GS Realty Agent Training By Chester Lim Day 2

GS Realty Agent Training By Chester Lim Day 2 at SuperStar Agent Office time 7pm, topics cover as below,

1. Legal Matters By Mr. Jason Kong of Yap & Loo Advocates & Solicitors
2. Banking Matters By Mr. Kong of OCBC Bank
3. IProperty.com website By Ms. Cherise Ling

1952 Legal Matters by Jason Kong

1. Legal Matters

Sale & Purchase Agree Lawyer's Fee Calculation

 

2. Banking Matters

 2105 Banking Information By Mr. Kong

2a. CICRIS Report

2b. CTOS Report

2c. Debt Service Ratio (DSR)

      Bank Facility Debt + New Installment / Net Income + Others Income

      < $3K  = 60%

      <=$8K = 70%

      > $8K  = 80%

     E.g:-

     Bank Facility = Car Loan($500)+Personal Loan($150)+Credit Card($500)+Existing Housing   

                               Loan($500)+New Housing Loan($1200)=$2850

     Net Income = $5000 + Tenancy 80%($600)=$5600

     DSR= $2850/$5600= 50% ( < =$8K=70%)

3. iProperty Benefits & Specialty Briefing

2203 Iproperty By Cherise Ling

Iporperty is a best property website in Malaysia at the moment and also most expensive internet services provided.

Special package promotion for GS Realty agents only.

2300 Free copy of iProperty.com Magazine.

2301 End of Agent Training, Best wishes from Chester Lim.

 www.digital.wms2u.com