03 Oct '17, 2am

Dear readers, Want greater peace of mind when engaging a property agent to help you buy or sell a home?...

Selling or buying a property? Protect yourself! Signing an estate agency agreement will protect your interests when you engage a property agent. If you are looking to sell your home or search for one through a property agent, use one of the Council for Estate Agencies’ (CEA) prescribed estate agency agreements . The agreement formalises the contract between yourself and the property agency that the agent represents. It sets out the agent’s scope and duties, as well as the terms and conditions involved when the agent acts for you. CEA’s prescribed estate agency agreements are binding, and there are two types of agreements : Exclusive agreements: You appoint only one property agency during the validity period of up to three months Non-exclusive agreements: You appoint a few property agencies to help you in your transaction You can choose the type of agreement to use, dependi...

Full article: https://www.cea.gov.sg/docs/default-source/module/newslet...

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