As a whole, Singapore’s real estate scene is *much* improved from decades ago; some of our parents probably remember when the rules were more like suggestions than laws. But while the rise of CEA has weeded out most of the bad realtors, there are still some dodgy practices to look for. Regulators can’t be everywhere, so be on your toes when you run into these:

1. Shady people posing as agents

2. Asking for rental deposits without any Letter Of Intent (LOI)

3. Fake listings

4. Sellers not being informed of offers, because their agent wants higher commissions

5. Kickbacks from commissions

6. Sending you messages that they have a buyer or tenant ready to transact, right now

7. Telling you that your property is worth a lot more than you’re listing it for

8. Selective presentation of prices

For the full article, please visit: https://stackedhomes.com/editorial/8-shady-real-estate-practices-to-look-out-for-in-singapore/?utm_source=youtube.com&utm_medium=description&utm_campaign=ep_43

Chapters
00:00 - Intro
01:28 - Shady people posing as agents
02:36 - Asking for rental deposits without any Letter Of Intent (LOI)
03:36 - Fake listings
05:25 - Sellers not being informed of offers, because their agent wants higher commissions
07:24 - Kickbacks from commissions
08:42 - Sending you messages that they have a buyer or tenant ready to transact, right now
09:52 - Telling you that your property is worth a lot more than you’re listing it for
10:50 - Selective presentation of prices
12:19 - Outro

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Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

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