SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
This is the fifth year SEAA has set up this honor activity, and the ceremony was decorated by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
The first session in the afternoon saw agents securing the Salesperson Accomplishment Award for the Silver and Gold categories. The evening event presented personal and multi-award recipients for the Salesperson Achievement Award in the Platinum and Diamond categories.
Meanwhile, the Seniors Achievers Honor acknowledged agents who are 60 years of ages and above and gained approximately $100,000 for the whole of past year.
Adam Wang, president of SEAA, noted in his address that there has been a notable increase in firms joining the grants this year, with the number of qualified applications for 2024 at over 600 awardees. “This is a proof to the trustworthiness and professionalism that these distinctions bring to their work in the realty field.”
The grants function was held in two sessions. It saw award-winning representatives secure honors across 4 classifications.
He also urged representatives to speak up versus unreliable representatives who put up listings with misleading advertisements or online discourses that contain fallacies. “They interfere with the market and violate the moral conduct and expertise anticipated of every realty agent. Creating, participating in or promoting such practices severely weakens the track record and trust that the realty field has carefully developed gradually,” he says.
Many other honors were the Exceptional Youths Grant for reps aged 28 years and below, who brought home a total payment of a minimum of $120,000 in 2023, in addition to the Rookies Award for new agents who have actually shown excellent profits and rental purchases performance of a minimum of $80,000 in just 18 months in the industry.
In his speech, Minister Faishal says that buyers trust agents to assist them navigate an increasingly complicated real estate landscape and to consume their best interests. “As counted on professionals in your market, you play an important function in helping your customers find out their home ownership aspirations, however also to secure their investment interests,” he claims.
“The awards set up customer trust and really help representatives get a positive appearance by maintaining high standards of ethical conduct. This draws in integrity-focused clients and boosts general agent benchmarks,” claims Wang.
Recent campaigns by SEAA, for example, memorandum of understanding on ideal practices guide on co-broking compensation, showcase its initiatives to support real estate agents in Singapore. The co-broking best practice guide supporters representatives to gather commission from the party they represent and to consent to all compensation free arrangements prior to any kind of involvement with clients.
A total of 625 regional real estate representatives obtained the Singapore Estate Agents Association (SEAA) SG Real Estate Professionals Excellence Awards 2024, that was hosted at Marina Bay Sands on Aug 16.
The association additionally continuously reviews and updates its Continuing Professional Development courses in accordance to market needs. “SEAA stays fully commited to equipping our members with the latest technology tools and expertise, allowing them to remain at the front of the market and grow in any type of market conditions,” states Wang.
