The important things that a professional realtor should be aware of when helping clients to sell, buy, or rent a residential property in Singapore would include, and not limited to the following:
Representing a client
e aware that there are rules and regulations governing the estate agent when helping a client to sell, buy, or rent a residential property in Singapore. The professional
Realtor is liable to fulfil the obligations under the CEA rules and regulations and the code of conduct.
Provide market analysis
Be aware that you need to provide the client with relevant market information to enable the client to make better decisions.
Marketing or Finding
Be aware that you are responsible to market or find the property according to the client’s requirements This would include listing or finding properties in the social media and searching for properties in the social media and other real estate related publications.
Provide indicative valuation
Be aware that you need to provide your client with indicative valuation of the property you are helping to sell, buy, or rent.
Advice clients on legal and financial matters
Be aware of the legal and financial concerns of the client and advice accordingly. For legal matters you should verify with trained lawyers, and for industry related matters you should consult industry experts including IRAS, CEA, and other relevant authorities
Provide excellent customer services
Be aware that you are obliged to serve the client well and to take care of client’s interests and objective to optimise the investments in time, efforts, and money
Abiding by current rules and regulations governing estate agents and sales persons
Be aware of the CEA rules. regulations, and bylaws for professional realtors. Be aware of the need for continuing learning to sharpen up the tools to provide better services to your clients
Please note that the above points are not exhaustive and it would be in your interests to seek advice from the community of realtors, as well as the relevant authorities in charge of selling, buying, or renting of residential properties in Singapore.
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