Posts Tagged ‘seller’
Thumbs up for ending estate agents dual role
November 26th, 2009 | 
Author: 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
Posted in Singapore Financial News | 
Tags: agent, buyer, commissions, conflict, conflict of interest, giving, HDB, hdb resale, idea, interest, market, practice, property, proposal, public interest, resale, resale market, resistance, seller, transaction | 
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Move to ban one agent for buyer and seller under study
THE Government is contemplating a move to ban property agents from engaging in the widespread practice of representing both the seller and buyer of an HDB flat in the same transaction.
The idea is set to get the thumbs up from home buyers and sellers, but could leave some agents unhappy at a potential loss of commission income.
The proposal was released yesterday by the Ministry of National Develo… more
Posted in Singapore Financial News |
Tags: buyer, buyers and sellers, Commission, commission income, Develo, government, HDB, hdb flat, home, home buyers, idea, income, loss, Ministry, move, National, practice, property, proposal, seller, transaction, yesterday |
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Property investors still jittery about tax policy
In the recent property boom that ended last year, MrLee (not his real name), a vice-president in a company here, sold three properties within a year.
Tax on property gains: Up to Iras to decide
Whether or not a property seller is taxed on his profits is ultimately up to Iras.
The tax agency does not requir… more
Posted in Singapore Financial News |
Tags: agency, boom, company, IRAS, MrLee, name, profits, property, property boom, property gains, requir, seller, tax, vice-president, year |
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Crabtree & Evelyn files for Chapter 11 protection
Soap and lotion seller Crabtree & Evelyn Ltd. says it filed for Chapter 11 protection on Wednesday, a victim of the recession and management missteps.
Posted in Uncategorized |
Tags: Chapter, chapter 11, Crabtree, Evelyn, lotion, Ltd, management, protection, recession, seller, Soap, victim, Wednesday |
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