Kezg1 5th Gear December 25, 2014 Share December 25, 2014 Asking on behalf for a friend on the above mentioned. He and the seller have signed the OTP but the Agent failed to submit the necessary to HDB for the process that requires for appointment and the 2 months have just lapsed. At this juncture , what should my friend do....thanks in advance for any feedback that will help in this case... ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 25, 2014 Share December 25, 2014 (edited) Asking on behalf for a friend on the above mentioned. He and the seller have signed the OTP but the Agent failed to submit the necessary to HDB for the process that requires for appointment and the 2 months have just lapsed. At this juncture , what should my friend do....thanks in advance for any feedback that will help in this case... first locate agent and ask the agent why and if it an acceptable reason and does not give any party problems then, get him to submit immediately by informing his agency to ensure expedition. If really bullcrap and not acceptable plus give attitude, then no choice make the necessary complaint to the licencing body, kiauw his licence lor.... Sigh.... Then re-sign OTP since willing buyer and seller and resubmit docs on your own. Note: i never transact HdB before so i am not sure of procedures and rules Edited December 25, 2014 by Throttle2 Link to post Share on other sites More sharing options...
Jasongcp 3rd Gear December 25, 2014 Share December 25, 2014 If your friend feels there is a need, he may contact CEA to report the lapse in duty fulfillment from the agent. Most of the time, it is a matter of submitting the OTP to the agency counter for them to submit the resale application which will indicate the 1st appointment date. In the OTP itself, there is a clause stating timeline for the resale application to be submitted as well. I do not think an agent whose commission is dependable on the legal completion of the resale application will sit on the exercised OTP for such a long time. This might be a case of overlook or simply bochap. Link to post Share on other sites More sharing options...
Vid Hypersonic December 25, 2014 Share December 25, 2014 Do the submission yourself to HDB. Then complaint to CEA. No need to pay agent commission. Save a lot 4 Link to post Share on other sites More sharing options...
Jamesc Hypersonic December 25, 2014 Share December 25, 2014 Do the submission yourself to HDB. Then complaint to CEA. No need to pay agent commission. Save a lot Smart move. :) 3 Link to post Share on other sites More sharing options...
Jasongcp 3rd Gear December 25, 2014 Share December 25, 2014 Do the submission yourself to HDB. Then complaint to CEA. No need to pay agent commission. Save a lot However in such case, you will have to redo the Resale Checklist and wait for the 8th day before the OTP can be re-exercised again. Do contact me if you need further information or guide. Link to post Share on other sites More sharing options...
Dafansu Turbocharged December 25, 2014 Share December 25, 2014 Failed to submit meaning apply for the HDB resale application? Sometimes need to see if the other party which is for his case the seller whether he have found his accommodation before submission. Since the agent is representing him, he should check with him what is the reason for the delay. Link to post Share on other sites More sharing options...
Count-Bracula Twincharged December 26, 2014 Share December 26, 2014 Sack the bugger! Link to post Share on other sites More sharing options...
Kezg1 5th Gear December 26, 2014 Author Share December 26, 2014 If your friend feels there is a need, he may contact CEA to report the lapse in duty fulfillment from the agent. Most of the time, it is a matter of submitting the OTP to the agency counter for them to submit the resale application which will indicate the 1st appointment date. In the OTP itself, there is a clause stating timeline for the resale application to be submitted as well. I do not think an agent whose commission is dependable on the legal completion of the resale application will sit on the exercised OTP for such a long time. This might be a case of overlook or simply bochap. Thanks All for the reply...the agent was from the seller side doing this submission and I presumed the seller might have another buyer with a higher price than my friend....so all bull n crab stories n lastly the time lapsed. It seems that nothing much can be done except some of the suggestions given above n I will advise friend ....Thanks again However in such case, you will have to redo the Resale Checklist and wait for the 8th day before the OTP can be re-exercised again. Do contact me if you need further information or guide. ok noted..n thanks 1 Link to post Share on other sites More sharing options...
Hamburger Hypersonic December 26, 2014 Share December 26, 2014 ask agent or seller for double amount of deposit, i presume to be 1K??? Link to post Share on other sites More sharing options...
Celicar Turbocharged December 26, 2014 Share December 26, 2014 Thanks All for the reply...the agent was from the seller side doing this submission and I presumed the seller might have another buyer with a higher price than my friend....so all bull n crab stories n lastly the time lapsed. It seems that nothing much can be done except some of the suggestions given above n I will advise friend ....Thanks again Whatever it is, report the agent. Don't let him get off scot free. Link to post Share on other sites More sharing options...
Wt_know Supersonic December 26, 2014 Share December 26, 2014 report the agent ... don't let him smoke the bull crap out of your friend by not reporting him means encouraging him the "scam" method he is doing now 1 Link to post Share on other sites More sharing options...
Kezg1 5th Gear December 26, 2014 Author Share December 26, 2014 report the agent ... don't let him smoke the bull crap out of your friend by not reporting him means encouraging him the "scam" method he is doing now ..will ask friend to write to propnex hq...and also to Cea....thanks Link to post Share on other sites More sharing options...
Bacteria83 Turbocharged December 26, 2014 Share December 26, 2014 Report the agent to CEA. He maybe thinking he is helping his client but they need to play by the book, not take ur friend for a ride and cost him to miss out on other potential purchase. System is there for a reason. Since after all the training he cant differentiate right and wrong, TS friend should help him. 1 Link to post Share on other sites More sharing options...
Mustank Hypersonic December 26, 2014 Share December 26, 2014 Thanks All for the reply...the agent was from the seller side doing this submission and I presumed the seller might have another buyer with a higher price than my friend....so all bull n crab stories n lastly the time lapsed. It seems that nothing much can be done except some of the suggestions given above n I will advise friend ....Thanks again ok noted..n thanks no wonder so streange one, got no submit otp isst the 1M bishan hdb Link to post Share on other sites More sharing options...
Kusje Supersonic December 26, 2014 Share December 26, 2014 If this is the case, agent seems quite stupid as his commission should not vary much unless the new purchase price is sky high? Why risk his license over a few hundred dollars? (my estimate). Link to post Share on other sites More sharing options...
Wt_know Supersonic December 26, 2014 Share December 26, 2014 (edited) yalor ... how come only after 2 months then realise the agent did not submit OTP what is the SOP duration to submit OTP and get the appointment date TS friend is sleeping or living in a cave? no wonder so streange one, got no submit otp isst the 1M bishan hdb Edited December 26, 2014 by Wt_know 1 Link to post Share on other sites More sharing options...
Kezg1 5th Gear December 26, 2014 Author Share December 26, 2014 yalor ... how come only after 2 months then realise the agent did not submit OTP what is the SOP duration to submit OTP and get the appointment date TS friend is sleeping or living in a cave? ..no ..friend have been chasing agent and ask but each time was told stories....I only happened to know last night and immediately ask forummers for feedback and advice...thks ↡ Advertisement Link to post Share on other sites More sharing options...
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