SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
A total of 625 regional property representatives received the Singapore Estate Agents Association (SEAA) SG Real Estate Agents Excellence Awards 2024, which was held at Marina Bay Sands on Aug 16.
This is the 5th year SEAA has actually planned this award activity, and the event was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
“The honors set up consumer trust and assist agents gain a favorable reputation by keeping high requirements of ethical conduct. This draws in integrity-focused clients and elevates general agent measures,” states Wang.
Other awards were the Excellent Youths Grant for reps aged 28 years and beneath, who brought home a total commission of a minimum of $120,000 in 2023, in addition to the Rookies Award for new representatives that have actually demonstrated exemplary profits and rental deals productivity of a minimum of $80,000 just within 18 months in the industry.
At the same time, the Seniors Achievers Honor recognised representatives that are 60 years of ages and above and earned a minimum of $100,000 for the whole of previous year.
The very first session in the afternoon saw agents securing the Sales rep Achievement Award for the Silver and Gold classifications. The evening ceremony provided personal and multi-award receivers for the Salesperson Achievement Award in the Platinum and Diamond groups.
The awards event was held in two sessions. It viewed award-winning agents clinch awards across 4 categories.
In his address, Minister Faishal states that clients look to representatives to assist them get through a significantly complex realty landscape and to consume their benefits. “As counted on specialists in your industry, you play a crucial function in guiding your customers understand their home ownership aspirations, however also to secure their economic interests,” he says.
Recent initiatives by SEAA, for example, memorandum of understanding on finest practices guide on co-broking commission, display its initiatives to support real estate representatives in Singapore. The co-broking best method overview supporters representatives to gather compensation from the event they represent and to accept all payment free plans before any kind of involvement with clients.
Adam Wang, president of SEAA, observed in his address that there has actually been a significant increase in agencies taking part in the grants this year, with the range of qualified applications for 2024 at over 600 awardees. “This is a testament to the trustworthiness and expertise that these awards offer their job in the real estate market.”
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He also prompted agents to speak out against unreliable agents that created listings with deceptive promotions or internet discourses which contain frauds. “They interfere with the market and violate the ethical conduct and expertise expected of every realty representative. Producing, engaging in or marketing such methods severely weakens the reputation and trust that the real estate market has actually painstakingly accumulated with time,” he claims.
The association also continuously reviews and updates its Continuing Professional Development courses in accordance to market demands. “SEAA continues to be dedicated to equipping our members with the current technology tools and understanding, enabling them to remain at the front of the market and grow in any kind of market conditions,” states Wang.
