Real estate agencies rolling out commission advance packages
Agents can be paid a portion of their commission earlier; they also get training subsidies, discounts on office rent
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
REAL estate agencies are rolling out support packages to their salespeople to tide them over the mandated one-month stoppage due to Covid-19.
The five largest property agencies which account for the lion's share of the 30,000 agents in Singapore say their help includes commission advances, waiving fees as well as paying for professional courses agents have to attend to stay licensed.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts