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Re-defining sustainable urbanization is a core strategic priority for us. We entered Singapore property industry in 1994, and now, we’re in the forefront of producing green residential areas and world class urban infrastructure throughout our “World Cities” notion. We recently entered the inexpensive housing area with Happinest .

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Simple Steps to Become a Property Agent in Singapore

Though Singapore is one of the best places to invest, it is a nice place to work as well. If properties interest you and you have strong basics, then there are high chances that you will be successful in the real estate business. Before we look at the steps that you have to follow to become a property agent in Singapore, let us have a look at the eligibility criteria. Property Agent

Eligibility Criteria:

  • The person has to be minimum 21 years of age.
  • The person should have cleared the General Certificate of Examination at the O-level, where O represents the ordinary level.
  • The aspiring candidate should have passed the REPS exam that is the Real Estate Person’s Examination or any other examination that is considered equivalent.
  • It is not possible to register with multiple licensed agents. The registration must take place only with one agent.
  • The person should have necessarily taken up courses that are relevant and mandatory to clear the training session. It is also important that the person is aware of the legal provisions that are relevant to the law of the land in which he wishes to become a real estate agent.
  • The person should not have been a convict in the past under any law that is relevant to the estate acts.
  • The criteria that are listed above also enumerate the way in which a person has to become a real estate agent in Singapore.
Now that you know the criteria for becoming a real estate agent in Singapore, it is also important that you understand that all is not well in real estate business irrespective of the place. Here are some of the bitter things that you have to digest before getting into the field.

Why is Singapore not the right place to become a property agent?

Though there are a lot of benefits as far as becoming a property agent in Singapore is concerned there are both pros and cons too. So here are some of the disadvantages too:
  1. You will have to lose a lot before you earn: Real Estate is one place where almost all incidents are contingent and they aren’t permanent. Since your experience, in the beginning, is amateurish, you will find it hard to make the right predictions and act accordingly. So before you earn, you will have to lose a lot of money to understand the market.
  2. Bossing around is not always cool: If you are a sole proprietor managing the affairs of the service spot, then it is not as cool as you think it is. You will have to shoulder a lot of responsibilities and take care if the affairs of the business.
  3. The employee base that you have need not have to be true all the time. They are mere employees and might not understand the importance of working dedicatedly irrespective of the results.
  4. You may not earn as high as you think. At least during the initial stages, you will not make whopping profits. Once after passing through a series of hard hits will you be able to understand how the field works.

Invest Like the Rich: Tips to Follow Before Investing in the Singaporean Real Estate Market

As far as the Singapore real estate is concerned a lot of people are highly successful in their investments. But it is also a fact that not all Tom, Dick and Harry can be successful in their venture, there are certain things that people have to follow that will help you invest as the rich do. So here are the best tips that you always have to remember if you are ready to invest in the Singaporean markets. Invest Like the Rich

Tips to invest like the rich:

These secrets to success have been tested a lot of times, and the results have been accurate all the time.
  • The first thing that you have to know is that there is something called IGA. IGA stands for Income Generating Assets and is where the rich and the highly successful people invest. This is the first thing that you have to keep in mind. At least till you get a grip over the market, you need not have to be experimental.
  • The next tip that you have to remember is buying for less and selling for more. This is the basic thing that any investor has to remember. But we do not mean what you think. You buy a property for ‘x’ value and sell it at a price that is ‘x+y’ value then it is basic that you are making profits, are we right? No or Maybe. It all depends on what your ‘Y’ value is. Your ‘Y’ shouldn’t just consider increasing the price. It also has to make sure that the increase accounts for the time value of money. If yes, then you are making profits. If no, you are either at the loss point or the between point that is no loss-no profit.
  • So if I have to cut down my thoughts and narrow my focus only on the real estate status that exists in Singapore, the fact is that most of the rich men in Singapore earned their wealth from the investments that they make in real estate.
  • There is one common idea that is stated in almost all books that state the principle of investing rich. This point states how the cash flow of a rich person looks like. The cash of the rich person flows from the assets column and the reaches the income side of the person, this strategy helps in stay wealthy.
  • The case is opposite in case of a middle-class person or a person who is poor at fixing his investments. In fact, the flow happens in the opposite direction. The money flows from the income side, spreads through liabilities and expenses, and moves out without even touching the assets side.
  • This inverse action that happens creates a vast difference between the money that the rich and the others make in the real estate market.

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Zhihao  ShiAddress:59 Tuas South Ave 1, 637401, Singapore.Phone:62988967.Email: sales@cropvt.com