Website lets sellers decide property agents' worth

Mr Michael Cho launched his website Urban Agents last week. It connects home sellers to agents and lets them pay what they think the agent deserves.
Mr Michael Cho launched his website Urban Agents last week. It connects home sellers to agents and lets them pay what they think the agent deserves.PHOTO: URBAN AGENTS

Urban Agents says home sellers can opt to pay commission based on the service given

A new website that connects home sellers to property agents will allow users to pay what they think the agent deserves.

Through the Urban Agents portal at www.urbanagents.com, sellers can opt to pay agents as low as 1 per cent commission for bad service, and up to 2.5 per cent for "world class service". The market norm is around 2 per cent, though commissions can be negotiated beforehand.

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A version of this article appeared in the print edition of The Straits Times on October 24, 2018, with the headline 'Website lets sellers decide property agents' worth'. Print Edition | Subscribe