{"id":123759,"date":"2021-12-12T00:02:00","date_gmt":"2021-12-11T17:02:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-agents-pocket-almost-2b-in-commission-as-house-prices-rise\/"},"modified":"2021-12-12T00:04:21","modified_gmt":"2021-12-11T17:04:21","slug":"real-estate-agents-pocket-almost-2b-in-commission-as-house-prices-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-agents-pocket-almost-2b-in-commission-as-house-prices-rise\/","title":{"rendered":"Real estate agents pocket almost $2b in commission as house prices rise"},"content":{"rendered":"<p>&#013;<br \/>\nReal estate agents are hoping for a record breaking 2021 as they pocket more than a billion dollars in commission fees on the back of skyrocketing house prices.A Herald calculation estimates agents earned $2 billion in commission&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12492486&amp;ref=rss\" target=\"_blank\" rel=\"noopener\">Real estate agents pocket almost b in commission as house prices rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Real estate agents are hoping for a record breaking 2021 as they pocket more than&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123759","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wc7","jetpack-related-posts":[{"id":120189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-probes-into-agents-commission-rates\/","url_meta":{"origin":123759,"position":0},"title":"URA probes into agents\u2019 commission rates","date":"February 5, 2021","format":false,"excerpt":"\r URA probes into agents\u2019 commission ratesThe move comes amid a hike in commissions as well as market speculation of new\u00a0cooling measures\u00a0as residential property prices continue to increase despite economic woes. The Urban Redevelopment Authority (URA) has queried housing developers on the latest commission rates they pay property agents to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/property-agent-house-and-keys.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":107976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-agents-ordered-to-repay-thousands-of-dollars-after-double-dipping-on-commission\/","url_meta":{"origin":123759,"position":1},"title":"Real estate agents ordered to repay thousands of dollars after double dipping on commission","date":"June 11, 2019","format":false,"excerpt":"\r Two real estate agents have been censured and one ordered to repay thousands of dollars to a vendor after taking commissions on a sale from both the seller and buyer.Kamal Sharma and Wayne Keene were both found guilty of unsatisfactory...\r \r Source : nzherald.co.nz\/Property\r Read more...Real estate agents ordered\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-steps-up-regulation-of-real-estate-agents-as-lived-in-homes-market-shows-signs-of-recovery\/","url_meta":{"origin":123759,"position":2},"title":"China steps up regulation of real estate agents as lived-in homes market shows signs of recovery","date":"May 12, 2023","format":false,"excerpt":"\r China\u2019s housing authorities and market regulators said in a notice that real estate agents should lower their commission fees \u201creasonably\u201d based on the principle of \u201cthe higher the transaction amount, the lower the commission rate\u201d and guide both sellers and buyers to share the fees.\r \r Source : South\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-flipping-tougher-action-against-real-estate-agents-needed\/","url_meta":{"origin":123759,"position":3},"title":"House flipping: Tougher action against real estate agents needed","date":"March 10, 2017","format":false,"excerpt":"\r The nation's real estate industry watchdog says tougher action against misbehaving agents is necessary to remind them of their obligations to act in the best interests of commission-paying sellers and that there are consequences for...\r \r Source : nzherald.co.nz\/Property\r Read more...House flipping: Tougher action against real estate agents needed","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-flipping-tougher-action-against-real-estate-agents-needed-2\/","url_meta":{"origin":123759,"position":4},"title":"House flipping: Tougher action against real estate agents needed","date":"March 10, 2017","format":false,"excerpt":"\r The nation's real estate industry watchdog says tougher action against misbehaving agents is necessary to remind them of their obligations to act in the best interests of commission-paying sellers and that there are consequences for...\r \r Source : nzherald.co.nz\/Property\r Read more...House flipping: Tougher action against real estate agents needed","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47387,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-flipping-tougher-action-against-real-estate-agents-needed-3\/","url_meta":{"origin":123759,"position":5},"title":"House flipping: Tougher action against real estate agents needed","date":"March 10, 2017","format":false,"excerpt":"\r The nation's real estate industry watchdog says tougher action against misbehaving agents is necessary to remind them of their obligations to act in the best interests of commission-paying sellers and that there are consequences for...\r \r Source : nzherald.co.nz\/Property\r Read more...House flipping: Tougher action against real estate agents needed","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123759"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123759"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123759\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}