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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

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Ismail Gafoor, CEO of Propnex, Singapore’s largest property agency, which has rolled out a S$30 million plan to help its 8,500 agents. The company is also passing on S$100,000 worth of government rental rebates to its agents.

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...

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