Category Archives: CEA

Understanding estate agents, made easy

Posted on 27 Sep 2009 | Comments Off on Understanding estate agents, made easy

The vibrant property market saw not just burgeoning sales volume but an increase in consumer complaints against real estate agents as well.

To address issues such as what property agents should or shouldn’t do, as well as their duties, the Institute of Estate Agents (IEA) will hold a public seminar on Sept 28 with the theme “Consumers’ Expectations of Today’s Professional Estate Agents”.

At the forum, speakers from Ministry of Manpower, Housing and Development Board (HDB) and the Central Provident Fund Board will address issues such as housing requirements for foreign workers and expectations of housing agents in HDB resale transactions.

It will be held at the HDB Hub Auditorium and the guest of honour is Aljunied GRC Member of Parliament, Yeo Guat Kwang.

An entrance fee of $10 will be charged and it include refreshments.

For details, log onto http://www.iea.org.sg.

Source : Today – 26 Sep 2009

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Dishonest Singapore Property Agent Cheats Novice Property Buyers

Posted on 14 Sep 2009 | Comments Off on Dishonest Singapore Property Agent Cheats Novice Property Buyers

Today we watched in horror another Dishonest singapore property agent attempts to cheat hdb property buyer. He asked for deposit of $1000 as money for option to purchase but gives the home buyer only an empty option to purchase form that is unsigned.

This is a time to be extremely careful especially for novice property investors, dishonest property agents in Singapore are out on the loose again. A hot property Market has the same effect as changi prison not locking it’s gates. Yes, criminals running amok.

During a hot property market dishonest Singapore property agents run amok. They find many preys as people are generally guided by fear and greed.

Agents spin stories about prices going up now if you don’t buy.  Fear that the Property market will run away with hefty price rises! This cuts short the thinking process, things are not thought through in detail.

Greed, in that they want to get in quickly as the market is rising, they can buy and sell at a higher price.

Source: Channel 8 news – 12 Sep 2009

TRUE STORY OF DISHONEST SINGAPORE PROPERTY AGENT CHEATING

Recently around late august, a novice Singapore property investor Miss Yuen came to us to get a Singapore home loan for her studio apartment. She (the property buyer, Miss Yuen) recounted her interesting encounter with a Dishonest Singapore property Agent. Continue reading →

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