The rising trend of properties in Singapore and Malaysia

There is great demand for properties in Singapore and Malaysia. The Singapore city attracts a lot of travelers every day and hence there is huge demand for all sorts of properties. The capital city of Malaysia, Kuala Lumpur is the major city in the country that is a great real estate market. The trend in the market demands for properties is in both the countries is somewhat similar. Let us compare the property trends in both these countries.

Rental properties

Since Singapore attracts millions of visitors from across the world every year, there is a great demand for rental properties. People visit the country with family most of the time to enjoy a splendid vacation. Families opt for apartments in order to make their stay comfortable in the country. Travelers who visit the country to serve their business needs would choose condos. The rental charges are usually paid by the employers and hence there is huge demand for luxury condos in the country. In order to get a good rental property in Singapore, you can rely on an executive who has completed the Res Course. Malaysia also shows similar trends in the property rental segment. Condos, apartments and villas are in huge demand for rent in the country all through the year.

House properties

Many of the travelers who visit Singapore would have to stay back in order to meet their work requirements. Since the country is friendly to travelers and offers all sorts of facilities, plenty of people choose to stay back I the country for years. Hence, there is a huge property for house properties in the country. Most of the time people look for ready-to-occupy houses available at nominal rates in the country. With the help of a good RES in Singapore, you will be able to identify the best neighborhoods in the country that would make your life comfortable. In Malaysia, there is great demand for flats. Since the land prices are quite high in Kuala Lumpur, most of the people prefer to stay in flats. Hence, the price for flats has gone up in the recent times. There are also plenty of properties available for sale where people can construct houses as per their wish and budget. This trend is seen in Singapore as well.


Office buildings

Singapore and Malaysia are both excellent places to do business. Singapore is one of the most important IT corridors in the world and hence there is huge demand for office buildings in the country. Most of the big companies buy vacant land and construct office buildings using their own designs. The smaller organizations might go for office buildings that are ready for occupancy in the country. Here again the assistance of RES Singapore would be beneficial in identifying the best deals in the segment. In Malaysia too there is demand for office buildings all through the year. The IT industry in the country is in its developing phase and this might invite more companies to the country in the future. Singapore is one of the most prominent countries in the world preferred by business enterprises from all over the world. This has taken the real estate industry of the country to great heights.

Key differences between a certified real estate agent and a normal agent

Working in the real estate industry in Singapore is really interesting. Compared to the other jobs where you restrained to work inside a cubicle staring at a computer screen all day long, the job of a real estate agent is more challenging and exciting. There are two types of salespersons in Singapore real estate industry. The first type is the certified agents who hold a valid license and the other normal agents. What are the key diversities between the two? Let us take a look at the key factors.

Industry knowledge

A certified real estate agent in the country will have immense industry knowledge. The exposure and knowhow related to the real estate industry for the certified professionals would be much better than that of the normal agents. A person who undergoes the RES course in the country will be provided with tutorial sessions by highly skilled professionals who would talk about the real time experiences in order to impart better knowledge to the candidates. The normal agents however do not have all this knowledge and would only have information that they learn from the surroundings on their own. This might not always be accurate.

Knowledge about rules and regulations

A certified agent who has completed the real estate course from a CEA approved institute will have great knowledge about the real estate rules and regulations existing in the country. The course syllabus deals with the real estate laws prevailing in the country and any changes that are made to existing laws would also be taught during the training period. The normal agents do not have access to all this information. In order to compete a real estate deal, the agent should have sound knowledge about the laws related to the type of property on sale. For different kind of properties, the laws would also be different.

Exposure

A certified agent would have better exposure in the market compared to a normal agent. In order to work with a real estate agency in the country as a salesperson the course in real estate approved by the CEA is to be mandatorily completed and the exam should be cleared too. Only such agents would be able to work with the real estate companies in the country. Hence, these agents would have better exposure in the domain compared to the normal agents.

Closing deals

The certified salespersons would be able to close a deal easily because they would be well aware of the clauses and regulations related to the property they deal with each time. They are well trained to provide great assistance to the clients as per their requirements. The normal agents would have to seek professional aid in order to close the deals. The licensed agents would be able to gain access to the authorities with much more ease because they would be generally representing an established real estate agency. The normal agents will have to complete all the transactions themselves and the clients will also have to bear with the time delays caused.

It is hence better to work as a salesperson in the real estate industry in Singapore after completing the real estate license course.

Real estate job opportunities in Singapore

If you want to enjoy a wonderful future, you should always make a wise selection related to your career. If you choose a domain which looks good today and might falter at a later point of time, it might cause adverse effects to your life. You should consider the future prospects of a domain and try to analyze various factors related to the survival of the business segment to make a wise selection. The real estate industry in Singapore is a safe bet when it comes to your career. The industry offers plenty of job opportunities today and as long as people in the country require houses and other buildings to meet their various needs, the industry will also stay strong. Here are some of the major jobs that are available in this industry in Singapore.

Realtors


Working as a realtor is a great way of making money in Singapore. You need to have a good office in order to start your business deeds in the country. You would also have to invest a good amount of money for the initial expenses. You can start a real estate agency and start dealing with different clients in the country. There would be many people who would want to buy apartments and villas to settle down in the country. Since many of the professionals who visit the country to serve their business needs, choose to stay back in the country they would require houses and plots to live. Working as a realtor is a promising job because the prices of properties would go up often. You should identify the properties that are up for sale at attractive rates and purchase it. This can include plots that are ideal for office plots, homes, apartments and villas in different parts of the country. You can hire executives to take care of your business needs. When you hire fresh candidates who have completed the real estate sales training, you will be able to deal with plenty of property deals easily.

Salespersons

If you do not have sufficient money to invest on properties in the country, you can still earn a sound monthly income from the domain. You need to complete the real estate licence course in order to start with the job. There are many institutes in the country that provide quality training to help you attain this goal. You will have to deal with the property deals assigned to you by the agency for which you work and this will made easy when you complete the license course real estate. When you close the deals, you will be able to earn extra perks. The real estate agency will provide you a good monthly income too for the overall works that you perform. Hence, in total you will be able to earn a sound monthly income steadily. The job stability is one of the most important advantages that you get to enjoy. Since the demand for properties will be on the rise in the coming future, you will be able to keep earning money if you are true to your deeds.

What property buyers look up in RES agents?

 Every candidate, who steps into real estate industry aims to be a successful real estate person. Right? And if you are reading this, then that as well mean that you are working hard and need smart tips to become a successful RES agent. One of the smartest tips to be successful in real estate industry relates to clients satisfaction. Your business/career depends upon a good networking and list of happy clients. So, you have to be the agent that the seller wants to get connected with. Here are few things that sellers look for when consulting the agents to get the property of the choice.

Not opinions but skills matters 

Sellers are well aware of the marketing skills of the salespersons; therefore, they have now become smarter in making selections. They do not look up for the salesperson that is capable of impressing them with good talks; they instead need to see the results & skills.

Price is secondary rather high quality is the priority 

Alluring the clients based on the low fees is no more in trend today. Property buyers or sellers do not consider fees; instead, they look up for the agent who can get the most in their pocket. This you would have learned during your RES course preparation as well, but in most cases during practical situations, this aspect tends to get neglected. So be better instead of cheaper. Here, they even look up for the negotiation skills of the agent, who can make them save several dollars.

Education is important 

Yes, education is another aspect that buyers & sellers generally look up for when choosing a RES in Singapore. Do not get amazed when they would ask you about your qualification or about RES Exam Singapore. With this, they get assured that they are getting associated with a professional RES in Singapore inspite of any fraud.