New educational brochure on estate agency work

he Council for Estate Agencies (CEA) has launched its first educational brochure Monday on estate agency work.

CEA said its part of its outreach effort to equip consumers with essential knowledge to help them experience a smooth property transaction.

Called “Consumer Tips for Engaging a Real Estate Salesperson”, the guide provides a reference to those who wish to engage the services of real estate salespersons in property transactions.

It highlights key responsibilities of estate agents and salespersons, as well as prohibited practices such as dual representation, referrals to moneylenders and holding of transaction monies by estate agents and salespersons.

The consumer guide is available free of charge in CEA’s office and for public download at www.cea.gov.sg.

Source : Channel NewsAsia – 12 Dec 2011

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