AskGuru Q&A Community

1. You can negotiate on the renewal fees from the beginning prior entering into tenancy agreement. It can probably boil down to who is the more desperate party, landlord or salesperson. If this aspect cannot be agreed on, deal will fall through, landlord needs to restart in searching for another prospect probably through another salesperson. If salesperson is desperate because they have not closed a case for sometime, they may just accept that there is no renewal fees applicable.

2. You are probably quite right that there is minimum effort for the renewal process since no marketing costs involved, however, in event that tenant does not renew, you have to restart the whole process of handing and taking over, marketing the property for rent and probably result in loss of rental income for maybe 1 week or more? The process of negotiating a renewal could also be tricky. For example, I am negotiating on behalf of tenant (I represent tenant) in a renewal case where landlord is finding it difficult to reduce the rental. The loss of rental income could be more significant that how much the salesperson spend in marketing for your unit due to change of tenants.

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

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

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

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi, for renewal fee, you could always negotiate with your agent. There is no right or wrong answer to it.

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

Hi,
The renewal fee can be discuss with your agent. More importantly did he assist you to follow up with the tenant during the last tenancy.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Dear landlord,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Same tenant for the renewal lease, agents will be entitled for renewal commission.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | Today’s SG Professional l SGAgent.com & SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgagent.com / sgrealtor.com
Skype: incomecare

Strictly by Appointment for New Launch Genuine Buyers Only - NewLaunchDeals.com

Our Clients' Success Is Our Success
“Clients’ always at ease putting their properties with us”

Our SG Realtor Services Youtube
Commercial - https://www.youtube.com/watch?v=brxduV0p85o
Residential - https://www.youtube.com/watch?v=eoMGp5nmSuI

Singapore Professional Networks “SGProfessional.com”- I pledge myself to maintain honesty and uphold integrity, to pursue my profession and education so that I may provide my clients with outstanding services. Read More