Philip Chua Business Blog

Posts Tagged ‘agent’

(SINGAPORE) Life insurers here such as Manulife are recruiting big time and their efforts may get a boost from the uncertainty facing some 4,000 AIA agents worried about the takeover by Prudential. But it won't be cheap for those targeting AIA agents - especially the more senior ones - because the company is the only insurer here which has an agents' provident fund, said one AIA agent. 'They are t... more

MOTOR firms have increased car prices by as much as $22,000, in anticipation of certificate of entitlement (COE) premiums going up further.
The price rises came just a day after car premiums soared by $8,000 to $14,000, which many players see as a sign of things to come.
Toyota agent Borneo Motors, the biggest player in Singapore, has raised sticker prices by between $10,000 and $15,500. A Toyota … more

WHO would you trust more? A fireman, or a real estate agent?
Thought so.
So did 760 Singapore residents who took part in an online poll conducted by Reader’s Digest magazine on the most trusted professionals in the country.
Conducted last October, the poll gave them two lists of 55 individuals and 40 professions and asked them to rate their trustworthiness on a scale of one to 10.
The results show… more

A PROPOSAL to ban property agents from representing both the seller and buyer in the same transaction has generated strong public interest – with many giving the idea the thumbs up.
This practice, widespread in the HDB resale market, leaves the agent with a clear conflict of interest.
But there is likely to be resistance from some agents who stand to lose commissions if it is implemented.

The pr… more

AP – In the first paragraph of an Aug. 10 story about a mortgage fraud trial, The Associated Press reported that real estate agent Joseph Babajian was acquitted in the scheme, while two others were found guilty. The paragraph should have noted that Babajian was acquitted only of several charges.

AP – A high-profile Beverly Hills real estate agent has been acquitted of participating in a massive mortgage fraud scheme that caused federally insured banks to lose more than $40 million.