Property
all u need to know about estate agents
By Patrick Lim  •  December 13, 2011
yesterday, the cea (council for estate agencies) rolled out a brochure which gives tips on all a consumer need to know about estate agents such as: a. how to identify a registered property agent b. how such agents should handle transaction monies c. a listing of the responsibilities of the property agent or salesperson in explaining to consumers all the relevant forms and documents in a binding agreement d. a list of what consumers need to be aware of on their part, such as providing one's terms and requirements clearly to the agent e. what to do when a dispute arises. the brochure also highlights that dual representation, where a property agent represents both the buyer and the seller and collects commission from both parties is an offence. and it is also an offence for a property agent or agency to introduce or refer a buyer to any moneylender. property ......
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By Patrick Lim
Patrick is an Associate Director with Promiseland. He has more than 20 years of personal investment experience both in stock and shares and unit trusts. In his early years as an investor, he got burnt really bad in the infamous 1987 crash and again during the clob incident. With 2 decades of so-called battle scars behind him, the last few years (since 2003) have been good to him especially with his single country funds doing exceptionally well. On his investing style, he is both a technical analyst and fundamentalist. Patrick view wealth accumulation as part and parcel of the wealth management process but only if one has already executed his/her wealth protection planning on an on-going basis.
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