SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
The association additionally continually reviews and updates its Continuing Professional Development programs in accordance to market demands. “SEAA remains committed to equipping our participants with the most recent technology tools and understanding, enabling them to stay at the forefront of the market and thrive in any kind of market situations,” claims Wang.
This is the fifth year SEAA has set up this honor event, and the event was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
He additionally prompted agents to speak up against unreliable representatives that put up listings with deceptive promotions or online commentaries which contain frauds. “They interfere with the marketplace and go against the honest conduct and professionalism expected of every realty agent. Making, taking part in or marketing such practices severely weakens the track record and trust that the realty sector has painstakingly built up gradually,” he says.
Adam Wang, head of state of SEAA, observed in his address that there has actually been a notable rise in agencies joining the awards this year, with the number of qualified applications for 2024 at over 600 recipients. “This is a proof to the authority and professionalism that these distinctions offer their work in the property industry.”
The awards ceremony was hosted in 2 sessions. It viewed award-winning professionals clinch awards throughout four groups.
“The awards develop consumer confidence and assist agents obtain a favorable appearance by maintaining high requirements of ethical conduct. This brings in integrity-focused clients and raises general representative standards,” says Wang.
Meanwhile, the Seniors Achievers Award recognised agents that are 60 years old and above and earned a minimum of $100,000 for the entire of previous year.
Other honors were the Exceptional Youths Award for agents aged 28 years and below, who took home a total payment of at the very least $120,000 in 2023, as well as the Rookies Award for brand-new agents that have actually shown excellent profits and rental transactions productivity of at least $80,000 in just 18 months in the industry.
In his speech, Minister Faishal states that buyers trust representatives to help them browse an increasingly complex real estate landscape and to consume their benefits. “As counted on experts in your market, you play an essential function in guiding your clients find out their home ownership goals, but also to safeguard their economic interests,” he says.
The first session in the afternoon saw agents clinching the Salesperson Achievement Honor for the Silver and Gold categories. The evening service presented personal and multi-award receivers for the Salesperson Achievement Award in the Platinum and Diamond classifications.
The latest campaigns by SEAA, such as memorandum of understanding on ideal practices guide on co-broking compensation, showcase its initiatives to support property agents in Singapore. The co-broking top practice guide supporters agents to accumulate payment from the party they represent and to accept all commission totally free plans before any type of engagement with customers.
A sum of 625 local property representatives obtained the Singapore Estate Agents Association (SEAA) SG Real Estate Brokers Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
