12 Mar '18, 1am

Selling or buying a property? Protect yourself!

If you are looking to sell your home or search for one through a property agent, protect your interests by using 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, depending on your needs and preferences. The agreement protects the interests of both you, the consumer, and the property ag...

Full article: https://www.iproperty.com.sg/news/selling-or-buying-a-pro...

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