This is a discussion on MummySG Night Owls Club - MAY 2009 within the Mummy Cafe forum, part of the Community Lounge category; i love teh tarik...
i love teh tarik
no one buying me potato chips... dear husband sae when he's comin back then will msg me.. by the time i already dont wanna 2 eat .. cuz already fall aslp liaoz.. wahahaha......
having fun with the restaurant city game @ FACEBOOK.. lol.....
recently i very random horz....
bo lang arhz?!?!
lai ren arhz!!!
y must 5 posts then can play game ne?!?!?!
i want game...........
You signed exclusive with him yet? How much commission you supposed to be paying him? If he's charging you the market rate of 2%, then why dont you consider engaging another better agent?Originally Posted by Angelmum
If like you said, everything else being constant (facilities & amenities), then the swinging factor will be the level your flat is at plus the state your unit is in ... although a diff of $35k is still a lot.Originally Posted by Angelmum
How extensive & recent is your renovations? If there isn't much done, try painting your flat, clear up all stuff that can free up space & open up all windows to light in most light ... when you next engage a valuer to do the report. Let them capture the best points of your flat ... not the way you want to live in your flat.
Actually, if you think about it ... AngelMum got no case to complain.Originally Posted by Admin-Ed
By "forced to sell low", she means the agent is bringing buyers who are willing to only pay "valuation or close to it" ... so, problem lies with the valuation (which AngelMum thinks should have been $35k higher) & the buyers (who dont see anything too, to wanna offer the price which AngelMum wants).
If an exclusive is already signed with this agent ... & a 2% commission signed, isn't it his prerogative to wanna realistically find a buyer so that he can pocket the commission in the quickest time?
BTW, the comparison with other valuation ... I hope it's not one that was done before 2008 .
Hmmm ... I read of bad apples too, but so far only from ERA.Originally Posted by Admin-Ed
There was even 1 ERA agent who was thrown in jail last year ... for "flipping" a private property & pocketing some $200k-$300k, by convincing the owners to sell low without revealing that he was the buyer.
On the other hand, I also know of owners of the high-end properties to willingly pay 4% commission ... becoz their agents do a brilliant job to ensure these owners laugh their way to the banks.Originally Posted by Admin-Ed
Imagine 4% for a $5m property ... that's $200k commission!! That's why I always advocate paying full commission to engage the really competent agents.
BTW, how did you find the Arte? Committed the down payment already?
Ok ... time to go market .
Good mOrn ppl!!!! *yawns*
I bought those instant pratas today and fried it for family... LOL. Nice .. Crispy!~
hehe Jac dearie all mummies is pretty not only name ..
Morn All ~!!!!~!
and normally, valuation is done based on location, your floor level, and your renovation, but the above mentioned normally contribute to only around a different of 10k in price. a different of 35k is quite a lot.
suggest you go to hdb website and check the recent resale price of flat in your area. what i suspect is that some owner in your area had sell their flat below valuation, and thus cos'ing your valution to drop as well.