My Answer with regards to your Question:
Terminating an agency agreement can be a delicate process, and it's important to review the terms and conditions outlined in the agreement you have with your agent. Here are some general steps you may consider:
Review the Agency Agreement: Examine the terms and conditions in your agency agreement, paying particular attention to any clauses related to termination, disputes, and commissions. The presence of a mediation and arbitration clause means that you may need to explore these avenues before taking legal action.
Communicate with Your Agent: Before taking any formal steps, it's advisable to communicate your concerns directly with your agent. Share your dissatisfaction and discuss the issues you've encountered. Some misunderstandings or problems may be resolved through open communication.
Follow the Termination Procedures: If the agency agreement outlines specific procedures for termination, follow them carefully. This may include providing written notice within a certain timeframe.
Mediation and Arbitration: If there is a mediation and arbitration clause, you may need to engage in these processes as specified in the agreement. This is typically done to resolve disputes without resorting to legal action.
Seek Legal Advice: If you are unsure about the legal implications of terminating the agreement or if you believe you are entitled to a commission refund, it's advisable to consult with a real estate attorney. They can provide guidance based on your specific situation and the terms of your agreement.
Complaint to CEA: If you have exhausted all other avenues and believe that your agent's conduct violates ethical or professional standards, you may consider filing a complaint with the Council for Estate Agencies (CEA) in Singapore. The CEA is responsible for regulating the real estate agency industry and may investigate complaints against property agents.
Remember that the specific details of your situation, as well as the terms of your agency agreement, will play a crucial role in determining the appropriate course of action. Seeking legal advice is recommended for personalized guidance based on your circumstances.
- - I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)
Able Toh-ERA, Singapore Mobile :(
+65) 9856 9255
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(PART 2 OF 2)
2 CHOICES Highly Recommended for you!
(1) GOOD CHOICE: CONNECT with me at:
Able Toh-ERA, Singapore Mobile :(
+65) 9856 9255
OR
(2) WISE CHOICE : SAVE my name and mobile for your FUTURE Real Estate Needs for Your OWN NEEDS or REFERRAL NEEDS : Your FAMILY /FRIENDS NEEDS ( As I try my best to PRO a network of Professionals such as lawyers , Mortgage bankers or Home insurance specialist or partnering with other co-broke property agents ) to make property Purchase / Sales / Rent a TIME & EFFORTS SAVING Journey For You :)
Please Choose and Hopefully you DO IMPLEMENT :)
Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be No FEES / Commission Charged to you. (If required a fee for some situations, I will discuss further and seek your approval first)
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