Haven't sign anything, not even an offer has been made...my rational mind is saying I should go directly to the landlord's agentaster wrote:Did you sign a 2-yr lease?
I have only heard of co-paying when signing shorter leases, but with a standard lease the landlord will pay 1 month's worth of rent as a fee to the agent (or rather both agents will split this between them).
Did you sign any agreement with her before engaging? If so, that's what you're legally obliged to do. If not, then everything you're reading is all guidelines but not law. (e.g., her splitting with LL, arbitrary amounts like $3500 being where one person pays vs the other person, etc).LivinginSG wrote:Hi all
My agent (tenant's agent) has asked that I pay for the agent's fees too. She says that she's been spending a lot of time looking for properties and organizing viewings. We've seen a number of properties > 10 I think
So she reasons after factoring co-broking and further split of the remainder with her company, the residual is probably not worth the effort and costs (petrol, etc..)
I've read in forums that the tenant should never pay as it's illegal. But I've found the blog below that says if the rent is <3.5K, the tenant is to pay the tenant's agent
I'm confused, please kindly advise
Of course if I choose to act as a rational economic man, I'd just go to the landlord's agent and negotiate myself? No? Yes?
But were you discussing a 2-yr lease or was it known from the outset that the lease will be shorter?LivinginSG wrote:Haven't sign anything, not even an offer has been made...my rational mind is saying I should go directly to the landlord's agentaster wrote:Did you sign a 2-yr lease?
I have only heard of co-paying when signing shorter leases, but with a standard lease the landlord will pay 1 month's worth of rent as a fee to the agent (or rather both agents will split this between them).
Didn't sign any agreement whatsoeverzzm9980 wrote:Did you sign any agreement with her before engaging? If so, that's what you're legally obliged to do. If not, then everything you're reading is all guidelines but not law. (e.g., her splitting with LL, arbitrary amounts like $3500 being where one person pays vs the other person, etc).LivinginSG wrote:Hi all
My agent (tenant's agent) has asked that I pay for the agent's fees too. She says that she's been spending a lot of time looking for properties and organizing viewings. We've seen a number of properties > 10 I think
So she reasons after factoring co-broking and further split of the remainder with her company, the residual is probably not worth the effort and costs (petrol, etc..)
I've read in forums that the tenant should never pay as it's illegal. But I've found the blog below that says if the rent is <3.5K, the tenant is to pay the tenant's agent
I'm confused, please kindly advise
Of course if I choose to act as a rational economic man, I'd just go to the landlord's agent and negotiate myself? No? Yes?
I would personally figure out how it actually cost her to service you, how much she's getting from the LL, and how happy you are with the service and come to an arrangement based on that.
Discussed re 2 yr lease...aster wrote:But were you discussing a 2-yr lease or was it known from the outset that the lease will be shorter?LivinginSG wrote:Haven't sign anything, not even an offer has been made...my rational mind is saying I should go directly to the landlord's agentaster wrote:Did you sign a 2-yr lease?
I have only heard of co-paying when signing shorter leases, but with a standard lease the landlord will pay 1 month's worth of rent as a fee to the agent (or rather both agents will split this between them).
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