top of page
  • Writer's pictureBrian Loh

How To Find A Good And Reliable Real Estate Agent?

Updated: Oct 23, 2022

best property websites Singapore, apartment for sale in Singapore, best affordable condos in Singapore, property launch Singapore, sell apartment Singapore, buy a condo in Singapore, buy apartment, buy apartment in Singapore, buy condominium in Singapore, buy house in Singapore, buy new condo Singapore, buy property in Singapore, buy real estate, condo for sale Singapore,  condo Singapore new launch, condominium for sale Singapore, condominium new launch Singapore, find apartment Singapore, freehold apartment for sale Singapore, freehold new launch Singapore, freehold property for sale Singapore, international real estate agent, freehold condo for sale Singapore, find condos for sale, freehold houses for sale in Singapore, latest executive condo Singapore, new commercial property launch in Singapore, new condo development Singapore, new condo for sale, new launch property in Singapore, new properties for sale, new Singapore condominium launches, new studio condo for sale, sell my condo

A good real estate agent adds value to the investor's assets through sound advice on property investment and reliably facilitating an investor's property investments. He/She should be able to understand the needs of the investor and match these needs to the most appropriate property for investment, thus helping them to achieve their financial objectives.

A professional agent can greatly aid you with his or her expertise and knowledge, and thus protect your interests. Besides arranging and coordinating the viewings, they would also negotiate the price with your best interests at heart.

Specifically, the things a good agent will do for you include:

  • Marketing of properties, conducting of open houses, publicizing the property in the MLS (Multiple Listings Service) and traditional and online media.

  • Qualifying prospective customers to ensure that they are able and ready to transact the deal

  • Doing Comparative Market Analysis for your property

  • Acting as an intermediary in negotiations between buyers and sellers

  • Arranging for moving in, moving out, early renovation and opening of utility accounts for tenants in rental deals

  • Coordinating appointments with lawyers, bankers and HDB resale officers

  • Preparing all the necessary documents such as Option To Purchase (OTP), resale application, inventory list, letter of intent and tenancy agreement.

  • Facilitating the closing of the deal and witnessing the signing of documents

  • Doing the financial calculation and computation of sales proceeds for sellers, and checking the financial requirements for the buyers.

One way of finding such an agent would be through reliable company websites. But investors should also meet up with the agent and ask him/her to make a presentation to gauge his/her sincerity and knowledge, and to ascertain whether a working chemistry exists between the two before hiring him/her.

Some of the things you might ask him/her during the interview include: his/her years of experience, knowledge of the current market situation, understanding of policies, ability to work out the financial metrics for your investment, and his desire to serve.

It is interesting to note that an agent with only one year's worth of experience but equipped with good knowledge and a lot of enthusiasm may do an even better job than a veteran with ten years of experience but who is too busy to personally serve you.

Author By:

Brian Loh CN

MSc. Applied Finance, University of Adelaide, Australia

Registered Real Estate Salesperson by CEA Singapore

85 views0 comments
bottom of page