So macam ni how ? Agent ada highlight cakap, " I hope you know my processing fee of 1% is due to be pay upon SPA signing " of course this one we know, we are ready and prepared to pay for 1% agent fee, so apa masalah ? Memang tipu ke atau betul betul cakap ? So do we wait ? Sebab if agent dont release copy of title deed for us, how we go bank ? We can't proceed with bank unless agent say Ok, u now pay deposit first, then u go do bank loan.
We viewed the house yesterday, decided to buy it, and was plan to go to bank for bank loan today, but yesterday we requested for the copy of title deed of the house to show the bank, but that's when agent told me about there's this other party, who is the owner's friend who viewed the house 3 weeks ago, so owner is now asking his friends if they still interested, if they not, then agent will proceed to give us copy of a title deed, what do u think of all of this ?

Yes for this part we understand, but we are at the very start, basically my situation now is, we are waiting for agent to give us the go ahead to go to bank, because now agent say got other party considering 3 weeks ago, so the owner of that property need to ask that other party first, if that other party tak nak, then agent will let us know, then only we can go bank, otherwise we go bank also no use right if agent didn't tell us to proceed ?

You bagi deadline to agent.

Usually SPA 21 days (3 week)

Apa ranciao 3 week lagi?

Ur agent making stories only la i suppose...

Booking fees (i.e. 3%) to be paid to agent's realty COMPANY bank account, then balance (i.e. 7% when sign SPA) to be paid to ur lawyer, ur lawyer will settle with their lawyer.  I suppose its similar no matter in which states' practice...

Like others said, set a deadline for ur agent. Since ur agent stories' is owner agreed to proceed, then ur deadline set it nearer.

Ur agent making stories only la i suppose...

Booking fees (i.e. 3%) to be paid to agent's realty COMPANY bank account, then balance (i.e. 7% when sign SPA) to be paid to ur lawyer, ur lawyer will settle with their lawyer.  I suppose its similar no matter in which states' practice...

Like others said, set a deadline for ur agent. Since ur agent stories' is owner agreed to proceed, then ur deadline set it nearer.

Is booking fee and deposit the same thing ? Because for me the agent told me it's 2% of deposit to be payable, I thought it was 1% ?

Got a separate question here. I'm about to pay 2% earnest deposit to the owner's lawyer, the agent told me to create a cashier order from the bank, and put in the name of the owner, as i understands it, shouldn't the cashier order be put under the owner's lawyers name ?

Got a separate question here. I'm about to pay 2% earnest deposit to the owner's lawyer, the agent told me to create a cashier order from the bank, and put in the name of the owner, as i understands it, shouldn't the cashier order be put under the owner's lawyers name ?