Broker problem - need help !!

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nismavrik
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Broker problem - need help !!

Post by nismavrik » Mon, 24 Oct 2011 10:29 pm

Hey Guys
I want to know what is the broker fee if the house lease is for two months. Can the broker charge from both landlord and myself? The house rent was $600 per month and I have already paid him $300. The broker is charging $300 from the landlord as well. Do I have to pay the broker again if I want to extend my house agreement by 4 months?

Pls reply asap. I am not aware how the system works in Singapore.

Thanks

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JR8
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Post by JR8 » Mon, 24 Oct 2011 11:48 pm

Your fee is what ever you agreed to in the contract with the broker.

What was it?

beppi
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Post by beppi » Tue, 25 Oct 2011 4:20 pm

The only rule is that he CANNOT charge both tenant and landlord, other than that any amount he and you agree upon is fine (it would make sense to agree BEFORE he renders his service!).
Since he is trying to (illegally) charge both parties, he might be a moonlighting agent. Check with CEA if he is licensed - if not, don't pay anything!

nismavrik
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Post by nismavrik » Thu, 03 Nov 2011 11:19 pm

Assuming he is moonlighting does that mean I can bust him? What details I need to provide to CEA?
beppi wrote:The only rule is that he CANNOT charge both tenant and landlord, other than that any amount he and you agree upon is fine (it would make sense to agree BEFORE he renders his service!).
Since he is trying to (illegally) charge both parties, he might be a moonlighting agent. Check with CEA if he is licensed - if not, don't pay anything!

beppi
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Post by beppi » Fri, 04 Nov 2011 1:41 am

Just report him to CEA, they will take care of it.
If you have something in writing, or witnesses, this will get him a high fine or jail time. So, you'd be nice to him by "just" not paying after receiving the service!

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