Do You Know Property Industry In Singapore ?
In an industry where the job entry barrier is set artificially low, it is perhaps no surprise that real estate industry has churned out all sorts of misfits and rogue agents. Their presence has indeed cost Singapore's fine reputation as a well oiled engine.
The proposed measures are: Centralized Accreditation and Registration, Regulatory Framework, Dispute Resolution Center. With alarming and frequent number of complaints lodged on errand and rogue property agents, the Ministry of Development has reacted with necessary counter measures.
One of the key elements of the proposal is a centralized licensing and registration. Team of professionals will be to oversee the operation. In this way, mandatory registration of all agents and the database will be observed for potential tenants to check the background of new job seekers.
This is largely intended to stem the situation of job hopping among agents, sometimes illegally holding multiple employments.
So that the muscles around the framework design is also introduced. The new engine would be responsible Dosage weakness points moving agents / agencies.
This is undoubtedly bring relief to consumers who discouraged by the current system. New court intended that the much-anticipated public confidence booster, real estate professionals to bring him sat. The goal is to minimize the costs lead from all sides, and subsequently to a rapid solution.
The initial funding of this tribunal would come from the government but this is done with a view to pass down the operation, and thus the funding, back to the industry.
But the government also stressed that this is not meant to replace the current agency level tribunal. The government would expect the current system to be in place and are looking to formulate guidelines and fine tune the process from this agency level tribunal to the official tribunal.
The implementation part of the proposal would be rolled out in phases and become fully operational. Policy makers are optimistic about the initiatives designed to address the dropping service level within the real estate industry and hopeful that it will eventually repair the damage done. - 23218
The proposed measures are: Centralized Accreditation and Registration, Regulatory Framework, Dispute Resolution Center. With alarming and frequent number of complaints lodged on errand and rogue property agents, the Ministry of Development has reacted with necessary counter measures.
One of the key elements of the proposal is a centralized licensing and registration. Team of professionals will be to oversee the operation. In this way, mandatory registration of all agents and the database will be observed for potential tenants to check the background of new job seekers.
This is largely intended to stem the situation of job hopping among agents, sometimes illegally holding multiple employments.
So that the muscles around the framework design is also introduced. The new engine would be responsible Dosage weakness points moving agents / agencies.
This is undoubtedly bring relief to consumers who discouraged by the current system. New court intended that the much-anticipated public confidence booster, real estate professionals to bring him sat. The goal is to minimize the costs lead from all sides, and subsequently to a rapid solution.
The initial funding of this tribunal would come from the government but this is done with a view to pass down the operation, and thus the funding, back to the industry.
But the government also stressed that this is not meant to replace the current agency level tribunal. The government would expect the current system to be in place and are looking to formulate guidelines and fine tune the process from this agency level tribunal to the official tribunal.
The implementation part of the proposal would be rolled out in phases and become fully operational. Policy makers are optimistic about the initiatives designed to address the dropping service level within the real estate industry and hopeful that it will eventually repair the damage done. - 23218
About the Author:
Want to find out more about Singapore Real Estate , then visit our site on how to choose the best Singapore Properties for your needs.
posted by X - Men @ 2:28 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home