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SRI DAMASARA PROPERTY AGENT - FEE?

 
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myone7218



Joined: 10 Feb 2006
Posts: 1

PostPosted: Wed Oct 17, 2007 3:30 pm    Post subject: SRI DAMASARA PROPERTY AGENT - FEE? Reply with quote

few question need clarification:-

I am selling an aprt in Sri Damansara SD2 aprt for Below RM100k,

a)What is the standard fee or max fee can the agent charge me?

b) In normal situation,how long it takes to complete the S&P + buyer's loan release?

c)If the buyer,wanted to rent while pending the "paper wrok n loan" complete.How do we treat this?DO we need an additioanl clause in the S&P agreement?or a seperate agreement?

D) can i get the Potential buyer to register the TNB & water under their name once the sign teh S&P?

E)The 10% downpayment upon sign S&P,Why the agent told me the buyer "No cash" and asked to wait for EPF withdrawal? but she will collect her "fee" in advance from so calleed Booking fee. Any RISK here?

Thanks
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Armageddon



Joined: 13 Aug 2005
Posts: 25
Location: Kuala Lumpur

PostPosted: Sun Nov 18, 2007 10:10 am    Post subject: Reply with quote

a) the agent can charge you for maximum 2.75% of the purchase price.

b)normal situation, 90 days after the signing of S&P or any letter of concent from gov or any related party.

c) it is advise to ask purchaser's lawyer to draft out 2 set of agreement. you can read it and think whether to accept or not.

d) TNB and PUAS will accept if there is a standard S&P show to them.

e)She scare you will change your mind and not paying her commision in future. so, the downpayment she keeps first. Don't worry, thousand of estate agents pratice that way.
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