For subscribers
Property agents face pressure to hit targets, while more buyers and sellers opt to do without their services
Sign up now: Get ST's newsletters delivered to your inbox
With around 29,000 registered agents, the real estate industry can be competitive, with agents facing pressure to hit their targets.
ST PHOTO: GIN TAY
Follow topic:
SINGAPORE - Three months ago, business owner Jeremy Tan, 31, had a property agent tell him to make a better offer for the three-bedroom condominium unit he was looking to purchase, as his initial offer would yield only a small commission and was "not worth the inconvenience".
This negative house-hunting experience came to mind for Mr Tan, upon hearing of the PropNex Realty property agent who was suspended and fined for faking offers to receive a better commission.
