SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
Adam Wang, head of state of SEAA, noted in his speech that there has been a notable boost in companies participating in the awards this year, with the range of qualified applications for 2024 at over 600 recipients. “This is a proof to the reputation and reliability that these honors offer their job in the realty field.”
A total of 625 local real estate brokers received the Singapore Estate Agents Association (SEAA) SG Real Property Professionals Excellence Awards 2024, which was held at Marina Bay Sands on Aug 16.
This is the fifth year SEAA has arranged 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.
The grants ceremony was hosted in two programs. It found award-winning professionals secure honors throughout four classifications.
Meanwhile, the Seniors Achievers Award recognised agents that are 60 years of ages and above and earned a minimum of $100,000 for the entire of past year.
He also advised representatives to speak up versus errant representatives that set up listings with misleading ads or online commentaries that contain falsehoods. “They disrupt the marketplace and go against the honest conduct and reliability anticipated of every real estate representative. Making, participating in or promoting such techniques severely undermines the reputation and trust that the property market has actually painstakingly developed with time,” he claims.
“The honors develop customer confidence and help representatives gain a favorable image by preserving high standards of ethical conduct. This draws in integrity-focused customers and elevates total agent requirements,” states Wang.
In his speech, Minister Faishal states that buyers trust representatives to guide them navigate an increasingly complex real estate landscape and to consume their best interests. “As entrusted professionals in your sector, you play an essential function in supporting your customers know their house ownership aspirations, however also to protect their economic interests,” he says.
Recent efforts by SEAA, such as memorandum of understanding on finest practices overview on co-broking commission, display its efforts to sustain real estate agents in Singapore. The co-broking best technique guide advocates representatives to collect payment from the gathering they represent and to accept all payment totally free arrangements before any type of interaction with customers.
The organization additionally continually reviews and updates its Continuing Professional Development programs in accordance to market needs. “SEAA continues to be dedicated to equipping our participants with the most recent technology tools and expertise, allowing them to remain at the forefront of the sector and thrive in any kind of market issues,” says Wang.
Some other awards were the Impressive Youths Grant for agents aged 28 years and beneath, who brought home a gross commission of at the very least $120,000 in 2023, as well as the Rookies Award for new agents that have demonstrated excellent profits and rental deals performance of at least $80,000 just within 18 months in the business.
The very first session in the afternoon saw agents clinching the Salesperson Achievement Award for the Silver and Gold categories. The evening event showed personal and multi-award recipients for the Salesperson Achievement Award in the Platinum and Diamond groups.
