SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
This is the 5th year SEAA has actually planned this honor activity, and the event was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
A sum of 625 regional realty agents obtained the Singapore Estate Agents Association (SEAA) SG Real Property Agents Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
In his keynote, Minister Faishal says that customers trust representatives to help them browse a significantly complex real estate landscape and to take in their best interests. “As counted on specialists in your industry, you play an important duty in guiding your clients find out their house possession goals, however also to safeguard their investment interests,” he claims.
He also urged representatives to speak up against errant representatives who put up listings with deceptive advertisements or online discourses that contain falsehoods. “They disrupt the marketplace and break the honest conduct and professionalism anticipated of every realty agent. Making, participating in or marketing such techniques severely threatens the reputation and trust that the property sector has carefully developed in time,” he states.
Adam Wang, head of state of SEAA, noted in his speech that there has actually been a noteworthy rise in companies participating in the awards this year, with the number of qualified applications for 2024 at over 600 awardees. “This is a proof to the authority and expertise that these awards offer their service in the real estate sector.”
“The awards build consumer faith and help representatives gain a favorable image by maintaining high requirements of ethical conduct. This attracts integrity-focused clients and elevates overall representative benchmarks,” states Wang.
The first session in the afternoon saw agents securing the Salesperson Achievement Award for the Silver and Gold classifications. The night-time service presented private and multi-award receivers for the Salesperson Achievement Award in the Platinum and Diamond groups.
At the same time, the Seniors Achievers Honor acknowledged representatives who are 60 years old and above and made at least $100,000 for the whole of past year.
The organization likewise continuously reviews and updates its Continuing Professional Development training courses in accordance to market requirements. “SEAA remains fully commited to equipping our members with the latest technology tools and expertise, enabling them to remain at the lead of the sector and grow in any market issues,” states Wang.
Latest campaigns by SEAA, such as memorandum of understanding on ideal practices overview on co-broking compensation, showcase its initiatives to sustain realty agents in Singapore. The co-broking best method overview supporters representatives to gather payment from the party they represent and to consent to all payment totally free arrangements prior to any interaction with customers.
Some other awards were the Outstanding Youths Grant for reps aged 28 years and below, who got home a total commission of a minimum of $120,000 in 2023, in addition to the Rookies Award for brand-new agents that have actually shown exemplary profits and rental purchases productivity of at the very least $80,000 in just 18 months in the industry.
The awards ceremony was hosted in two sessions. It viewed award-winning agents clinch honors throughout 4 categories.
