REMAINING RELEVANT
At the same time, additional measures are being explored to ensure more clarity on commissions and reduce prevalence of inaccurate, fake or unauthorised property listings so that consumers can make an informed decision.
Higher standards improve the quality of advice consumers receive, but they do not guarantee that every listing is accurate. This is where the Housing and Development Board’s (HDB) resale flat listing service can play a larger role. Because HDB is well placed to simultaneously validate sale intent and streamline the transaction process, its listing portal could become a highly reliable, verified backbone for the market.
Authorities are considering enhancing the portal and potentially making it the default listing platform for HDB resale flats. They are also studying whether consumers should be able to list their own properties directly on property portals.
Read Full Article At Source
