Difference between Commercial Real Estate Agent and Residential Agent

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Difference between Commercial Real Estate Agent
and Residential Agent

• The commercial real estate agents in
  Singapore deal with commercial properties. The
  people who need to start a new business venture
  in Singapore or needs to expand their operations
  to the island nation would need a commercial
  property. The commercial real estate agents will
  help you to find the best properties that would
  be ideal for your business needs. You will be
  able to choose a place in a wonderful
  neighborhood where prominent business enterprises
  have their units. This will help to boost your
  business prospects especially when you are
  starting a new venture in the country.

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• The residential agents help you to find
  living spaces and apartments. You will be able to
  find a property that falls within your budget to
  stay with your family or friends in the country
  with the help of residential agents. When you
  contact a real estate agent who is specialized in
  residential properties, you will be able to buy
  properties based on your exact needs. You would
  want a place that is easily accessible from your
  workplace. You would also want easy access to
  hospitals, shopping streets, schools and the
  other basic necessities. When you seek the aid of
  a residential agent who has completed the real
  estate licence course, you will be able to meet
  these needs with ease. The agent will take care
  of the documentation works too which will enable
  you to move in to the new place after completing
  the transactions. You will not have to go to the
  offices of various authorities to get these tasks
  completed.

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• The returns earned by the commercial and
  residential agents depend on the amount of deals
  they complete each fiscal year. The profit
  margins would be higher for commercial agents
  compared to the residential salespersons.
• Both commercial agents and residential
  agents have to complete the stipulated license
  course conducted by the CEA from a reputed RES
  course provider. The agents gain the license to
  work in the real estate industry only upon
  successful completion of the RES course. Hence,
  you do not have to worry about the authenticity
  of the agents dealing with commercial and
  residential properties in the country.

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