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  • Writer's pictureWong Jun Jie

Key Questions To Ask Your Real Estate Agent Before Engaging Them!

Updated: Apr 14, 2023

When it comes to buying, selling, or renting a home, having the right real estate agent on your side can make or break the transaction. A good agent can assist you in navigating the complex and ever-changing real estate market, as well as guide you through the process of finding the ideal property that meets your needs and budget.



According to CEA, 34,427 real estate agents are currently active in the market. With so many options available, it can be difficult to know where to start. That's why we're here: to help you understand the significance of selecting the right agent and what to look for.





What to look for in an agent:


First and foremost, look for an agent who has a proven track record of top hdb agent or top condo agent success records. This is an agent who has closed a number of transactions in the local market and has a positive reputation among clients and professionals, particularly if you are looking for an agent who knows and understands the local market.


There are a few ways to find out about Singapore real estate agents' experience and track record:


Look for online reviews and real estate agents with testimonials from previous clients on the agent's website or third-party review sites. This can give you an idea of the agent's level of customer service as well as the results they have obtained for their clients.


Transaction history:


Ask the agent for a list of recent deals that have closed and how much they sold for. This will give you an idea of the agent's local market experience and success rate. Visit their Facebook page to see if they have been recognized as an award-winning condo/HDB agent.


Look for agents who are members of professional organizations such as the Institute of Estate Agents Singapore (IEAS) or the Council for Estate Agencies (CEA). These groups have strict requirements for joining and require their members to take part in continuing professional development. This helps make sure that agents have the right skills and knowledge.


Referrals:


Ask friends, family, and coworkers if they have any recommendations for a singapore real estate agent they have previously worked with. Personal recommendations can be helpful in locating a reputable agent.


Licensing:


All licensed and registered salespeople must be registered with CEA, and you can check their status and track record on the CEA website.


All real estate agents in Singapore must have a licence from the Council for Estate Agencies (CEA), which means they have met certain education and experience requirements. But having a licence doesn't mean you'll get excellent service, so do your research and ask the right questions. You may also research top property agent singapore to make sure you're working with an experienced, reliable agent.


Here are some of the questions to ask before engaging the real estate agent:


When interviewing a real estate agent, ask the right questions to ensure that they are a good fit for you. You could ask the following questions:


  • How long have you been working in real estate?

  • How many homes have you sold in the area where I want to buy/rent?

  • Are you familiar with the current market conditions and trends in your area?

  • Can you provide references or testimonials from previous customers?

  • How do you deal with difficult situations during the transaction?

  • Could you please provide me with a list of recent closed transactions as well as their final sale prices?

  • How do you interact with customers during the buying/selling process?

  • How will you market the property?

  • What are your hours of availability, and how can I reach you?

  • Have you worked with short sales or foreclosures before?

  • How do you handle the negotiation process?

  • How do you intend to keep me informed throughout the process?

  • Can you give me a breakdown of your services and fees?

  • What are your plans if the transaction falls through?


Remember to ask the agent to explain any confusing or technical terms they use so that you fully understand the information they are providing. Also, remember to request their license and verify it on the CEA's website before engaging their service.


 

Expert guidance for all your real estate needs...

Hello! i'm JJ wong.

I have a history of success in the real estate market. Helping clients through buying or selling your property unit. I am confident in my ability to guide even the most complicated real estate transactions thanks to my in-depth familiarity with the local market, dedication to my clients' needs, and experience.


Drop me a HI! in whatsapp and share with me your top most concern in the property upgrading journey.




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