23 Sep '14, 3am

#singapore #property Good property consultants do not trade: Property consultants may be lure... @valuepropertysg

Comment E-mail to friend Bookmark & Share Property consultants may be lured into investing in real estate, but a good consultant should be able to remain detached and not get carried away, according to an industry veteran as reported in the media. “Some of them think that with the knowledge they have, it is a sure thing; so they start to take positions. They may get carried away and start trading in property. But in their job as a property consultant, they are not supposed to do that,” said Knight Frank Singapore’s Executive Chairman, Tan Tiong Cheng. Aside from clouded judgement, issues regarding conflict of interest could also crop up. “As a property consultant or as an agent, you are supposed to serve your client, yet there have been cases where the agent took a position by buying the property from the client,” he noted. Singaporean’s interest in property can be attribu...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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