Property
Is This The Right Way To Cut Property Agent Numbers?
By Stacked Homes  •  May 5, 2024
One way to lower prices is to take out the middleman, right? It used to be a no-brainer for me. But over the years, I’ve been forced to admit that some middlemen (and related fee collectors) are indispensable. Like when it’s raining at two in the morning and I’m pulling an all-nighter, I’m pretty grateful I can pay platform fees for someone to magically appear at my door, with fried chicken. Those are the small things. But when it comes to real estate, it’s not just about convenience is it? A messed-up transaction is nowhere near your fries or large drink not arriving; it can mean a thousands lost due to lapsed options, or just not getting the best offer. So I’m not as quick to jump on the bandwagon of capping agent commissions, with the supposition that it could lower home prices. On the one hand, I do understand how this is plaguing the new launch industry:...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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