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 …

Mandarin Top 5

Top 5 : Best Laser Tag Arenas in Singapore

Jayson Ang – January 12, 2025 –

Laser tag has become an increasingly popular activity in Singapore, offering adrenaline-pumping experiences for people of all ages. This exciting...

All Opinion

Should We Reconsider the ABSD Rates?

Jayson Ang – January 5, 2025 –

TLDR We explore the need to reevaluate the current Additional Buyer's Stamp Duty (ABSD) rates in Singapore, considering their impact...

Mandarin Top 5

Top 5 Tips : How Does One Choose Good Property In Singapore?

Jayson Ang – November 11, 2024 –

Singapore, a thriving city-state known for its impressive skyline and robust economy, has always been an attractive destination for property...

All Buying Tips Opinion

Why Cash Over Valuation (COV) Doesn’t Matter Anymore

Jayson Ang – September 20, 2025 –

TLDR HDB’s old strategy of hiding Cash Over Valuation (COV) data isn’t cooling Singapore’s resale flat market anymore. Prices keep...

All Buying Tips

Is 2024 the Perfect Moment to Refinance Your Home Loan? Discover What Homeowners Should Consider!

Jayson Ang – July 20, 2024 –

TLDR The article covers the shift to SORA for home loan rates, urging consideration of refinancing options amidst rising rates....

Mandarin Top 5

5 Most Affordable Areas to Invest in Property in Singapore

Jayson Ang – June 2, 2024 –

Singapore is known for being one of the most expensive cities in the world, particularly when it comes to property...

All Buying Tips Opinion Selling Tips

5 Untold Risks Of Buying An Old Freehold Condo In Singapore

Jayson Ang – October 1, 2025 –

TLDR Old freehold condos in Singapore may seem attractive due to lower prices, but they come with hidden pitfalls. Longstanding...

Mandarin Top 5

5 Reasons : The Benefits Of Investing In A Property With Good Access To Healthcare Facilities In Singapore

Jayson Ang – June 28, 2024 –

Investing in a property with good access to healthcare facilities in Singapore offers numerous benefits for both homeowners and investors....

All Buying Tips Opinion

The Myth of Cheaper New Condos from Lower Land Prices in Singapore

Jayson Ang – February 22, 2026 –

TLDR Lower Government Land Sales (GLS) prices do not automatically lead to cheaper new launch condos in Singapore. Developers base...

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....