MOTIVATING
SECONDARY STUDENTS ON REAL ESTATE AS A CAREER
Hillgrove Secondary School invited me to speak on their
Career's Day on26th May 2016
Career Day often refers to a day in school where students
learn about different careers and locations.
It was a great feeling addressing a group of Secondary
Students aspiring to become real estate agents on Careers Day. I'm thankful to
the Hillgrove Secondary school that they gave me this wonderful
opportunity to
present & talk about a topic which is so close to my heart.
Presenting to the Secondary School Students
Students engrossed in
the presentation
The school presented me with a token & a Thank you
letter from the Principal
Agents registered with Agencies charge their customers for the services provided, the following professional fees / commission rates (plus the prevailing rate of Goods & Services Tax).
All fees are strictly payable directly to the Agent's company.
Note that to avoid a conflict of interest, dual representation is strictly not allowed, and we only serve either the Vendor or Buyer or either the Landlord or the Tenant.
RENTALS (no dual representation allowed)
Landlord -
When the rental price is above S$3,500 pm :
1 month commission for 2 year lease; 1.5 month commission for 3 year lease;
0.5 month commission per year of lease extension if option to renew is exercised.
** Payment is due on the day of signing of the Tenancy Agreement by the Landlord and the Tenant
Tenant -
None due when the rental price is above S$3,500 pm*
*Unless the Landlord isn't paying the fee / commission, in which case the ** fees above are applicable
EXCLUSIVE HOME SEARCH
To ensure an effective and customized Home Search service, the agent only represents clients who are not using other agents. This avoids duplicating efforts and creating confusion, while increasing focus, time efficiency and motivation
FORFEITED DEPOSIT
In the case of an aborted Tenancy, the commission shall be one half (1/2) of the amount of the deposit forfeited by the party plus GST subject to a maximum sum equivalent to the agreed commission plus GST
STAMP DUTY FEE
The Tenant pays the Stamp Duty fee. The Tenant's can issue a cheque for the amount payable to Agent's company which in turn is then paid to the Inland Revenue Authority of Singapore.
Stamp Fee is calculated based on Annual Rent using the following rules:-
If the lease term does not exceed 1 year - S$1 for every S$250 or part thereof of annual rent
If the lease term exceeds 1 year, but does not exceed 3 years - S$2 for every S$250 or part thereof of annual rent
If the lease term exceeds 3 years, or has any indefinite term - S$4 for every S$250 or part thereof of annual rent.
2-3% of contracted sales price as commission. Payment is due on the day of sales completion and paid through the property conveyancing lawyer
Buyer
0%*
*Unless the Vendor isn't paying the fee / commission, in which case the Buyer pays the 1-3% of contracted sales price as commission
FORFEITED DEPOSIT
In the case of an aborted Sale, the commission shall be one half (1/2) of the amount of the deposit forfeited by the party plus GST subject to a maximum sum equivalent to the agreed commission plus GST
STAMP DUTY FEE & OTHER FEES
Please be advised by your property conveyancing lawyer for the current rates
HANDLING OF CLIENTS FUNDS
The Agent's company is a licensed real estate agency and will issue the invoice to you directly. Do not pay cash directly to your assigned property agent / realtor, instead, issue payment via cheque to his/her company.
GOODS & SERVICES TAX (GST)
Agencies shall charge their clients and co-brokers the prevailing GST even if the other party / Agency are not GST-registered. GST is a tax payable to the Government and it cannot be evaded. It is an offence to evade it.
Non-payment of GST will result in our legal representative seeking recovery.
Other Services
Agencies clients are offered a personalised service to ensure that their experience with them is a very pleasant one. We always strive for client satisfaction and is an established company that consumers can trust. Professional Indemnity Insurance is mandatory for all our agents to protect the clients. Our agents are certified with a recognized real estate salesperson qualification and must also fulfill Continuous Professional Development (CPD) every year
FEATURED ON SINGAPORE NATIONAL TELEVISION I was featured on Singapore National television channel Vasantham Central on 30th May 2009 in the program, “Azhage Nee Pesu” in their motivational segment for choosing an alternative profession during recession times and achieving success in the real estate business.
CES (administered by The Singapore Accredited Estate Agencies)
Distinction in the Certified Realtor Course from Roof Real Estate Group
Achievements
Closed deal while I was still doing my realtor course
Academic Background
Masters in Commerce (Specializing in Economics/Business Statistics)
AICWA (Cost Accountant from the Institute of Cost and Works Accountants of India)
Diploma in Systems Management (NIIT)
Diploma in Personnel Management & Industrial Relations
Diploma in International Airlines Travel & Tourism Management
Government Commercial Diploma (Sponsored by my college for being a merit student)
SERVICE TO THE SOCIETY
SINGAPORE INDIAN DEVELOPMENT ASSOCIATION(SINDA)
Was a volunteer with SINDA for 3 years reading to kids from low-income and middle-income families helping them develop their reading skills, creative skills and social interaction.
I have received a certificate as the “Award winner for the Best Volunteer Management System” from Prime Minister Lee Hsien Loong (then Deputy Prime Minister) on November 2002 for my contributions.
INDIAN ACTIVITY EXECUTIVE COMMITTEE (IAEC)
I was a Honorary General Secretary for the Jurong GRC and also an active member with the (IAEC) there. I have worked closely with the late MP Dr. Ong Chit Chung. I have helped co-ordinate and
organize various cultural and social events. BUKIT BATOK HOME FOR THE AGED
A volunteer with the Home for the Aged through the AOL, Singapore chapter.
HINDI SOCIETY
Teach children Hindi language during the weekends.
OUR TEAM
Our Strengths
“Two heads are better than one“- With two people bringing a variety of talents, backgrounds and perspectives, these pooled resources can provide both Buyers and Sellers with more and better services.
Friendly, Enthusiastic, assuring and dependable – this is how our satisfied clients describe us.
We are recognized for our reliability and a strong work ethic.
Our USP
We do not believe in pressuring clients, ever.
Our job is to give our clients the pros and cons of any action that they are contemplating.
We don't believe it's our role to make decisions for our clients, to convince them, or to pressure them to make a particular decision.
Our job is to provide detailed options and analysis. This leaves our clients free to make highly informed decisions -- without pressure from aggressive sales tactics.
We take our work very, very seriously. This means that we put our client's interests ahead of ours.
FEATURED ON SINGAPORE NATIONAL TELEVISION
I was featured on Singapore National television channel Vasantham Central on 30th May 2009 in the program, “Azhage Nee Pesu” in their motivational segment for choosing an alternative profession during recession times and achieving success in the real estate business.
