SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
The grants event was hosted in two programs. It saw award-winning professionals secure honors throughout four classifications.
In his address, Minister Faishal says that customers look to agents to assist them navigate a considerably complex real estate landscape and to take in their benefits. “As trusted specialists in your sector, you play a crucial function in helping your prospects know their house ownership aspirations, but also to protect their financial interests,” he claims.
An overall of 625 regional realty brokers obtained the Singapore Estate Agents Association (SEAA) SG Realty Representatives Excellence Awards 2024, which was held up at Marina Bay Sands on Aug 16.
He also advised representatives to speak out versus errant representatives who created listings with deceptive promotions or online commentaries which contain fallacies. “They interrupt the marketplace and break the moral conduct and professionalism expected of every realty agent. Creating, taking part in or promoting such practices severely undermines the track record and trust that the real estate market has carefully built up gradually,” he states.
The association likewise continuously reviews and updates its Continuing Professional Development training courses in accordance to market demands. “SEAA remains fully commited to equipping our participants with the current modern technology tools and expertise, enabling them to stay at the leading edge of the industry and flourish in any market issues,” says Wang.
Adam Wang, president of SEAA, noted in his address that there has been a notable increase in companies joining the grants this year, with the range of certified applications for 2024 at over 600 awardees. “This is a testimony to the integrity and expertise that these honors bring to their job in the real estate field.”
Union Square Residences City Development Limited
This is the fifth year SEAA has actually organised this honor occasion, and the event was decorated by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
Recent campaigns by SEAA, like memorandum of understanding on best practices guide on co-broking commission, showcase its initiatives to sustain realty agents in Singapore. The co-broking best method overview supporters agents to gather compensation from the party they represent and to agree to all compensation free setups before any type of interaction with clients.
The 1st session in the afternoon saw representatives securing the Sales rep Achievement Honor for the Silver and Gold classifications. The night ceremony presented personal and multi-award recipients for the Salesperson Achievement Award in the Platinum and Diamond groups.
At the same time, the Seniors Achievers Award identified agents that are 60 years old and above and earned a minimum of $100,000 for the whole of past year.
“The awards build consumer confidence and assist representatives get a positive reputation by maintaining high standards of ethical conduct. This attracts integrity-focused customers and boosts overall representative standards,” says Wang.
Many other honors were the Excellent Youths Award for reps aged 28 years and beneath, who took home a total commission of at the very least $120,000 in 2023, as well as the Rookies Award for brand-new agents who have actually demonstrated excellent sales and rental transactions productivity of at the very least $80,000 in just 18 months in the market.
