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Total Realty head of marketing Dr. Kho Chng Guan answers readers’ queries regarding issues concerning real estate agents.
Q 1: How to know if an agent is licensed?
A 1: First of all, when you buy a property, always remember to buy it from a licensed agent. They will always carry a red tag. You can go to BOVEAP website and key in the number on the tag as well as the name of the agent to check if the agent is registered or not.
Q 2: Why do you think it is important for the buyers to know whether or not they are buying from a licensed agent?
A 2: Licensed agents will protect the buyer’s interest. If they come across any issues pertaining to buyers’ interests, they can always make a complaint to the agency. Real estate agents play an important role to protect both parties’ interests and to make sure the whole process is seamless.
All data and information provided are for informational purposes only. All information is provided on an as-is basis. All users are strongly encouraged to seek professional advice before relying on any data or information provided.
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