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Property Agents

Asked by Mr. MK Tan 12 Feb 2014

When do we release the 2% sales commission to the agent? After signing of S&P or after full settlement by the buyer?

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Khairil Anwar Sirajudin · Answer 1 · 2014-03-16T00:59:26+08:00

Khairil Anwar Sirajudin

Replied 16 Mar 2014

Dear Mr Tan, Agent will collect 2% earnest on behalf of real estate agency as stakeholder upon purchaser sign offer letter with agent. Upon sigining S&P in within 14 or 21 days, purchaser pay 8% to lawyer/vendor. After S&P is stamped, then only agent can make their claims from agency... TQ Khairil - 013-3393009 - www.kasrealty88.com Read More

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