ClockworkO 0 Report post Posted January 12, 2009 Hi all... When is a appropriate time for me to pay my agent's commision ? Pls advise Share this post Link to post Share on other sites
pinkpetter 0 Report post Posted January 12, 2009 I paid mine during second appt. Some companies (like HSR) guarantee the sellers that the house is free of some structural problems like leakage and stuff so you can inspect the house for such things and bring it to the agent's attention before giving the commission. I've heard of people paying during 1st appt but I think it can be negotiated to the second..... and I think it's reasonable to do so. Share this post Link to post Share on other sites
Diavonex 0 Report post Posted January 12, 2009 It's important to make it clear to agent that you'll pay them on the 2nd appointment. The Sales/Purchase is still not completed after the 1st appointment. Share this post Link to post Share on other sites
zirhk3355 1 Report post Posted January 12, 2009 (edited) Pay only when you satisfied that the agent had done his/her job. Period. Nothing before that, and also to be fair, touch your heart and pay when you know the job is done. Edited January 12, 2009 by zirhk3355 Share this post Link to post Share on other sites
jnl 0 Report post Posted January 12, 2009 How abt if i buy a resale flat,need to pay any agent's commision?Thanks Share this post Link to post Share on other sites
ClockworkO 0 Report post Posted January 12, 2009 (edited) Thks so much for all your kind advise. SO much $$$ is involved , coz it's buy & sell, so total commision is 8K++. Or shd I pay 1% commision 1st on 1st appt ? Hmm... Still gotta use my saving for reno...which might cost 30K... I understand HDB will only send me a cheque ard 1mth++, after 2nd appt ? Edited January 12, 2009 by ClockworkO Share this post Link to post Share on other sites
pinkpetter 0 Report post Posted January 12, 2009 mmm I saw the HDB officer hand the cheque of $109k++ to my sellers on the 2nd appt.... yes yes a lot of money involved. I wouldn't pay the 1% first. MmM Actually if I were buying now I would negotiate the commission cos economy not good anyways. Share this post Link to post Share on other sites
CutePinkElephant 0 Report post Posted January 12, 2009 its very heart pain when its time to pay 1% for agent comm with that ammount will buy alot alot of thing for new house liao.... Share this post Link to post Share on other sites
zirhk3355 1 Report post Posted January 13, 2009 How abt if i buy a resale flat,need to pay any agent's commision?Thanks Just to be candid: You don't pay agent's commission for buying a flat. You only pay agent's commission when you engage an agent's services. Share this post Link to post Share on other sites
ClockworkO 0 Report post Posted January 13, 2009 mmm I saw the HDB officer hand the cheque of $109k++ to my sellers on the 2nd appt.... yes yes a lot of money involved. I wouldn't pay the 1% first. MmM Actually if I were buying now I would negotiate the commission cos economy not good anyways. My agent's comm is non-negotiable. Always say we earn so much profit already , shd be able to afford the comm. I don't mind , coz agents need to earn a living too. but now asking if we can pay on 1st appt. Aiyah ! If can get cheque on 2nd appt wld be good , don't have to use our savings. Still gotta pay for reno deposit Share this post Link to post Share on other sites
zerochristy 0 Report post Posted January 13, 2009 My agent's comm is non-negotiable. Always say we earn so much profit already , shd be able to afford the comm. I don't mind , coz agents need to earn a living too. but now asking if we can pay on 1st appt. Aiyah ! If can get cheque on 2nd appt wld be good , don't have to use our savings. Still gotta pay for reno deposit My agent hor also not neg. also ma... 1% we got to give her... some more her works sucks cause she is more on the priviate property than the HDB sector. We will be going for our 1st Appt but the agent have not ask for her commission yet. I personally think I will give her the commission on the 2nd Appt only. Share this post Link to post Share on other sites
ClockworkO 0 Report post Posted January 13, 2009 My agent hor also not neg. also ma... 1% we got to give her... some more her works sucks cause she is more on the priviate property than the HDB sector. We will be going for our 1st Appt but the agent have not ask for her commission yet. I personally think I will give her the commission on the 2nd Appt only. I too personally think shd give on 2nd appt , who knows between 1st & 2nd appt, something goes wrong and I already pay the commision! Then I got problem , agent got $$ already then bo-chap liow... Share this post Link to post Share on other sites
zerochristy 0 Report post Posted January 14, 2009 I too personally think shd give on 2nd appt , who knows between 1st & 2nd appt, something goes wrong and I already pay the commision! Then I got problem , agent got $$ already then bo-chap liow... Well let the agent work for the $$$ (Working towards the $$) which is she will be getting the $$ after all the work done. Share this post Link to post Share on other sites
kelvinlkh 0 Report post Posted January 15, 2009 Just curious do the commission including 7% GST. Thank for ur info first. Share this post Link to post Share on other sites
Sydney 0 Report post Posted January 16, 2009 Just curious do the commission including 7% GST. Thank for ur info first. Actually why don't you handle the transaction yourself to save on the comm? If there's someone to guide you on the necessary proceedures/forms etc, would you DIY? Share this post Link to post Share on other sites
