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Thread: Property agents can earn as much as a cabinet minister

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    Senior Member UncleFai's Avatar
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    Default Property agents can earn as much as a cabinet minister


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    Default Re: Property agents can earn as much as a cabinet minister

    so let's all become property agents!

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    Senior Member UncleFai's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by kei1309 View Post
    so let's all become property agents!
    That should solve all our income inequality issues and lift the nation into glorious economic paradise. Imagine... everyone a millionaire! Shiok!

  4. #4

    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by UncleFai View Post
    That should solve all our income inequality issues and lift the nation into glorious economic paradise. Imagine... everyone a millionaire! Shiok!


    Chairman Mao Approves

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    Default Re: Property agents can earn as much as a cabinet minister

    No wounder PM Lee wants to be property agent also
    I get paid more shooting part time ...... damn, I should find more time to shoot part time

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    Senior Member Sion's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by UncleFai View Post
    Property agents can earn as much as a cabinet minister.
    Bank robbers don't do too bad either although there is a risk of free board and food in a cell.

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    Moderator Octarine's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by UncleFai View Post
    Property agents can earn as much as a cabinet minister
    Well.. a minister does get the money, whereas a property agent only can earn, if he's good.
    But then, what's the value that a property agent delivers that would justify such a salary?
    EOS

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    Default Re: Property agents can earn as much as a cabinet minister

    Meaningless article. Just a splash ad for a stupid kid who does not know that this is bad-press for him. Property got ups and downs. There will be lean times. There is no way to match Cabinet Minister's earning. Not to mention the gap in prestige between the two.
    Some real estate agents have low status in SG society.
    Last edited by ricohflex; 28th August 2013 at 09:50 PM.

  9. #9

    Default Re: Property agents can earn as much as a cabinet minister

    What amuses me is that the pay of a Cabinet Minister is used as a benchmark! Hahaha!!
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  10. #10

    Default Re: Property agents can earn as much as a cabinet minister

    In every sales job, there are successful ones or the elists. For example, insurance agents, dealers, making millions of dollar, etc. The usual 80/20 ratio.

    Therefore, there is nothing to be surprised that some property agent makes millions. I personally know one property agent made $500,000 as commission for an enbloc sale. Just one deal, he can actually choose to close shop for a year or 2 but he continues his job daily.

    Of course, one would say that such commission generated is not consistent, etc. Yes, you are right. Some months, you close no sale, while some months you can close high sales.

    Comparing to minister's salary is relatively because the latter is on payroll + bonuses (variables) which are falrly consistent.

    Therefore, you can only say that you can make millions just like a pay of a minister but is definitely not consistent on the monthly basis.

  11. #11

    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Octarine View Post
    Well.. a minister does get the money, whereas a property agent only can earn, if he's good.
    But then, what's the value that a property agent delivers that would justify such a salary?
    A successful property agent helps his clients to make money. That's the main value.

  12. #12
    Moderator Octarine's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Jedi View Post
    A successful property agent helps his clients to make money. That's the main value.
    Please elaborate further. I haven't seen any housing agent that would help increasing my salary.
    And looking at where the agent gets his money from .. I seriously doubt such selfless proclamations (are you working in the marketing department of some property agency?).
    EOS

  13. #13

    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Octarine View Post
    Please elaborate further. I haven't seen any housing agent that would help increasing my salary.
    And looking at where the agent gets his money from .. I seriously doubt such selfless proclamations (are you working in the marketing department of some property agency?).
    What are talking about? How does a property agent help you in your salary? It has no relationship at all. Please read my post carefully. I am replying to your question on how does a property agent justify his commission or the value that you can obtain by engaging his service? So my answer is - a property agent helps his clients to make money from property transactions, that's the primary value that you can derive from him.

    Having said that, he is a salesperson, commission-based, so you are wrong to say that he has a salary. His main source of income is from commission.

    By the way, you have a choice of not engaging any property agent in your property transactions, you can do it yourself.

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    Senior Member Sion's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Blur Shadow View Post
    What amuses me is that the pay of a Cabinet Minister is used as a benchmark! Hahaha!!
    Ask not what a minister earns.
    Ask what happiness to this nation is his service.

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    Senior Member Sion's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Octarine View Post
    Please elaborate further. I haven't seen any housing agent that would help increasing my salary.
    A property agent helps your property to apprecoates its value in years ahead and thereby making everyone a wealthy man in Singapore.
    Last edited by Sion; 29th August 2013 at 02:12 PM.

  16. #16

    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by Sion View Post
    A property agent helps your property to apprecaites its value in years ahead and thereby making everyone a wealthy man in Singapore.
    You mean they 'flip' properties and inflate the value of local properties thereby leading to inflation for the nation. So effectively only the property owner/s and the agent/s benefit. How does that make every Singaporean a wealthy person???
    Nikon D300 | MB-D10 | AF-S 17-55mm f2.8 | 35mm f1.8 | SB-900

  17. #17

    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by de_stan View Post
    You mean they 'flip' properties and inflate the value of local properties thereby leading to inflation for the nation. So effectively only the property owner/s and the agent/s benefit. How does that make every Singaporean a wealthy person???
    Some say lawyers and property agents have a special place for them in the afterlife

  18. #18
    Senior Member Sion's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by de_stan View Post
    You mean they 'flip' properties and inflate the value of local properties thereby leading to inflation for the nation. So effectively only the property owner/s and the agent/s benefit. How does that make every Singaporean a wealthy person???
    Have you talked to the Singaporeans on the street and see how happy and weathy they are?

    They are all many times richer than they are 30 years ago because of the apartments they've bought.
    Last edited by Sion; 29th August 2013 at 12:22 PM.

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    Senior Member Sion's Avatar
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    Default Re: Property agents can earn as much as a cabinet minister

    Quote Originally Posted by hanzohattori View Post
    Some say lawyers and property agents have a special place for them in the afterlife
    Some real estate agents also sell paper mansions with paper servants on the side so that the buyers will have a rich and comfortable afterlife.

  20. #20

    Default Re: Property agents can earn as much as a cabinet minister

    Funny...majority of Singaporeans actually feel much poorer COS of the sky rocketing property prices which requires 30 yrs to service the loan.

    Quote Originally Posted by Sion View Post
    Have you talked to the Singaporeans on the street and see how happy and weathy they are?

    They are all many times richer than they are 30 years ago because of the apartments they've bought.
    Nikon D300 | MB-D10 | AF-S 17-55mm f2.8 | 35mm f1.8 | SB-900

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