HSR's 100% commission scheme raises eyebrows

IN a sign of how property agencies are going all out to stimulate sales activity in the subdued Singapore residential market, HSR International Realtors has come up with a 100 per cent commission scheme for agents and touted it as a "game changer".

But the new scheme, which becomes effective from January next year, already has its detractors.

Industry players noted that such a scheme has been introduced before by other smaller agencies but without success. Hence bigger agencies are unlikely to follow suit.