Real Estate Agents Fees

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Similan
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Real Estate Agents Fees

Post by Similan » Sun, 27 Dec 2009 10:03 am

Hi,

Recently I was being shown a HDB for rent. The agent showing me the flat told me that I'd have to pay half month rent for his commission, which I know is normal.

But then he told me each time I renewed my lease I'd have to pay him a further half month rent.

Is this normal, or was he trying to rip me off. I'd never heard of this happenning before.

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blue_thunder
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Re: Real Estate Agents Fees

Post by blue_thunder » Mon, 28 Dec 2009 2:18 pm

Similan wrote:Hi,

Recently I was being shown a HDB for rent. The agent showing me the flat told me that I'd have to pay half month rent for his commission, which I know is normal.

But then he told me each time I renewed my lease I'd have to pay him a further half month rent.

Is this normal, or was he trying to rip me off. I'd never heard of this happenning before.
Yes it is. :mad:

You can renew the agreement with the landlord directly by skipping the agent, provided your landlord is genuine person.
I have been doing this for the last 2 years. :P
~ I don't want to be a product of my environment, I want my environment to be a product of me

singaporenet.net
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Re: Real Estate Agents Fees

Post by singaporenet.net » Wed, 30 Dec 2009 4:09 am

Similan wrote:Hi,

Recently I was being shown a HDB for rent. The agent showing me the flat told me that I'd have to pay half month rent for his commission, which I know is normal.

But then he told me each time I renewed my lease I'd have to pay him a further half month rent.

Is this normal, or was he trying to rip me off. I'd never heard of this happenning before.
Yes it is normal practice in singapore.
I've been living in a HDB in bishan for 2 year and every time you renew the contract you must pay the agent fee as well.
If you want to save money you can negotiate directly with the owner.

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