Singapore property market had a spike in real estate launches at the beginning of this year. New property developments are set to launch until the end of 2019. With these projects, investors and developers can gauge that the market is performing better than last year.
Real estate investors approve agents’ insight
According to a recent news report, property agents are back in demand because of the 10 percent jump in consumers engagement poll. From 60 percent in 2015 to 72 percent this year, consumers are more likely to engage in future property transactions.
In this digital era, facts and information can be searched instantly. It also ensures a seamless communication between two parties.
Due to this tech evolution, The Council for Estate Agencies launched The Real Estate Industry Transformation Map (ITM) to strengthen and to establish a future-ready workforce. Besides, the group also intend to provide a convenient and reliable service to consumers.
Changes in career development and framework will require agents to take 6 credits per year to renew their estate agent license. Credits include communication and digital literacy skills.
In fact, The Minister of State for National Development, Zaqy Mohamad, stated that digitalization will free property agents and property buyers from time-consuming appointments. In the same way, agents will get the opportunity to provide value added service to consumers.
Reach out and build connections
Do not hesitate to ask. Interact with real estate agents since they are in-depth knowledge of the property market – taxes, mortgage, contracts, and other deeds.
Talk to property consultants across Asia! Before you settle, feel free to send in an enquiry to know more about the new developments in Singapore, Thailand, Malaysia, Hong Kong, Indonesia, Philippines, Vietnam, and Cambodia.
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