SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards

A total of 625 regional realty representatives got the Singapore Estate Agents Association (SEAA) SG Realty Agents Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.

The very first session in the afternoon saw agents securing the Sales rep Achievement Award for the Silver and Gold groups. The evening ceremony presented private and multi-award beneficiaries for the Salesperson Achievement Award in the Platinum and Diamond groups.

In his keynote, Minister Faishal states that clients seek to professionals to help them browse an increasingly complicated realty landscape and to absorb their benefits. “As trusted professionals in your industry, you play an essential role in supporting your clients understand their home possession goals, but also to safeguard their economic interests,” he states.

He additionally prompted representatives to speak up against unreliable agents that set up listings with misleading ads or internet commentaries which contain falsehoods. “They interrupt the market and violate the moral conduct and expertise expected of every realty representative. Creating, engaging in or marketing such methods severely weakens the track record and trust that the realty market has actually carefully accumulated with time,” he states.

Adam Wang, head of state of SEAA, noted in his speech that there has actually been a notable increase in firms participating in the grants this year, with the number of certified applications for 2024 at over 600 recipients. “This is a proof to the trustworthiness and reliability that these distinctions give their job in the realty industry.”

“The awards set up consumer faith and help agents acquire a positive appearance by preserving high criteria of ethical conduct. This brings in integrity-focused clients and elevates total agent benchmarks,” states Wang.

This is the 5th year SEAA has actually planned this honor occasion, and the ceremony was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.

The honors function was held in two programs. It saw award-winning agents secure awards throughout four classifications.

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The association additionally continually reviews and updates its Continuing Professional Development courses in accordance to market requirements. “SEAA continues to be fully commited to equipping our members with the current technology tools and knowledge, allowing them to remain at the leading edge of the sector and flourish in any market conditions,” says Wang.

Meanwhile, the Seniors Achievers Honor identified representatives that are 60 years of ages and above and made approximately $100,000 for the entire of past year.

Other awards were the Excellent Youths Award for agents aged 28 years and beneath, who took home a total commission of at least $120,000 in 2023, as well as the Rookies Award for new representatives that have demonstrated exemplary sales and rental deals productivity of a minimum of $80,000 within 18 months in the sector.

Recent efforts by SEAA, such as memorandum of understanding on finest practices guide on co-broking compensation, showcase its initiatives to sustain real estate agents in Singapore. The co-broking top technique overview advocates agents to collect payment from the event they represent and to accept all payment totally free plans before any kind of involvement with clients.


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