I faced problem when selling my unit recently when I worried that our agent is not telling us all the offers made especially when some house viewers look very interested but we didnt hear from our agent on any offers. Unfortunately these were from other agents co-broking. I will think its their benefit (and human nature) for agents to push for their direct buyers rather than co-broke even though the co-broke may offer higher for seller but will cut half their commission, and its very difficult for us sellers to know. My relative told me about this new service which interestingly provide a independent (and free) way to get rid of this problem. Think the whole idea is to allow buyer/seller to commmunicate while u can still work with your agents. This prevent the agent from 'hiding' any offers to the buyer or seller. The site can be found at: http://www.nextdistrict.com
The agents might not be happy but at least we have a fair way for everyone. BTW i tried and managed to get a co-broke deal at the highest price. Hope it'll help others in my same situation.
Unfortunately its only for Condos (at least for now...)
Anyone facing this kind of same problem?
yup, all the talking is done by the agents. BTW i saw the site and it mention its a kind of a 'closed auction'? So basically instead of relying on the agents you can do the negotiation through this service?
I believe the agents might not be very willing to go with this as you might just 'cut' them out in the process? But if they do they will be very honest :)
You can find thousands of singapore properties now at www.nextdistrict.com. Agents / Users signing up with NextDistrict will be assured that all buyer/seller information is passed directly and transparently. Do try out this service today.
yr agent is too greedy and not ethical. plus agent should keep u update on his marketing activities he/she is doing for your property. but in any case many agents are already of these website and had many good leads and listings from it..