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Thread: Commission % of property price.

  1. #1
    Join Date
    Jun 2009
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    Southbank
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    Default Commission % of property price.

    https://www.cea.gov.sg/docs/default-...ommissions.pdf

    Commission Rates - Fixed or Negotiable?

    Consumers often ask “Is commission rate fixed?” The answer is “No”.

    Commission rate is in fact negotiable.

    In a public perception survey commissioned by the Council for Estate Agencies (CEA) last year, consumers showed low awareness that the commission payable to an estate agent/salesperson is negotiable. CEA does not fix commission rates or provide commission guidelines so as to allow market forces to drive competitive pricing in the industry. Salespersons will then have the incentive to price their services competitively
    The Best Time to buy Property is Yesterday.
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  2. #2
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,708

    Default Re: Commission % of property price.

    Property market is a free market, commission is base on willing buyer and seller. 2006 BUC commission was $200 dollar per sale. Now commission in some project can be very high.

    CDL Forestwood condo unsold unit did give one of the agency with fixed rate to sell and none of the unit was sold.

    https://t.me/notgpod/2111

    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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