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Hi I am selling my two properties at now. Due to I am first time going through sub sale, I wonder if customer pay 10% deposit is directly goes under owner's account, or it will be required to hold by lawyer, until the whole name conversion process are being settled?
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6 Answers

1) when buyer buy your house they will pay 2% to 3% to real estate company (dependent on whats your agreed commission with them) the balance of 7% will be paid upon signing of snp and lawyer will pay you after cheque is clear.You can contact me at 0123033788  elvie ho.I am from reapfield property.I will be glad to offer my service to you to market your property. Read More
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3.18% as booking hold under agnecy as stakeholder and balace 6.82 % will be paid as balance of downpayment upon signing the snp. May i kno where are the properties you are goin to sell? kindly contact 016-6118740  for enquiries Thanks Read More
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Jaleela Banu Ahmad
Hi Sir, I am JB from Vivahomes. If you are selling your units through an agent, then a 3% deposit is collected issued under the real estate agency to be held as stakeholder untl s&p. The balance 7% is after the s&p sign off and stamping, If it a direct purchase from you then 3% to be issued under the selected lawyer company, which will then be transffered upon s&p stamping. Hope it clarifies. Feel free to call me at 0122277730  Read More
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Wong Ye Lien PhD
Hi under our Huttons format:- 1. 3% earnest deposit in the name of Huttons 2. 7% to the seller during the S & P agreement at Buyer's Lawyer 3. 90 % to the seller after 3+1 months 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
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In a nutshell... The buyer pays 3% booking fee to the real estate agency. Money is kept in trust in the client account. This money is released (less professional fees) to the seller upon signing the Sale & Purchase Agreeement. Balance 7% is paid to the seller upon signing the S&P. The above is the norm but the money can be kept in trust with the real estate agency and the lawyer longer if there are additional conditions to fulfill. -Tango Balraj (REN02225) Richland Properties Read More
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Hello. Property agent and lawyer act as the stakeholder to protect the seller and the buyer. The 3% & 7% or 10% is hold by property agent or lawyer and lawyer will release the balance amounts to seller (after deducted all the fees) once both seller & purchaser have signed SPA. Read More
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