SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
An overall of 625 regional property brokers got the Singapore Estate Agents Association (SEAA) SG Realty Agents Excellence Awards 2024, which was held up at Marina Bay Sands on Aug 16.
“The honors develop consumer trust and assist representatives acquire a positive appearance by maintaining high standards of ethical conduct. This draws in integrity-focused clients and elevates total agent measures,” states Wang.
Many other awards were the Exceptional Youths Grant for agents aged 28 years and beneath, who took home a total compensation of a minimum of $120,000 in 2023, in addition to the Rookies Award for new agents who have actually shown excellent sales and rental deals operation of a minimum of $80,000 in just 18 months in the sector.
Pinetree Hill showflat location
This is the 5th year SEAA has organised this award occasion, and the event was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
At the same time, the Seniors Achievers Award identified representatives who are 60 years old and above and made approximately $100,000 for the whole of past year.
In his keynote, Minister Faishal claims that customers seek to professionals to guide them navigate an increasingly complex property landscape and to consume their best interests. “As trusted specialists in your industry, you play an essential duty in supporting your customers find out their home possession aspirations, however also to secure their economic interests,” he states.
Adam Wang, president of SEAA, noted in his speech that there has actually been a significant increase in firms joining the grants this year, with the amount of qualified applications for 2024 at over 600 awardees. “This is a proof to the authority and expertise that these accolades bring to their service in the real estate industry.”
The grants function was hosted in 2 sessions. It saw award-winning representatives secure honors throughout 4 classifications.
The latest campaigns by SEAA, like memorandum of understanding on best practices guide on co-broking compensation, showcase its efforts to support real estate agents in Singapore. The co-broking top practice guide advocates agents to accumulate commission from the gathering they represent and to agree to all payment totally free setups before any kind of involvement with customers.
The very first session in the afternoon saw agents clinching the Salesperson Achievement Award for the Silver and Gold classifications. The night ceremony presented individual and multi-award receivers for the Salesperson Achievement Award in the Platinum and Diamond classifications.
He even advised agents to speak up versus unreliable representatives that created listings with deceptive advertisements or online commentaries that contain fallacies. “They disrupt the market and violate the ethical conduct and professionalism anticipated of every real estate representative. Making, participating in or promoting such techniques severely undermines the credibility and believe in that the property sector has actually painstakingly built up gradually,” he states.
The association also continuously reviews and updates its Continuing Professional Development courses in accordance to market requirements. “SEAA continues to be fully commited to equipping our participants with the latest modern technology tools and understanding, enabling them to stay at the front of the industry and prosper in any type of market conditions,” claims Wang.
