It can be tough for property agents

[hotbot]

Sep 26, 2010
YOUR LETTERS
It can be tough for property agents

I refer to the article, 'Do your checks before signing the cheques' (Aug22).

The writer mentions property agents who drive BMWs. What about those who take the buses, trains and taxis?

There are times when agents are abused by buyers or sellers, or when the agents' advertising costs surpass the commissions they receive. Sometimes, the sellers may delay paying the commissions, making life difficult for the agents.

There are also instances where agents serve buyers or sellers wholeheartedly, only to end up with no deal.

Koh Wee Leng (Miss)

 

[CCBcsj]

The writer mentions property agents who drive BMWs. What about those who take the buses, trains and taxis?

Or, for that matter, DRIVE taxis

 

[popdod]

Tough job but good money.

:( :o :(

 

[peterlth]

There are also instances where agents serve buyers or sellers wholeheartedly, only to end up with no deal.

Koh Wee Leng (Miss)

No one owns anyone a living. Property agents are just like any sales job. You win some, you lose some ..... welcome to the real world ....

 

[besotted]

property agents need to be regulated. we have to avoid the rogue agents such as mike parikh ....

Source: Today, 24 July 2009

Of late, ERA has been cracking the whip on its agents in an industry where complaints of rogue or ignorant agents are rife. Last week, ERA warned its agents against submitting transactions under the names of senior colleagues to garner a higher share of the commissions.

And in February, a couple successfully sued ERA after its agents profited from “flipping” an apartment they were engaged to sell. The couple had sold their apartment through ERA agent Jeremy Ang, but it turned out that the buyer, Ms Natassha Sadiq, was the wife of his boss Mike Parikh, a senior director at ERA. She immediately resold the unit for a $257,000 gain.

 

[MarrickG]

I've heard some who has to sleep with clients to get deals.