SINGAPORE - Online ratings of property agents will now be standardised across the real estate industry in Singapore following the launch of a new guide by the Council for Estate Agencies .
On Thursday , Minister of State in the Prime Minister's Office and Ministry of National Development Tan Kiat How said it is a necessary step to help consumers find agents that suit them when conducting their searches online. The guide also includes recommended safeguards to verify the authenticity of the transaction and client's identity to prevent false ratings, said Mr Tan.
Three property agencies - ERA Realty Network, OrangeTee & Tie and Huttons Asia - along with Singapore Estate Agents Association and property portal PropertyGuru have committed to adopt the guide in their online rating portals.There are around 1,200 property agencies and 30,000 agents in Singapore.