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Hi
Granting a friend Power of Attorney (POA) to sell your flat can have several pros and cons:

Pros:
- Convenience: If you're unable to handle the sale yourself due to distance, illness, or other reasons, giving a trusted friend POA can make the process much more convenient.

- Trusted Representation: Your friend likely knows your preferences and can represent your interests effectively during the sale, potentially negotiating a better deal on your behalf.

- Faster Transactions: With POA, your friend can act swiftly on your behalf, expediting the sale process, which can be beneficial if you need to sell the property quickly.

- Flexibility: POA allows your friend to handle all aspects of the sale, including paperwork and communication with real estate agents and potential buyers, freeing you from these responsibilities.

Cons:
- Risk of Misuse: Granting POA involves trusting someone else with significant authority over your property. There's a risk that your friend may misuse this power, such as by selling the property for less than its value or mishandling funds from the sale.

- Legal and Financial Liability: If your friend makes mistakes or engages in fraudulent activities while acting under POA, you could be held legally and financially responsible for any resulting damages.

- Conflict of Interest: Your friend may have their own interests or agenda that could conflict with yours, potentially leading to disagreements or disputes during the sale process.

- Lack of Control: Once you grant POA, you relinquish control over the sale process, and your friend may make decisions without consulting you. This lack of control could lead to outcomes that are not in your best interest.

Before granting POA to a friend to sell your flat, it's crucial to carefully consider the potential risks and benefits and to ensure that you fully trust the individual to act in your best interests. It's also wise to consult with a legal professional to understand the implications and to draft a POA document that clearly outlines the scope of authority and any limitations.

John Lai
PropNex Associate Director
PropNex Realty Pte Ltd
Top Achiever Agent 2023
Award-Winning District
Certified ‘SND Save and Safe’ Consultant - Your trusted asset progression consultant.

Mobile: 8444-0899 
Email: johnlaiproperty@gmail.com

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Hi,

Yes, you sure can appoint your friend to assist you in selling your HDB via POA. However, with SingPass now, you can actually do it yourself while you're overseas, with some help (with viewings and resale submission) from your friend or a trusted agent. I will be able to assist you in handling the sale of your HDB flat and ensure a smooth transaction.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More

I understand you're considering granting Power of Attorney (POA) to a friend to sell your HDB flat while you're overseas. Here's a breakdown of the pros and cons to help you decide:

**Pros of Granting POA to a Friend:**

* **Convenience:** Saves you the hassle of returning to Singapore to handle the sale.
* **Trust:** You entrust the responsibility to someone you know and hopefully trust.

**Cons of Granting POA to a Friend:**

* **Potential for Misuse:** There's a risk your friend might act in their own interest or make decisions you wouldn't agree with.
* **Limited Expertise:** Friends may not have experience with property sales, potentially leading to a less favourable outcome.
* **Strained Relationship:** Disagreements during the sale could damage your friendship.

**Here are some additional points to consider:**

* **Clearly define the scope of the POA:** Outline exactly what your friend can and cannot do with the POA regarding the sale.
* **Consider a lawyer:** Consulting a lawyer can help ensure the POA is drafted correctly and protects your interests. While there isn't a government-recommended template, a lawyer can guide you through the process.
* **Choose your friend wisely:** Select someone trustworthy, responsible, and with good judgment.

**Overall**, granting POA to a friend is a decision with both advantages and risks. Weigh the pros and cons carefully and consider seeking legal advice to ensure you're comfortable and protected.
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To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

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For buyers, I offer solutions for sourcing resale and new private homes at no charge.

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Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

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PoA should be done up by a law firm thus you should communicate with a law firm to do up the PoA and get necessary advise accordingly. Should you have any concerns for doing up the PoA, they can also be addressed better by the law firm. If you need a law firm contact, let me know so I can link you up accordingly.

I have been in the real estate business since 2009, with more than 14 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

-----

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi,

Do you require any further assistance?

——

I have been in the real estate business since 2009, with more than 14 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.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

-----

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:
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*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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