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Right, looking for some thoughts here from those who know.
The real estate agent picked us up on Saturday morning and we viewed NINE properties in arouond two and a half hours. Not bad going considering she kept missing turnings!
Whilst this was going on, a thought struck me as she was talking about negotiating rents. The system, as outlined earlier by Diz is that you pay your agent a commission of 1 months rent for a 1 year lease and 2 months for two years. The owner pays the same to his agent.
This begs the question of where is the incentive for my agent to negotiate me the best price? It seems to me that the more rent I pay, the better she does. To counter this, I'm thinking of offering either a fixed price or a sort of reverse commission, where the better she does for me, the more I pay her. Has anyone else tried this approach in Singapore, or anywhere else for that matter. And has it been successful?
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