SEAA lauds 625 agents at its annual SG Real Estate Agents Excellence Awards
This is the 5th year SEAA has actually arranged this honor event, and the ceremony was graced by Associate Professor Muhammad Faishal Ibrahim, Minister of State, Ministry of National Development and Ministry of Home Affairs.
“The honors develop consumer trust and really help agents get a favorable reputation by preserving high criteria of ethical conduct. This brings in integrity-focused clients and elevates total representative standards,” states Wang.
In his address, Minister Faishal states that customers trust representatives to guide them navigate a significantly complicated real estate landscape and to absorb their best interests. “As entrusted professionals in your industry, you play an essential role in helping your clients understand their home ownership goals, but also to protect their economic interests,” he claims.
Adam Wang, president of SEAA, noted in his address that there has actually been a noteworthy boost in agencies participating in the grants this year, with the range of qualified applications for 2024 at over 600 awardees. “This is a testimony to the trustworthiness and reliability that these distinctions bring to their work in the real estate industry.”
The 1st session in the afternoon saw agents clinching the Sales rep Achievement Award for the Silver and Gold categories. The evening service presented personal and multi-award recipients for the Salesperson Achievement Award in the Platinum and Diamond categories.
He also urged agents to speak out against unreliable agents who created listings with deceptive advertisements or internet commentaries that contain frauds. “They disrupt the market and violate the moral conduct and expertise anticipated of every realty agent. Creating, engaging in or promoting such practices severely weakens the credibility and believe in that the realty sector has meticulously accumulated with time,” he claims.
The awards ceremony was hosted in two sessions. It saw award-winning representatives secure awards across 4 classifications.
An overall of 625 local real estate brokers received the Singapore Estate Agents Association (SEAA) SG Realty Professionals Excellence Awards 2024, that was held up at Marina Bay Sands on Aug 16.
Recent campaigns by SEAA, like memorandum of understanding on ideal practices overview on co-broking compensation, showcase its initiatives to sustain property representatives in Singapore. The co-broking top method guide supporters representatives to collect payment from the gathering they represent and to agree to all commission totally free setups prior to any engagement with customers.
The organization also continuously reviews and updates its Continuing Professional Development courses in accordance to market requirements. “SEAA remains dedicated to equipping our members with the current technology tools and expertise, enabling them to stay at the lead of the sector and grow in any market conditions,” states Wang.
Other honors were the Outstanding Youths Grant for specialists aged 28 years and below, that took home a total compensation of a minimum of $120,000 in 2023, in addition to the Rookies Award for brand-new agents that have actually demonstrated excellent sales and rental deals productivity of at least $80,000 just within 18 months in the market.
On the other hand, the Seniors Achievers Award identified agents that are 60 years old and above and earned a minimum of $100,000 for the entire of past year.
