so let's all become property agents!
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
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.
What amuses me is that the pay of a Cabinet Minister is used as a benchmark! Hahaha!!
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.
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.
Last edited by Sion; 29th August 2013 at 02:12 PM.
Nikon D300 | MB-D10 | AF-S 17-55mm f2.8 | 35mm f1.8 | SB-900
Last edited by Sion; 29th August 2013 at 12:22 PM.