SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
A sum of 625 local realty brokers received the Singapore Estate Agents Association (SEAA) SG Realty Representatives Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
The very first session in the afternoon saw representatives securing the Salesperson Achievement Honor for the Silver and Gold categories. The night-time ceremony provided individual and multi-award recipients for the Salesperson Achievement Award in the Platinum and Diamond groups.
He even prompted representatives to speak out against unreliable agents who put up listings with deceptive ads or online commentaries which contain frauds. “They disrupt the marketplace and go against the honest conduct and professionalism expected of every real estate representative. Creating, taking part in or marketing such practices severely threatens the track record and trust that the real estate industry has actually painstakingly accumulated over time,” he states.
In his speech, Minister Faishal says that buyers trust agents to help them navigate a considerably complex realty landscape and to consume their benefits. “As trusted experts in your sector, you play an important duty in supporting your clients find out their home possession goals, but also to protect their investment interests,” he states.
This is the 5th year SEAA has actually 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.
“The honors develop customer confidence and really help agents get a positive image by maintaining high requirements of ethical conduct. This attracts integrity-focused customers and elevates total agent measures,” says Wang.
Adam Wang, president of SEAA, observed in his address that there has been a notable increase in firms 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 expertise that these honors give their service in the real estate industry.”
The awards event was held in 2 programs. It viewed award-winning representatives secure awards throughout 4 groups.
The organization also continuously reviews and updates its Continuing Professional Development programs in accordance to market demands. “SEAA stays fully commited to equipping our participants with the current modern technology tools and understanding, allowing them to stay at the forefront of the market and thrive in any kind of market situations,” states Wang.
Latest efforts by SEAA, such as memorandum of understanding on best practices overview on co-broking commission, showcase its efforts to support property representatives in Singapore. The co-broking top technique overview supporters agents to accumulate payment from the event they represent and to consent to all payment free setups before any interaction with customers.
Many other honors were the Exceptional Youths Grant for agents aged 28 years and beneath, who got home a gross compensation of a minimum of $120,000 in 2023, in addition to the Rookies Award for brand-new representatives who have actually shown excellent sales and rental purchases performance of a minimum of $80,000 just within 18 months in the industry.
At the same time, the Seniors Achievers Honor recognised representatives who are 60 years of ages and above and gained a minimum of $100,000 for the whole of previous year.
