SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
An overall of 625 local realty agents obtained the Singapore Estate Agents Association (SEAA) SG Realty Professionals Excellence Awards 2024, which was held up at Marina Bay Sands on Aug 16.
The awards event was hosted in two sessions. It saw award-winning agents clinch awards throughout 4 classifications.
On the other hand, the Seniors Achievers Award identified agents that are 60 years old and above and earned a minimum of $100,000 for the entire of last year.
Adam Wang, head of state of SEAA, observed in his speech that there has actually been a significant boost in agencies participating in the awards this year, with the number of certified applications for 2024 at over 600 recipients. “This is a testimony to the reputation and professionalism that these accolades offer their service in the realty field.”
The association also continuously reviews and updates its Continuing Professional Development training courses in accordance to market demands. “SEAA remains fully commited to equipping our participants with the most recent modern technology tools and expertise, enabling them to remain at the forefront of the industry and thrive in any kind of market issues,” says Wang.
He even prompted representatives to speak up versus unreliable agents that put up listings with deceptive ads or internet commentaries that contain frauds. “They interrupt the market and break the honest conduct and professionalism expected of every property representative. Creating, taking part in or marketing such practices severely undermines the credibility and believe in that the real estate market has carefully developed with time,” he claims.
In his speech, Minister Faishal says that buyers trust representatives to assist them navigate an increasingly complex realty landscape and to absorb their benefits. “As trusted experts in your industry, you play an essential function in supporting your prospects understand their house ownership goals, but also to protect their financial interests,” he says.
“The honors develop customer trust and assist agents obtain a favorable reputation by preserving high requirements of ethical conduct. This brings in integrity-focused customers and raises total representative benchmarks,” states Wang.
Recent initiatives by SEAA, such as memorandum of understanding on best practices overview on co-broking compensation, showcase its efforts to support property representatives in Singapore. The co-broking best method overview supporters representatives to collect payment from the gathering they represent and to agree to all compensation free arrangements before any type of interaction with clients.
The 1st session in the afternoon saw representatives securing the Salesperson Accomplishment Award for the Silver and Gold classifications. The night-time service presented private and multi-award beneficiaries for the Salesperson Achievement Award in the Platinum and Diamond classifications.
Some other awards were the Excellent Youths Grant for specialists aged 28 years and beneath, that got home a gross payment of at least $120,000 in 2023, in addition to the Rookies Award for brand-new representatives that have actually shown excellent profits and rental deals performance of at the very least $80,000 within 18 months in the sector.
This is the fifth year SEAA has planned this award event, and the event was decorated by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
