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Hi, my tenant has been with me for 4 years now and i have been paying the agent fee for the rental 2 times. Do i need to continue paying the agent fee if my tenant choice to renew the tenancy for another 2 years?
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3 Answers

Hi Yuhchien,

You can negotiate with your agent on the commission on the renewal perhaps, especially if the rental has been smooth all along, giving no issues or the agent is able to settle any issues that comes along without much disturbances or inconveniences created for you. Imagine if the tenant does not renew the lease, you will not only have to pay the agent fees each time, the handing and taking over of the property plus rectification of any potential defects and loss in rental due to the turnover period could mean more loss than paying commission for the renewal.

Hope the above helps.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi Yuhchien,

Perhaps you may like to negotiate with your agent for a lower commission if it has been smooth and plain sailing in the lease agreement all these years.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Yuhchien,

It will be depend on your agreement with your agent
You can discuss further with your agent on this

I will be glad to assist
I am well versed in rental and has done many rental transactions
Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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