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Investing in agents, tech for the future

Fresh property news selection on November 27. 2019, Wednesday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to [email protected] so our editors can use them as sources.


LOCAL property agency Huttons Asia is looking to hire more property agents at a time when more buyers and sellers are opting to do without them, and star agents have left the firm, according to its chief executive.

"We're definitely recruiting," said chief executive officer Goh Kee Nguan. "I think we recruit both traditional, non-traditional agents, all sorts of agents. I think we're very open, so we definitely want as many agents to join us as possible."

Huttons was the fourth largest in Singapore in terms of sales force, with 3,067 agents at the start of the year, behind PropNex Realty, ERA Realty Network and OrangeTee & Tie.

But, of the four, it was the only one whose agent strength had dipped. At the start of 2018, Huttons had 3,207 agents, based on Council for Estate Agencies data.

Last September, Ken Low, apparently known for leading one of the biggest teams of real estate agents at Huttons, left the company after seven years.

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