SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
A sum of 625 local real estate agents got the Singapore Estate Agents Association (SEAA) SG Real Estate Professionals Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
In his speech, Minister Faishal states that customers seek to representatives to help them navigate an increasingly complex realty landscape and to absorb their best interests. “As trusted professionals in your market, you play an essential function in assisting your customers realise their home possession aspirations, however also to secure their financial interests,” he claims.
“The honors set up consumer confidence and help representatives get a positive image by maintaining high criteria of ethical conduct. This attracts integrity-focused customers and raises total agent benchmarks,” claims Wang.
Adam Wang, president of SEAA, noted in his address that there has actually been a remarkable increase in firms taking part in the awards this year, with the number of qualified applications for 2024 at over 600 recipients. “This is a proof to the integrity and professionalism that these awards offer their work in the real estate market.”
Meanwhile, the Seniors Achievers Award recognised agents who are 60 years old and above and gained a minimum of $100,000 for the whole of previous year.
The awards function was hosted in two programs. It found award-winning professionals secure awards across 4 groups.
The first session in the afternoon saw agents clinching the Sales rep Accomplishment Honor for the Silver and Gold classifications. The night ceremony showed individual and multi-award beneficiaries for the Salesperson Achievement Award in the Platinum and Diamond groups.
Many other honors were the Outstanding Youths Award for reps aged 28 years and below, who brought home a gross compensation of at the very least $120,000 in 2023, in addition to the Rookies Award for brand-new representatives that have shown exemplary sales and rental deals productivity of a minimum of $80,000 just within 18 months in the business.
This is the 5th year SEAA has actually arranged this award activity, and the ceremony was decorated by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
He also urged agents to speak up versus errant agents that put up listings with misleading advertisements or internet discourses which contain falsehoods. “They interrupt the marketplace and violate the ethical conduct and professionalism expected of every real estate representative. Making, taking part in or promoting such methods severely undermines the reputation and trust that the property industry has actually carefully accumulated in time,” he states.
The association likewise continually reviews and updates its Continuing Professional Development training courses in accordance to market requirements. “SEAA remains dedicated to equipping our members with the most up to date modern technology tools and expertise, enabling them to stay at the leading edge of the industry and prosper in any kind of market situations,” says Wang.
Recent efforts by SEAA, for example, memorandum of understanding on ideal practices overview on co-broking commission, display its efforts to sustain real estate agents in Singapore. The co-broking top method overview supporters agents to collect payment from the gathering they represent and to consent to all compensation free arrangements before any type of involvement with clients.
