Real Estate News

Can sales commissions of agents be squeezed to benefit consumers?

todayMay 1, 2023

Background

SELLING properties on behalf of customers can yield rich returns for the middleman. For 2022, Singapore’s largest real estate agency PropNex posted revenue of S$1.03 billion and net profit of S$62.4 million, up 7.5 per cent and 3.9 per cent year on year respectively.

Written by: sherwin@eyeconz.com

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