Your search results

Should You Pay For A Buyer Agent?

Posted by Jayson Ang on August 10, 2025

| 0

TLDR

The idea of making buyers pay their own property agents in Singapore, as suggested by SEAA, makes sense in theory but faces big hurdles in practice. While splitting commissions seems fair, human nature means most buyers will choose free services over paying out of pocket. Agents aren’t likely to change unless everyone is forced to do so, creating a collective action problem. Voluntary self-regulation isn’t working because agents fear losing clients to those who don’t charge buyers. Real change will likely only come with government intervention and clear laws—not just guidelines. Until then, expect the status quo to continue: agents sticking to what works for their own survival, even if it’s not best for the industry as a whole.

Here’s a sharp take on the buyer agent commission debate in Singapore:

Let’s talk about well-meaning ideas that crash into reality. SEAA’s recent pact asking buyers to pay their agents sounds great on paper. Like banging pots to scare off bears – theoretically sound, practically dubious.

The math makes sense. Split the commission fairly, make transactions cleaner, everyone wins. Right? Except the real estate world doesn’t run on logic – it runs on human nature. And humans love FREE. Tell someone they can get the same service without paying, and watch how fast those noble intentions evaporate.

It’s a classic Mexican standoff. Agent A decides to charge buyers. Agent B doesn’t. Guess who’s updating their LinkedIn profile? The industry faces a collective action problem that would make game theorists weep. Everyone needs to jump together, or nobody jumps at all.

The “tepid” response shouldn’t shock anyone. Property agents aren’t stupid – they’re survivors in a brutal market. Asking them to voluntarily handicap themselves is like asking sharks to become vegetarians. Sure, it might be better for the ocean ecosystem, but good luck getting them all to agree.

SEAA’s heart is in the right place. Self-regulation beats government intervention. But sometimes you need more than guidelines and good intentions. You need rules with teeth. Because in the real world, honor systems crumble when mortgages need paying.

The brutal truth? This probably needs government muscle behind it. Guidelines are nice. Laws are better. Until then, expect agents to stick with what works – even if it’s not what’s best for the industry.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

All Opinion Selling Tips

6 Factors Making Singaporean Properties Difficult to Sell (Even in a Strong Market)

Jayson Ang – June 2, 2026 –

TLDR Properties in Singapore may linger on the market due to several key factors. Small boutique developments face price volatility,...

Mandarin Top 5

Top 5 : Greatest Challenges That Investors Face In Singapore’s Real Estate Market

Jayson Ang – May 8, 2025 –

Singapore's real estate market is a dynamic and attractive investment landscape for both local and international investors. Known for its...

All Blog Posts Opinion

Singapore Property Price Set to Explode Upwards in 2024?

Jayson Ang – March 10, 2023 –

TLDR Understanding the factors influencing property prices in Singapore for 2024 can help in making informed decisions. Despite high rental...

All Buying Tips

The Unsung Importance of Property Finishing: More Than Just Aesthetics

Jayson Ang – December 30, 2025 –

TLDR Many homebuyers overlook the importance of high-quality finishes in properties, assuming they will renovate later or that tenants won’t...

All Buying Tips Opinion

The Integrated Living Experience: Benefits and Drawbacks of Condos Above an MRT

Jayson Ang – January 22, 2026 –

TLDR Integrated developments in Singapore combine residential units with commercial spaces and direct MRT access, offering convenience and car-free living....

Mandarin Top 5

5 Things to Know About the Singapore Property Tax System

Jayson Ang – June 18, 2023 –

5 Things to Know About the Singapore Property Tax System Here are 5 things you need to know about the...

Mandarin Top 5

Top 5 Best Instagrammable Spots in Singapore

Jayson Ang – November 7, 2024 –

Singapore, a vibrant and modern city-state, is known for its stunning architecture, lush green spaces, and colorful streets. With its...

All Blog Posts Buying Tips Opinion Reports

Can You Still Make Money from Older Freehold Condos in Singapore

Jayson Ang – November 23, 2024 –

TLDR While freehold condos might seem like a solid investment, the rise of new developments and aging buildings cast doubt...

Mandarin Top 5

Top 5 Scenic Drives in Singapore

Jayson Ang – June 4, 2024 –

Singapore, a small yet bustling city-state, is well-known for its impressive skyline, diverse culture, and delicious food. However, not many...

All Blog Posts Opinion

5 Reasons Why You Should Consider Hiring an Agent Instead of DIY-ing It

Jayson Ang – June 9, 2023 –

TLDR Understanding the complexities of the real estate market and transactions can be overwhelming. Enlisting the help of a real...

All Buying Tips Opinion Selling Tips

The Importance of Caution Regarding Property Oversupply in Singapore

Jayson Ang – March 10, 2025 –

TLDR Recent challenges in China's real estate sector reveal valuable lessons for Singaporeans, emphasizing the importance of understanding governmental interventions...