Which Direction Will Property Prices Go ?

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spcs2020

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rlskyline said:
ah ok. then why aren't they switching to other jobs instead of struggling?
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Sometimes difficult to switch jobs or industry due to fear, and perhaps mid-age. It takes great courage to abandon what you have and try the unchartered waters.

Also, they probably see the top agents doing extremely well and easily earn 300K to millions a year. So at the back of their mind, they are thinking maybe they try harder for a few years, maybe they can earn that as well.

And after a few years, the same story repeats.

Of course, some still prefer being agents as they feel they have better control of their time and can manage the family anytime, instead of 9-5 work
 
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1993newbie

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HDB resale prices rise for 4th month in October; 13 million-dollar flats sold: SRX

“Overall prices for HDB resale flats increased by 1.2 per cent in October compared to September”
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https://www.srx.com.sg/singapore-pr...ZJZNznsgTezviBhelRXxwQD5vNuL3o0gLedDCkhMaho6o
 
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WC32890

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lowzeewee said:
Of course, some will point out that not all the 30,000+ agents are active or full-time. Even if we assume one-third of them are active and sell one $1.5 million condo a year, that's only $30,000+ a year. This excludes all the fuel expense they incur to go around, the advertising fees they pay to sites such as Propertyguru, as well as their agency's share of fees.

To supplement this, the typical agent will handle rental and HDB transactions too.
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The problem with alot of agent that failed is because they treat it like a job instead of a business. Most new agent think its a job where there is someone to "guide" them and tell them what to do. They don't have a business plan, don't make budgets and don't put in the hours of hardwork like entrepenuers do. They don't want to spend the money on advertising and marketing or spend money on the wrong advertisement/marketing strategy. They think of the pay and not the expenses.
And then they give up too easily.
 
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spcs2020

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WC32890 said:
The problem with alot of agent that failed is because they treat it like a job instead of a business. Most new agent think its a job where there is someone to "guide" them and tell them what to do. They don't have a business plan, don't make budgets and don't put in the hours of hardwork like entrepenuers do. They don't want to spend the money on advertising and marketing or spend money on the wrong advertisement/marketing strategy. They think of the pay and not the expenses.
And then they give up too easily.
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Sometimes, agents need to be street smart as well. For instance, 5 years ago, when I wanted to buy a new launch in the prime district but the agents attended to me kind of look down on me, as I didn't drive and need to walk all under the hot sun to the sales gallery. They think I cannot afford it.

One agent came to approach me instead as he felt I look and talk like a professional and maybe can afford it. In the end, he clinched the deal
 
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rlskyline

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spcs2020 said:
Sometimes, agents need to be street smart as well. For instance, 5 years ago, when I wanted to buy a new launch in the prime district but the agents attended to me kind of look down on me, as I didn't drive and need to walk all under the hot sun to the sales gallery. They think I cannot afford it.

One agent came to approach me instead as he felt I look and talk like a professional and maybe can afford it. In the end, he clinched the deal
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yeah. not necessary dress in Bermudas and slippers can't afford
 
wetdreamx

wetdreamx

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WC32890 said:
The problem with alot of agent that failed is because they treat it like a job instead of a business. Most new agent think its a job where there is someone to "guide" them and tell them what to do. They don't have a business plan, don't make budgets and don't put in the hours of hardwork like entrepenuers do. They don't want to spend the money on advertising and marketing or spend money on the wrong advertisement/marketing strategy. They think of the pay and not the expenses.
And then they give up too easily.
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Exactly, but property price still going Up!
 
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Laneige

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spcs2020 said:
Sometimes, agents need to be street smart as well. For instance, 5 years ago, when I wanted to buy a new launch in the prime district but the agents attended to me kind of look down on me, as I didn't drive and need to walk all under the hot sun to the sales gallery. They think I cannot afford it.

One agent came to approach me instead as he felt I look and talk like a professional and maybe can afford it. In the end, he clinched the deal
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Means still see if u going to buy or not instead of really ‘helping u’ ard etc lo.... no services except commission for walk in?
 
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