Saturday, January 30, 2010

Is there a code for property agents?

I WOULD like to ask Singapore Accredited Estate Agencies (SAEA) and PropNex Realty about the new rule that all agents must pass the Common Examination for Salespersons. Does it apply to all agents who specialise in the buying, selling or renting of HDB, private or commercial properties? Are agents who specialise in rented properties not required to take the exam? If so, it is unfair to agents who specialise in other areas.

Can an agent who has been found not to have declared commissions or submitted transactions be employed by other company?

Does SAEA have any record of such an agent? The reason I ask is that some companies may not mind employing such an agent with this kind of attitude as long as he can do the work. If so, is this fair to other agents who take their careers seriously? If such agents can cheat the company, they can also cheat the customer and it will ruin the reputation of all agents.

What is the minimum qualification to be an agent? Why does SAEA not standardise it so all applicants have at least N or O levels?

Yusnita A. Raby (Miss)

Source: Straits Times, 30 Jan 2010

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