A common question, why trying to sell your home, is why you wouldn’t just let a few dozen agents try to help you. The first one to get the best deal wins. More agents, more listings, and more exposure – simple right? But in reality, many sellers find it takes even longer, or that they get fewer inquiries. Due to the nature of the Singapore private property market today, it’s likely that having multiple agents will end up doing more harm than good; and here’s why:
Engaging multiple property agents could be helpful, many decades ago
This was in the era before property portals became common.
In the 1980’s and 1990’s, property was often marketed through old-school methods, such as good old-fashioned flyers, classifieds, and cold calls. In such an environment, having multiple agents was useful....