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dear sir, yes it is a standard practice to pay the agency fees upon signing the S&P. the deposit should be kept in the agency's client until the S&P is signed. in the event if the case is aborted, depending on the reason, the deposit will be forfeited or refunded to the purchaser. deposit do not go to the seller. Read More

the standard practice by the BOARD... seller pay agents commission.... which also will be the earnest deposit from the buyer.... either 2% - 3% to be collected upon booking from buyer.... this amount must be kept by real estate agent firm as stakeholder.... seller have no right to keep this money simply because the house is not completely transfer yet.... seller have no right (to avoid such cases like house cannot be transfered but seller use money already)...... if buyer fail to proceed due to any circumstances then the earnest deposit to be shared with seller and agent Read More

In Huttons, we practise this way. You can go through Hutton's format. Example:- House sold at rm1.1 Buyer will pay:- 1. 3% earnest deposit to Hutton's OneWorld 2. 7%. After 14 working days, buyer will pay to seller during S&P at lawyer's office 3. 90 % after 3+1 months . Any lapse, buyer to compensate 8% daily rest ***************************************************************************************** PROPERTIES I am a professional in Malaysia real estate, and I can help you to choose the "right" property in Malaysia - whether you are an experienced investor, a first time buyer or a foreigner looking to move into Malaysia. My services cover you through the whole process - finding the property, negotiating the best price, making an offer and closing the deal. I am here to help you in everything to make the best real estate decision in your life. As an experienced real estate specialist, I can help you in your property needs in Malaysia - whether you're planning to sell/let or buy/rent. Just get in touch with me regarding “”” sell/let or buy/rent” or becoming an introducer and I will get back to you as soon as possible. **************************************************************************************** Dr Patricia Wong Ye Lien PhD  Real Estate Negotiator (REN02521) website: www.drwongproperty.com    website :  http://www.mudah.my/drwongphd-huttons1world Email :   drwongottiehaepo@gmail.com   prefer whats app:- +60193806186 **************************************************************************************** Read More