Confronting Homeseller On The Property Agent Drama

[@xfall86]

Wahaha i like this guy. Confident. Shaking up the agent biz lol Gotta love disruptors

[@jennytan71]

Patrick comes across as being down to earth and honest. One of my friends sold her property thru him and was happy with the service and price she got for her flat, our mutual friend engaged an agent which charged her 2% comm , service was same and flat price sold was in the same range. The math says it all.

[@ericlim9944]

WAS a real estate agent, a DIY buyer. We saw more than 20 units across 4 weekends, n that was the ST era. Property guru was just starting. Definitely encountered agents who tried to collect dual comm. I also advised at least 3 friends who encountered such instances and called me due to my past agent experience. My own agent experience also tells me the “tricks” that agents will use. Staging the house is just a small trick. I seen real “staging”, fake buyers offering fake offers to convince sellers to lower their asking price also happen before. Patrick is a breath of fresh air in the industry.

[@XMMERSiVE]

Without a doubt, Patrick's grit serves to remind all of us how to hustle in today's landscape! Kudos Patrick! 🎉

[@andyho2059]

Tis Patrick is a very classical reminder tat success is a process of failing and getting back up and failing again and again only to get back up better. Tis resilience is probably wats lacking in tis era where ppl expect to succeed be it in business or investing at first try. Seeing all the positive comments shows tat even if u are ah beng, as long as u are genuine and honest, ppl will still value and do business with u.

[@alishaheedmohammad]

What a refreshing interview with a real businessman. Love this dude

[@Victor-rt3fx]

Patrick helped us to sell a HDB under estate management for a fixed fee. Good job. I am in no way related to him.

[@steventay5834]

Of course lah. He knows HDB is moving fast. Instead of going to find sellers and charge 2% is very challenging..So they charge $1999. Easy money lah

[@Victor-rt3fx]

@@steventay5834 As a satisfied seller, I don’t see any problem with it. Only those agents are sore and sour about it.

[@WeimingXie-zk3rm]

Time to make property agent work harder for their money! Patrick is honest and transparent

[@lootster]

Patrick seems like a no-nonsense, straightforward, and transparent property agent. I’ll definitely consider engaging him if I need an agent in the future.

[@Bieffe]

Salute to Patrick, well done and brave. Most of the items make alot of sense.

[@simonangkc]

I like this idea of giving owners options of selling their own properties. Firstly to reduce selling costs through agents fees and secondly owners don't have to deal with the negotiations and paperwork. Obviously there are pros & cons with these arrangements like how to deal with buyers giving you negative feedbacks and buyers throwing in low ball offers. These are some of the challengers owner may face and may not be comfortable dealing with buyers directly. I'm willingly to give it a short and prepare mentally on dealings with any negative feedbacks and finally don't take it personal on buyer's comments. All these may have one intention of bringing the price down physiologically, but I choose to see that the buyer is actually interested in my property.

[@kevinkwa]

Kudos to Patrick...continue be genuine and all the best!

[@edwinong878]

Really enjoyed this segment. Love all the information shared.

[@billtay2839]

I am glad that Patrick of Homeseller is gaining popularity with more and more interviews. Perhaps The Daily Ketchup is next?

[@ccteo0308]

The absence of fear of failure happens when you got nothing more to lose. I admired Patrick for that never say die spirit, the resilient to keep going, to stay positive in spite of all the setbacks he suffered before. What he did, his business model will benefit us consumer. The unspoken commission percentage sounds like a collusion between the big more established real estate agencies/firms.

[@lenthils]

I'm going to give him business soon. Agree with all his points.

[@steventay5834]

Best we sell DIY. Hdb resales process is very straightforward. Save money

[@jia110]

I wish someone explore that for insurance. Because i see a lot of agents closing sales genuinely ** but celebrating how much money they made. Clearly not bothering about the customer

[@Charliesummer1]

Check out providend insurance! Their business model is a fixed fee instead of commission as well. Their co-founder seems to have a more measured approach to insurance/investment products compared to other insurance agents imo.

[@Ace-bm3ys]

Patrick highlighted all points to perfection. Very logical.while a 1-2 interviewers asked stupid qns which everyone also know the answer. 😂 Overall it’s a great interview though. Home sellers will get my vote from today onwards. Good job.

[@hgft274]

This guy got grit. He will succeed.

[@garlicbread68]

Ure joking right. U need more than grit to disrupt this age old industry that’s controlled by the rich and influential.

[@hgft274]

@@garlicbread68 u r the joker lol. Rich and influential...please la. U looking at an ahseng ahkow industry

[@WhereNextJournal]

It’s true. My agent told me she turbo etc but I see the refresh is weeks ago. Must check and not blindly believe.

[@greyzonee8242]

At least he is honest. I had a local Chinese male agent J, AMS now should be in his 40s who sold a loanshark-infested flat without blinking an eye. He represented the seller. That agent just left the buyer to face hell.

[@beedeebee179]

There is only 2 type of people who will succeed, either father is rich, or you have nothing to lose. People who are in the middle, usually with education and comfortable job, they are less likely to take risk.

[@Ace-bm3ys]

In the past, when HDB were in the under 100k price range, it is still justifiable for agents to take a 2% commission. But the price for houses now is so high, even 1% is a very good commission for the agents.

[@victorlsl1]

wah, if i join this line, I will look for Patrick

[@FT-od4xv]

Make sense, why would I want to overpay for the same work/procedure. 2% on the property price now is alot, its no longer like the past.

[@therecordinglibrary5849]

We approached the company but the agent assigned to us insisted on selling at valuation price. If the seller has no say on the sales price and the valuation given to us is even below the last transacted from URA website. The money I lost through selling with your website is possibly more than enough to cover a 2% commission. The business model is really for people who are selling urgently.

[@jem8965]

Enjoyed the podcast. Jiayou Patrick 💪🏼

[@epeeeeeeeeeec]

The only people upset by homeseller are the agents who are scared the public will realize that agents charge so much while delivering minimal/standard value

[@shaunchuan3027]

Exaclty

[@jia110]

Honestly, if they have reasons to charge the fee, i can accept. BUT. They DONT. And thus the fear of these companies. Do support them as, i believe their cashflow will be alot weaker. Thus the bigger firms are hoping they close down eventually

[@coins_investmentsg]

Patrick is good la, a lot of howlian agents keep on sending me flyers of them in lambo and ferrari....asking me to let them market

[@dennisg147]

Respect his attitude to life and work ethics

[@shaunchuan3027]

I like this Patrick guy

[@beinsports9555]

Patrick 100% all facts

[@coolocean11]

I wish this service was available in 2017, I view and research the house thru myself and gotten an agent to negotiate and paper ONLY for 0.5%. Nowadays buyers/sellers are smarter and there are so many info available, why do u need an agent to tell u nice things for a big ticket item in you life time...

[@DanielWong-s8d]

How about homebuyers? able to engage with them for the fixed commission too?

[@coins_investmentsg]

only HDB buyers need to pay comm, private buyers is free!

[@JS-je3yv]

good video, great content.

[@FeliciaTan-v6f]

Hv encountered rogue agents who tried to scam me by faking option to sell & not revealing the buyer. They used proxy names as buyer, could be they trying to flip the sales at their advantage.

[@manofthehour_]

Wish Patrick all the best, put those scummy agents in their place.

[@WhereNextJournal]

He is a born salesperson.

[@TemplarLove]

29:57 this is so true!

[@darylyang2209]

Really sia I myself before I buy I walk around the Hdb I also nv ask my agent

[@MarkTan-q3n]

I would work with Patrick anytime over those flashy agents who like showing off their sports car

[@philipkoh3087]

Boon Tee today ‘Reaper’ mode😂

[@davidlim7440]

Don’t scold the 2% agent. There are 3-4% agents out there but got seller engage also. Just be aware that you can save a lot on property agent fees with people like Patrick offering a basic but sufficient service

[@lilinglim2131]

All those 2% agents eat up a lot of your profits. We regret using them to sell our condo. We didnt know got fixed fee agents back then. Dont make the mistake we made. Save your $ for reno

[@akoj3262]

people dont know propertyguru is charging really v high for listing imo. imagine if the house cannot be sold for long, then its v expensive..... but sometimes buyer comes along but they low ball till v low.... then how to sell? then have "buyer" trying to offer us slightly higher price when low offer price rejected. Sellers dont like this kind of pattern.

[@blzy3333]

Can invite Kurt tay next? 😊

[@todayinsingapore]

I don't even know Patrick until the drama but he's doing the right thing. If you know these agents, 90% are pure scum. Things are changing with Pat.

[@baymax9616]

the switching on and off the air con was a dumb question tbh

[@beedeebee179]

Hope he get back his license. All those agents has no economic value, not just property, insurance as well.

[@charleschin814]

Patrick vaping @ 50:10

[@beinsports9555]

Drink water

[@Bieffe]

No agent will tell u the neighbours here no good. Reason for sale is due to family abuse etc. Unless they have hidden agenda. Then even agent will wanna sell at record price cos will translate to record com. Must really do due diligence.

[@danielliaw]

Patrick's is really a market disrupter

[@Chsiah88]

Will remember Patrick to sell my house in future 🎉🎉

[@geeeforce]

Where all the agents now?? Where???

[@kaspertheroundghost]

Singapore is really very small. You dont need an agent to tell you where ntuc is 🙃 ownself can do research and really, we probably just wanna know why is the house being sold 😂

[@steventay5834]

Selling HDB flats for $1999 is very expensive. $600 is more reasonable

[@kichia-lk4ql]

You rather pay 2%? Some even ask for 3%

[@steventay5834]

@@kichia-lk4ql Nope. I DIY. Free of charge

[@kichia-lk4ql]

@@steventay5834 Yes u can DIY as buyer. But as seller u still need agent to list for you on ptyguru. Of cos now with HDB listing portal seller can now list themselves which is a great move!

[@ko-ix8et]

by the way, we need more singaporeans to take on the technical jobs like plumbers, constructions, nurses, engineering instead of relying on foreigners. SIngapore does need alot more talented skilled workers and we can use more talents from realtor agents ...Stop realtor agents coveting cushy sales transactions over hard skills that compete globally in alot of cases....SGpereans work 9-6 daily, punching documents, crunching data, facing stakeholders and hand their 2months or more salary before cpf cuts to pay the 2% commission, how difficult for the houseowner to earn each and every penny and how easy is it for the agent, do they work as much as the homeowner day in day out for the entire months concentrating only on the homeowner flat sales?....if a layman can process the selling by himself, what the intrinsic value that agent offers to get high pay, or are you taking homeowner's naivety in the topic of house transactions for a ride? If Homeseller can accept the cut, why can't the rest of the agents accept lesser pay, it just show that the commissions and value are so arbitrarily set in favour of realtor agents taking 2% commission.

[@BikiniCircle]

Did Patrick committed a crime to be a Property Agent when he was still in the Police force?

[@carnesir]

i am selling my house soon, i done my research. just need someone to help me market it out without paying exorbitant fees. im ok paying homeseller for this effort since propertyguru is slaughtering everyone in the homeselling space now. they need to make honest living and im fine with it. say no to the 2% agents making dishonest living

[@PHinUtube]

Why don't he starts helping people buying..... haha.... The seller's property will be 😅😅😅

[@Longtermalwayswins]

i think you need to understand that property is a BIG ticket item. when people decide to buy something this expensive, they will not outsource important things like nearby ntuc location information to agents or sellers. they rather get this information themselves.

[@ngchongsin2009]

Property agent have no value. More will work like home seller

[@CyChong-vm2uf]

Who is that keep sniffing? Mute la

[@johnboon4731]

HELLO SINGAPORE PROPERTIES SELL BY IT SELF BECAUSE THE SINGAPORE GOV HAD THIS DESPERATE UNLIMITED IMPORTING FOREIGNERS POLICY SINCE 1990 TILL NOW AND MOVE FORWARD BY 2030 SINGAPORE POPULATION MOST LIKELY CROSS 8 MILLION AGAINST FINITE LAND 100% SINGAPORE PROPERTY PRICE WILL JUST CONTINUE TO GO HIGHER AND HIGHER. IN SHORT JUST GO AND BUY PROPERTIES ONLY.🙈🙈🙈

[@denjzng]

Tried but not suitable for me.. didn't get to close my unit

[@wht9964]

Maid also can close unit u cannot ah

[@jeremyerh1]

The way he talk sound like the ah beng property agent in the past before cea

[@joshuang3968]

he can charge wdv he wants. that's his issue. the problem is him talking about other agents. that's against ethics guideline

[@gparamaeswary7276]

Does he sell condo?

[@ShemaineProperty]

yes. Hdb/condo/landed. Watch the start