SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
The latest campaigns by SEAA, for example, memorandum of understanding on finest practices overview on co-broking compensation, display its initiatives to sustain property representatives in Singapore. The co-broking top practice overview advocates representatives to collect commission from the gathering they represent and to accept all commission free setups prior to any type of interaction with clients.
An overall of 625 local real estate agents got the Singapore Estate Agents Association (SEAA) SG Realty Representatives Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
“The awards build consumer confidence and really help representatives obtain a favorable image by maintaining high criteria of ethical conduct. This attracts integrity-focused customers and boosts general agent standards,” claims Wang.
Other awards were the Outstanding Youths Award for reps aged 28 years and beneath, who brought home a total payment of a minimum of $120,000 in 2023, as well as the Rookies Award for new agents who have shown excellent sales and rental purchases productivity of a minimum of $80,000 within 18 months in the sector.
At the same time, the Seniors Achievers Award recognised agents who are 60 years old and above and made a minimum of $100,000 for the whole of last year.
Adam Wang, head of state of SEAA, noted in his address that there has been a remarkable increase in firms participating in the grants this year, with the number of qualified applications for 2024 at over 600 awardees. “This is a proof to the trustworthiness and reliability that these awards offer their job in the real estate market.”
The grants event was held in two sessions. It saw award-winning professionals clinch honors across four categories.
This is the 5th year SEAA has set up this award event, and the ceremony was decorated by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
The association likewise constantly reviews and updates its Continuing Professional Development programs in accordance to market demands. “SEAA stays committed to equipping our participants with the most recent modern technology tools and understanding, enabling them to stay at the front of the industry and grow in any type of market conditions,” says Wang.
In his keynote, Minister Faishal claims that buyers trust professionals to assist them browse a considerably complex realty landscape and to consume their best interests. “As trusted experts in your sector, you play a crucial role in guiding your clients realise their house possession aspirations, however also to safeguard their investment interests,” he claims.
The 1st session in the afternoon saw agents clinching the Salesperson Achievement Award for the Silver and Gold categories. The evening ceremony showed private and multi-award beneficiaries for the Salesperson Achievement Award in the Platinum and Diamond groups.
He even prompted agents to speak up against errant agents that created listings with deceptive advertisements or internet discourses that contain fallacies. “They interfere with the marketplace and break the moral conduct and expertise expected of every realty agent. Producing, participating in or promoting such techniques severely threatens the credibility and believe in that the property sector has painstakingly built up with time,” he claims.
