Hi, I'm arriving in SG soon. My company has put me in touch with a housing agent, who I have been in contact with but am not bound to. They have advised me that if I take a property with a monthy rent of 2500 SGD or less, I would need to pay an addition finding fee equal 1 months rent. As anyone come accross this before? Is this standard for all agents?
Wld u know if I must pay my agent comission for renewing my contract, I have no contact with owner so I am forced to contact my agent for renewal...and what can I bargain for...afterall there is not much work my agent will do..
First of all, I would renew the contract with the broker if you cannot get to the Owner directly to avoid that you have to move out!
Then I would reject the payment as long as possible and tell the broker that he should better try to get his commission from the owner because he actually has not done anything for you except for calling the owner...
Or just ask your neighbours next door whether they have the number of the owners....Maybe easier...
Thanks for your help Florian, I have taken this subject up with the agent now and unfortunately there is no chance of reducing this fee. At least I know it is a common fee and how much to try and bargain on the rental value. On the whole this agent's service has been good so I expect to stick with them.