In industry, the barriers to entry into the labor market is set artificially low, it's probably no surprise that the real estate industry in the stomach for a variety of existence and untrustworthy agents. Their presence is actually the price of Singapore's reputation as a well-oiled machine.
With the alarming number of complaints, and often with a commission agent and dubious real estate development Ministry reacted the necessary countermeasures. The proposed measures are: Central approval and registration, legal framework, dispute resolution center.
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 no doubt going to bring relief to consumers who are discouraged by the present system. The new tribunal intends to inject much anticipated booster to the public confidence by having real estate specialists sitting on it.The objective is to minimize the dispute-related cost on all sides and subsequently lead to fast resolution.
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 emphasized that it does not replace existing agency settled the court. The government expects that the current system should be available, and attempts to formulate the rules and fine-tuning of the process from the stands on the official court of the agency.
The implementation of the proposal would be rolled out in stages and fully operational. The policy makers are some initiatives to deal with declining services in real estate are optimistic and hopes to eventually repair the damage they cause to. - 23204
With the alarming number of complaints, and often with a commission agent and dubious real estate development Ministry reacted the necessary countermeasures. The proposed measures are: Central approval and registration, legal framework, dispute resolution center.
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 no doubt going to bring relief to consumers who are discouraged by the present system. The new tribunal intends to inject much anticipated booster to the public confidence by having real estate specialists sitting on it.The objective is to minimize the dispute-related cost on all sides and subsequently lead to fast resolution.
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 emphasized that it does not replace existing agency settled the court. The government expects that the current system should be available, and attempts to formulate the rules and fine-tuning of the process from the stands on the official court of the agency.
The implementation of the proposal would be rolled out in stages and fully operational. The policy makers are some initiatives to deal with declining services in real estate are optimistic and hopes to eventually repair the damage they cause to. - 23204
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