but still need a lawyer right?else pay deposit to who,tak takut lari or say no collected
Buying house bypassing agent
Buying house bypassing agent
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Jul 10 2025, 09:13 AM
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Junior Member
607 posts Joined: Sep 2022 From: Last member of the tribe |
but still need a lawyer right?else pay deposit to who,tak takut lari or say no collected lordgamer3 liked this post
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Jul 10 2025, 09:35 AM
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#22
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All Stars
14,511 posts Joined: Sep 2017 |
QUOTE(poco loco @ Jul 10 2025, 09:12 AM) Pejabat Tanah cannot find owner unless have the right info. They don't store info based on address.QUOTE(poco loco @ Jul 10 2025, 09:13 AM) If don't want to deal through agent, then have to take risk. |
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Jul 10 2025, 09:36 AM
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Junior Member
861 posts Joined: Jan 2018 |
owner engage agent coz he has no time to handle all the viewings / side stuff..
what to do . if u engage owner , pls at least don't waste his time . that is what the agents are for . |
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Jul 10 2025, 09:41 AM
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#24
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14,511 posts Joined: Sep 2017 |
QUOTE(MegaCanonF @ Jul 10 2025, 09:36 AM) owner engage agent coz he has no time to handle all the viewings / side stuff.. Some people think agent earn commission very easy. Spend time drink coffee and eat char koay teow in kopitiam can close deal.what to do . if u engage owner , pls at least don't waste his time . that is what the agents are for . Go find out iProp how much they charge agents to advertise ! This post has been edited by mini orchard: Jul 10 2025, 09:41 AM MegaCanonF liked this post
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Jul 10 2025, 09:41 AM
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Senior Member
4,949 posts Joined: Jul 2010 |
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Jul 10 2025, 09:48 AM
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861 posts Joined: Jan 2018 |
QUOTE(mini orchard @ Jul 10 2025, 09:41 AM) Some people think agent earn commission very easy. Spend time drink coffee and eat char koay teow in kopitiam can close deal. yeah , imagine 10 prospective buyers, 10 different time slot to view, and sometimes all 10 loan not passed or something, owner oso have their own work to do , dun la . btw ayam just thinking owner POV here. maybe TS lucky if can get understanding ownerGo find out iProp how much they charge agents to advertise ! |
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Jul 10 2025, 09:50 AM
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#27
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14,511 posts Joined: Sep 2017 |
QUOTE(mushigen @ Jul 10 2025, 09:41 AM) There cases where buyers wants to abort the deal B4 reaching the lawyer's office for reason only known to the buyer. If owner seller don't collect deposits, he may missed out on another potential buyer waiting in line without any compensation for time wasted dealing with the buyer. This post has been edited by mini orchard: Jul 10 2025, 09:51 AM |
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Jul 10 2025, 09:57 AM
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#28
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979 posts Joined: Mar 2019 |
QUOTE(FappyBird @ Jul 9 2025, 10:12 PM) Heed my advice bro, as u should heed the others too Wow.. say like owner are very good.Property agents are hamkachan pukimak setan whole family mati kind of pipul, u deal with them once u curse their entire 18 generations forever Tldr, if u can dun deal with poorperty agents I tell u purchaser out there, it is confirm safe to use a legal REN property agent to safe guard your own deposit, be it rent or sale U never heard of eerie story owner take multiple deposit from purchaser and disappear with all your deposit.. because u got no stakeholder (real estate agency) to protect u in case anything happen, deposit is safe. Deal with owner, owner ask u place deposit 3% for his house direct transfer to his name, if he do 5 times to diff fella, and disappear because he need cash, u jao lok gao ad. Usually such case is they sell super cheap one, and tell u pay deposit to their own name This post has been edited by Boomwick: Jul 10 2025, 09:59 AM |
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Jul 10 2025, 10:00 AM
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Junior Member
607 posts Joined: Sep 2022 From: Last member of the tribe |
QUOTE(mini orchard @ Jul 10 2025, 09:35 AM) Pejabat Tanah cannot find owner unless have the right info. They don't store info based on address. agent also use thier lawyer...say if pay 3.xx% from the unit price then they will remove the ad on fb,If don't want to deal through agent, then have to take risk. |
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Jul 10 2025, 10:21 AM
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4,949 posts Joined: Jul 2010 |
QUOTE(mini orchard @ Jul 10 2025, 09:50 AM) There cases where buyers wants to abort the deal B4 reaching the lawyer's office for reason only known to the buyer. Of course need to pay earnest deposit to book the house mah.If owner seller don't collect deposits, he may missed out on another potential buyer waiting in line without any compensation for time wasted dealing with the buyer. |
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Jul 10 2025, 10:25 AM
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Senior Member
4,949 posts Joined: Jul 2010 |
QUOTE(Boomwick @ Jul 10 2025, 09:57 AM) Wow.. say like owner are very good. Earnest deposit is either paid to buyer's lawyer (who will then write to seller's lawyer to confirm status and transfer the money to the seller's lawyer, or the real estate agency. I tell u purchaser out there, it is confirm safe to use a legal REN property agent to safe guard your own deposit, be it rent or sale U never heard of eerie story owner take multiple deposit from purchaser and disappear with all your deposit.. because u got no stakeholder (real estate agency) to protect u in case anything happen, deposit is safe. Deal with owner, owner ask u place deposit 3% for his house direct transfer to his name, if he do 5 times to diff fella, and disappear because he need cash, u jao lok gao ad. Usually such case is they sell super cheap one, and tell u pay deposit to their own name If owner asks to pay to him directly, I'll pass. Kinda scary. GravityFi3ld liked this post
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Jul 10 2025, 10:27 AM
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608 posts Joined: Jul 2009 |
if u have time and resources direct to owner but using agent is easy just pay commission to them and all document they will settle
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Jul 10 2025, 10:29 AM
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#33
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14,511 posts Joined: Sep 2017 |
QUOTE(poco loco @ Jul 10 2025, 10:00 AM) agent also use thier lawyer...say if pay 3.xx% from the unit price then they will remove the ad on fb, Some agent's do or dont remove ad after collecting deposits.A 3% deposit is not a 100% confirmed sale until the SnP is signed. Even with SnP signed, either party can still cancel the deal and the aggrieved party agreed to accept monetary compensation to abort it. A deal is only completed when the full purchase price is paid and the buyer takes possession of the keys to the property. |
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Jul 10 2025, 10:32 AM
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#34
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14,511 posts Joined: Sep 2017 |
QUOTE(kausar @ Jul 10 2025, 10:27 AM) if u have time and resources direct to owner but using agent is easy just pay commission to them and all document they will settle Buyers normally don't pay commission unless he engage one to lookout for a property.Property agents are normally engaged by the seller and therefore he pays the commission. |
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Jul 10 2025, 10:41 AM
Show posts by this member only | IPv6 | Post
#35
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Elite
4,956 posts Joined: Jan 2003 |
QUOTE(eds2 @ Jul 9 2025, 09:53 PM) I saw this one for sale house with agent name and number at it. Problem for house owner? No.If i direct contact the owner of said house and make other deal will it cause any problem for the house owner? (Since he already engage the agent to sell his house?) Problem for you? 99% Yes. Agents help you in a lot of the process stuff, so you have less headache to worry about. You can do yourself, but chances that you mess up is very high. QUOTE(mushigen @ Jul 9 2025, 10:15 PM) A real estate lawyer I spoke to lamented that they (lawyers) do so much work but get paid less fee than agents. What work they do? Lawyer work when come to this is just busy work, most of it is template, change abit here and there, submit documents, etc. Agents have to do damn a lot of work for a single sale. Lawyer sit in office, get work to do because engaged with the agency already. Work is fed to them. The agent has to go out find units, go out show units to people. 10 people see house, maybe not even a single one buy. The travel cost is quite high, sometimes a single sale for rent just enough to cover cost for a month. |
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Jul 10 2025, 10:46 AM
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4,949 posts Joined: Jul 2010 |
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Jul 10 2025, 10:50 AM
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#37
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Junior Member
847 posts Joined: Oct 2004 |
QUOTE(eds2 @ Jul 9 2025, 09:53 PM) I saw this one for sale house with agent name and number at it. Can do discretely. The agent normally will bring the potential buyer to the property. Normally what will happen after yours agent will show them till exhausted. If consumer want to secure deal and not go through agency and they like seller they come direct but make sure your lawyer and their lawyer do things above board no shortcut. Last time I buang agent cust came to use save us 20kIf i direct contact the owner of said house and make other deal will it cause any problem for the house owner? (Since he already engage the agent to sell his house?) |
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Jul 10 2025, 10:50 AM
Show posts by this member only | IPv6 | Post
#38
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Junior Member
847 posts Joined: Oct 2004 |
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Jul 10 2025, 10:54 AM
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#39
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14,511 posts Joined: Sep 2017 |
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Jul 10 2025, 10:59 AM
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#40
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14,511 posts Joined: Sep 2017 |
QUOTE(silverhawk @ Jul 10 2025, 10:41 AM) Problem for house owner? No. We should not compare the fees and scope of work for different professions. Each have different work scope to complete the transaction and the fees are govern by their professional bodies.Problem for you? 99% Yes. Agents help you in a lot of the process stuff, so you have less headache to worry about. You can do yourself, but chances that you mess up is very high. What work they do? Lawyer work when come to this is just busy work, most of it is template, change abit here and there, submit documents, etc. Agents have to do damn a lot of work for a single sale. Lawyer sit in office, get work to do because engaged with the agency already. Work is fed to them. The agent has to go out find units, go out show units to people. 10 people see house, maybe not even a single one buy. The travel cost is quite high, sometimes a single sale for rent just enough to cover cost for a month. It may look simple from other pov but the responsibilities in ensuring is completed without error is important. In short, don't screwed up when one is paid to do the job, no matter the price. This post has been edited by mini orchard: Jul 10 2025, 11:05 AM |
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