1 referal. Well we can debate on this for the nex 1 month, there is no right or wrong way to handle this. Itz a long term rice bowl that I m looking at. And again, I only have my clients interest at heart. |
Well said Sara Yes I am an agent and you have my admiration  |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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06 Sep 07 5:34 pm |
| sara_realtor wrote: | | Hai ptswee , thankz for replying on my behalf man. As to "Fair to all", I guest you r an agent. your calculation and all are perfect. It can be done that way as well. Itz not wrong. But its up to individuals how they wanna do it. Every seller want their agents to fetch them the best price possible, well thats what I did. An offer which I never expected and the buyer didt appear like someone whom you wana negotiate with. Very stern person. Didt wanna loose the deal. If you are not an agent and if I m seeling your hse, you would appriciate me. Thats what my seller did. And further got 1 referal. Well we can debate on this for the nex 1 month, there is no right or wrong way to handle this. Itz a long term rice bowl that I m looking at. And again, I only have my clients interest at heart. |
Perfect answer! This kind of scenario always come up in the CEHA question (paper 2 or 3)! The idea is to be loyal to your principle, which is the seller whom u sign exclusive with u.  |
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07 Sep 07 10:11 am |
| ptswee wrote: | | Anonymous wrote: |
thats so called "PROF AGENT".ptswee saying he is SENIOR agent, no wonder people said that u r LOUSY agent.becoz of u many good agent got bad name!! |
What do u mean by "lousy" agent, can u explain to me? I earn more than 10k a month, am i a lousy agent? or someone earning less than 3k a lousy agent? Again what do u mean by "bad name"? if agent is able to fetch 2k rental for 5rm flat for the owner in Jurong west, is he a bad agent by over charging tenant? or if the owner is willing to give 3% commission to agent, is the agent guilty of overcharging the owner?
Pls be more specific what do u mean by lousy agent and bad name. |
Ptswee.. EAT MY SHIT.. Hope you now understand |
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Guest
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07 Sep 07 10:14 am |
| Anonymous wrote: | | ptswee wrote: | | Anonymous wrote: |
thats so called "PROF AGENT".ptswee saying he is SENIOR agent, no wonder people said that u r LOUSY agent.becoz of u many good agent got bad name!! |
What do u mean by "lousy" agent, can u explain to me? I earn more than 10k a month, am i a lousy agent? or someone earning less than 3k a lousy agent? Again what do u mean by "bad name"? if agent is able to fetch 2k rental for 5rm flat for the owner in Jurong west, is he a bad agent by over charging tenant? or if the owner is willing to give 3% commission to agent, is the agent guilty of overcharging the owner?
Pls be more specific what do u mean by lousy agent and bad name. |
Ptswee.. EAT MY SHIT.. Hope you now understand |
Ey.. pteswee.. iam sorry for the above reply.. i thought u were not supporting SARA and was a bad agent.. but i just read ur above two replies.. so iam sorry for the same... erase my EAT MY SHIT reply....apologize for the same |
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| Re: do i need to pay owners agent |
07 Sep 07 6:15 pm |
From my experience buying and selling, the buyer only has to pay the buyer's own agent, not the seller's agent. The seller's agent collects fees only from the seller. You are under no obligation to pay that agent. If they don't agree, walk out. I won't waste money on them. And don't be blinded by the whole "buying my own flat" business - there are many more on the market. You'll find another.
| taufiq2@hotmail.com wrote: | im a home buyer, got a flat in mind, found it myself....i have no agent. went to the house and talked to the agent. i agree to buy but he say i must pay him 1%!! why??....i am doing my own paperwork...so why am i paying him?...i did my own research, found my own house. he says its law. the thing is as far as i know its not law.
and unless i sign contract with him i dont have to pay him right?
so how aah?...id rather use the money for my family rather than give an agent for nothing |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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| Re: do i need to pay owners agent |
08 Sep 07 1:25 am |
| Anonymous wrote: | From my experience buying and selling, the buyer only has to pay the buyer's own agent, not the seller's agent. The seller's agent collects fees only from the seller. You are under no obligation to pay that agent. If they don't agree, walk out. I won't waste money on them. And don't be blinded by the whole "buying my own flat" business - there are many more on the market. You'll find another.
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It is easy to say that if the agent don't agree, walk out. What happen if the buyer cannot get house for the next few years? Dont forget, 90% of the market is controlled by agent, no agent would want to close with direct buyer without charging commission unless the buyer is prepared to pay 30-40k COV for sengkand and woodlands area.
For the past 5-years in the property line, i never come across buyer don't pay me commission whether it is direct or co-broke case. May be buyer, you can shared your experience with me how u can get the house without paying commission. |
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foomt
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| Commission |
11 Sep 07 2:50 am |
Property agents are jobs where 'O' level is more than qualified. Like stock commission, agents should be only getting 0.25% from buyer & seller ie net 0.5%.
Based on only a $150K low-end flat, 0.5% is already $750! Do you know for a cleaner, how many hours they have to stand & dirty their hands from all the leftover foods & salivas to earn your $750?!
It's because property agents fee is rediculously high, that's why even university grads are doing the job. This is a complete waste of their education & to our nation. You know what is 'BIG TALENT LITTLE USE"?
MY ADVICE TO MINISTERS: REDUCE PROPERTY AGENTS' COMMISSION IF YOU WANT TO USE OUR UNIVERSITY GRADS TALENTS!
In what way have these property agents produce for our nation? Nothing! They are just simple salesmen selling simple product! WHAT IS THE POINT OF FEEDING & HAVING SO MANY AGENTS? |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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| Re: Commission |
11 Sep 07 3:43 pm |
| foomt wrote: | Property agents are jobs where 'O' level is more than qualified. Like stock commission, agents should be only getting 0.25% from buyer & seller ie net 0.5%.
Based on only a $150K low-end flat, 0.5% is already $750! Do you know for a cleaner, how many hours they have to stand & dirty their hands from all the leftover foods & salivas to earn your $750?!
It's because property agents fee is rediculously high, that's why even university grads are doing the job. This is a complete waste of their education & to our nation. You know what is 'BIG TALENT LITTLE USE"?
MY ADVICE TO MINISTERS: REDUCE PROPERTY AGENTS' COMMISSION IF YOU WANT TO USE OUR UNIVERSITY GRADS TALENTS!
In what way have these property agents produce for our nation? Nothing! They are just simple salesmen selling simple product! WHAT IS THE POINT OF FEEDING & HAVING SO MANY AGENTS? |
Can I employ u as a property agent for marketing my house, I give u 0.51%? |
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Guest
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| Re: Commission |
12 Sep 07 9:55 am |
| ptswee wrote: | | foomt wrote: | Property agents are jobs where 'O' level is more than qualified. Like stock commission, agents should be only getting 0.25% from buyer & seller ie net 0.5%.
Based on only a $150K low-end flat, 0.5% is already $750! Do you know for a cleaner, how many hours they have to stand & dirty their hands from all the leftover foods & salivas to earn your $750?!
It's because property agents fee is rediculously high, that's why even university grads are doing the job. This is a complete waste of their education & to our nation. You know what is 'BIG TALENT LITTLE USE"?
MY ADVICE TO MINISTERS: REDUCE PROPERTY AGENTS' COMMISSION IF YOU WANT TO USE OUR UNIVERSITY GRADS TALENTS!
In what way have these property agents produce for our nation? Nothing! They are just simple salesmen selling simple product! WHAT IS THE POINT OF FEEDING & HAVING SO MANY AGENTS? |
Can I employ u as a property agent for marketing my house, I give u 0.51%? |
Y should i work for you for a third rated job like this.. I can use my talent in a better way.. |
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ptswee
Joined: 30 Mar 2007
Posts: 417
Location: Yishun
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| Re: Commission |
12 Sep 07 6:00 pm |
| Anonymous wrote: |
Y should i work for you for a third rated job like this.. I can use my talent in a better way.. |
Some of my colleagues working as property agent is earning $1 million last year, can u find me a third rated job that can earn $1 million per year! |
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Guest
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| Re: Commission |
13 Sep 07 1:20 am |
| ptswee wrote: | | Anonymous wrote: |
Y should i work for you for a third rated job like this.. I can use my talent in a better way.. |
Some of my colleagues working as property agent is earning $1 million last year, can u find me a third rated job that can earn $1 million per year! |
Some robbers also "earn" millions per year.
MINISTERS, TIME TO LOWER AGENTS' COMM TO 0.25-0.5%. They are getting more arrogant as property goes up. They actually think they are some kind of smart entrepneuers when they are just simple SALESMEN lucky enough to be at the right place & at the right time. |
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Guest
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| Re: Commission |
13 Sep 07 2:21 am |
| Anonymous wrote: | | ptswee wrote: | | Anonymous wrote: |
Y should i work for you for a third rated job like this.. I can use my talent in a better way.. |
Some of my colleagues working as property agent is earning $1 million last year, can u find me a third rated job that can earn $1 million per year! |
Some robbers also "earn" millions per year.
MINISTERS, TIME TO LOWER AGENTS' COMM TO 0.25-0.5%. They are getting more arrogant as property goes up. They actually think they are some kind of smart entrepneuers when they are just simple SALESMEN lucky enough to be at the right place & at the right time. |
hiyaaa....talk n talk other people no good,robber n ask minister lower down..so what??? if u r really good n really care....show ur identity lorrrrr.. at least this PTSWEE dare to show who is he...compare than u...
SENIOR marketing MGR but how abt u?? though i don't like this ptswee
talking nonsense lorr...   |
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Guest
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| Re: Commission |
14 Sep 07 12:05 am |
MINISTERS, TIME TO LOWER AGENTS' COMM TO 0.25-0.5%. They are getting more arrogant as property goes up. They actually think they are some kind of smart entrepneuers when they are just simple SALESMEN lucky enough to be at the right place & at the right time.[/quote]
hiyaaa....talk n talk other people no good,robber n ask minister lower down..so what??? if u r really good n really care....show ur identity lorrrrr.. at least this PTSWEE dare to show who is he...compare than u...
SENIOR marketing MGR but how abt u?? though i don't like this ptswee
talking nonsense lorr... [/quote]
Ya lor, why you like to talk nonsense when you have nothing better to say? Can be more mature & argue logic? |
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ERIC_TEO75
Joined: 08 Sep 2007
Posts: 1631
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14 Sep 07 12:25 am |
| SENGKANG AND PUNGGOL PRICE IS NOW INCREASING ALREADY NOW IF YOU WANNA FIND A UNIT AT 10K IT IS SO DIFFICULT ALMOST IMPOSSIBLE AS FOR BUYER WHO WAN TO FIND HOUSE WITHOUT PAYING AGENT COMMISSION YOU WILL HAVE TO PAY SKY HIGH PRICE TO BUY A UNIT BY THE OWNER . NO OWNER WILL SELL LOW PRICE PUT YOURSELF IN THE OWNER SHOE WILL YOU. HDB DOCUMENT IS NOT HARD BUT IT NOT EASY TOO YOU MADE A MISTAKE THE WHOLE DEAL MAY JUST BURST IT TAKE 2 MONTH TO BOOK A 1ST APPOINTMENT IF DOCUMENT NOT SUFFICIENT THE OWNER TO SELL THE HOUSE GET HIBCUP RESERVE THE RIGHT TO SUE THE BUYER (IF REPRESENT BY THEMSELVES)THE WHOLE PROCESS OF HAVING ALL THE DOCUMENT AND TO SUBMIT THE DOCUMENT WILL BE THROW OUT BY HDB IF JUST ONLY 1 DOCUMENT IS NOT THERE |
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Guest
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| Re: Commission |
14 Sep 07 12:38 am |
| Anonymous wrote: |
Some robbers also "earn" millions per year.
MINISTERS, TIME TO LOWER AGENTS' COMM TO 0.25-0.5%. They are getting more arrogant as property goes up. They actually think they are some kind of smart entrepneuers when they are just simple SALESMEN lucky enough to be at the right place & at the right time. |
Michael Own play football, he know nothing except putting the ball inside the net, and yet he earned million pound per year! He is just simple FOOTBALLER lucky enough to be at the right place & at the right time!
Mr, do u know what is the difference btw success and failure -- that is "at the right place & at the right time"
So, I can assume that u r a failure in yr life because u r always "at the wrong place & at the wrong time"
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