Agents

The more details you provide to your agent, the faster they can find your dream home or ideal investment Over the years of serving buyers, we notice that buyers who approach their property purchases in an upfront manner, disclosing all of their needs and exactly how much they are willing to pay for those, walk away from their purchases far happier than those who don’t share fully their affordability...

A property agent has been fined S$27,000 for altering lease agreements to collect additional commissions, the Council for Estate Agencies (CEA) said in a statement on Monday (Dec 23). George Peh Meng Woon of KF Property Network has also had his CEA registration suspended for 10 months. The 45-year-old committed the breaches several years ago, when he was a property agent with DTZ Property...

Singapore real estate agency and advisory group OrangeTee Holdings has changed its name to OT Group (OTG), it announced in a press statement on Monday. The rebranding is meant to reflect a "unified identity" for the group, following the merger of its real estate agency arm with the agency arm of real estate consulting firm Edmund Tie & Co in 2017, OTG said. Its existing real estate agency will...

The professional standards of property agents have improved over the years, industry players said following online criticism that some agents fall short when it comes to helping their clients and acting in their best interests. This comes after the Council for Estate Agencies (CEA) said on Monday (Oct 21) that a property agent was fined S$30,000 and suspended 12 months for being unprofessional and...

A property agent has been fined S$30,000 and suspended 12 months for being unprofessional and unethical in a property transaction, said the Council for Estate Agencies (CEA) on Monday (Oct 21). This is the highest fine and longest suspension meted out to a property agent, the statutory board said in a media release. PropNex Realty agent Ngu Ping Chuan James Ethan, also known as James Ngu, 39, made...

Just a few years ago, property agent Evonne Tang remembers flipping through the classified advertisements every morning, painstakingly perusing property listings and circling ones that could potentially interest her clients. However, all this information — and more — is now at her fingertips, thanks to mobile applications provided by property agencies, drastically reducing the time she has to spend...

APAC Realty, which operates the ERA brokerage brand here and across the Asia-Pacific, has invested S$1 million in proptech startup Dots Connected via a three-year convertible note that comes with no interest. A convertible note is a form of debt that comes with an option to be converted into equity. Dots Connected owns UrbanZoom, an artificial intelligence driven auto-valuation platform for real estate;...

Singapore Estate Agents Association (SEAA), a grouping of real estate players, announced on Tuesday a proposed acquisition of a 51 per cent stake in online property platform SoReal Prop, which is jointly founded by ERA Realty, Huttons Asia and PropNex Realty. The association said that the acquisition is a “timely” one that would help strengthen the capabilities of its nearly 4,700 real estate...

Real estate agency OrangeTee & Tie has partnered Germany-headquartered startup Helpling to allow its agents to access home services through the firm's Agent App. Property agents will be able to book the services of professional housekeepers listed on the Helpling platform, making it even more convenient to get their properties cleaned before presenting them to potential homebuyers or tenants. They can...

ERA Realty Network has announced a S$1 million startup grant to help offset joining fees for new real estate salespersons joining the industry. With the grant, new agents joining ERA pay a sum of S$100 for administrative and materials fees, instead of the usual amount of S$1,127. This covers the joining fees of S$563.50 per agent - comprising admin fee (S$53.50), registration fee (S$230), compulsory...