Henry Chung, Partner: Litigation and Contracts Tel and WhatsApp 641 99999 

Where to Get information about a Property?
Wills, Succession Planning and Estates

Notes on appointing an estate agent

  • estate agent practising in Hong Kong must be licensed. But it is easy find one who is licensed
  • the appointment can be made in a way of "single agency" (i.e., the agent represents only the buyer) and “dual agency” (i.e. the agent represents both the buyer and the vendor)
  • estate agent will sign with you an estate agency agreement.
  • before signing you should understand the various terms, including validity period of the Agreement (usually 3 months) and agreed commission paid by buyer and seller (usually 1% each BUT the amount or % is negotiable) and other special terms of the Buyer (if applicable)
  • ask for a receipt upon paying a fee