How to choose the right real estate agent for property search and sale?

Look at the agent track record for consistent awards every month. Khai Rambo is very consistent award achiever every single month.

Many agents claim to be “Top Agents” how can I be sure that the Khai Rambo is one of the best?

The single biggest misunderstanding about that term comes from what determines the status. If you work in a small company with few agents Top Agent could be a designation given to an agent who sold three homes in a year based on the relative productivity of the firm or office. Statistics are skewed. Khai Rambo is the top agent in Propnex, biggest real estate company in Singapore and we are in the #1 office for all real estate companies in Singapore. When he say he do well he has to do well to be in this category since our competition for “top” is fierce. This translates into a strong environment to work in Propnex with effective agents networking, marketing and sharing their inventory and future listings with each other which means accurate and new home opportunities for buyers.

If Khai Rambo is so successful, how will I know that he has time to attend to my needs?

Khai Rambo has taken multiple steps to insure that every one of his buyer’s and seller’s needs are attended to. He is highly experienced agent with an established structure of support for our clients. From the attention to detail to the communication with clients, he is able to offer far more services.

Do Khai Rambo has an area or region of primary focus?

Khai Rambo intentionally chose to work in the CCR (Central Core Region) & OCR (Outside Core Region) of Singapore because it allows him to market properties and assist buyers from all over Singapore. He is consistently working on transactions from residential to commercials and his marketing strategies are efficient in all of these areas.

Cass Rules Uk

By | February 2, 2022

Protecting client funds plays an important role in helping the FCA achieve its objectives. For example, CASS protects consumers` assets and money when a business breaks down, showing how it ensures an adequate level of protection for consumers. The source book also improves the integrity of the financial system by giving participants confidence that their money is protected. Finally, the Cass Rules establish a minimum standard of protection that allows for a competitive market for investment and custody services. There are three types of CASS business types: small, medium and large. It`s important to know how your business will be ranked, as rules and regulations vary depending on the size of the company`s CASS. You can determine which category your business belongs to by calculating the size of your clients` funds and/or deposit accounts. Your business should make an annual notification of the money and assets you hold to determine if you are small, medium or large. When a financial service provider owns or controls client funds or assets, it must follow the rules outlined in the FCA`s Client Asset Directory (CASS). This guide from DeltaNet International explains what CASS is, how companies are classified, and how they can comply with relevant regulations. Client Assets Sourcebook rules are designed to protect clients` liquidity and assets from the potential insolvency of the financial institution (banks, custodians, investment banks, brokers or insurers) that holds them. The principle of the rules states that if a financial institution fails, a receiver can quickly enter the company and return the assets to customers.

You must follow the rules set out in the Client Asset Directory (CASS) when holding or controlling client funds or custodial assets in the course of your business. Some of the FCA`s strictest regulations apply when a company holds its customers` money. It is imperative that it be separated from the company`s own money and protected in case of business failure. This is where the CASS rules come into play. When a financial service provider holds or controls client funds or assets, it must follow the rules set out in the Financial Conduct Authority`s (FCA) Client Asset Directory (CASS). These rules are designed to mitigate all risks to clients` funds and assets if a company goes bankrupt and leaves the market. The CASS contains 13 sections, each describing the rules for the types of procedures performed by a company. Specific rules for holding client funds can be found in CASS section 7. It is your responsibility to ensure that your company complies with CASS in all its day-to-day activities and procedures. The FCA Manual identifies three main requirements: The following articles review various elements of the CASS Rules: CASS contains many registration requirements that are listed throughout. The collapse of the financial company Lehman Brothers is a prime example of the terrible consequences of non-compliance with regulations on customers` money and wealth.

Lehman Brothers was heavily involved in the mortgage market and until 2008, the bank held thirty times more real estate products than capital. However, the company had borrowed far too much money to finance its mortgage investments. When the market turned around, Lehman couldn`t sell so many risky, low-rated mortgages. In the first half of 2008, the company lost 73% of its value. Of course, investors withdrew from them because they lost confidence in their integrity and competence. The collapse of Lehman Brothers changed the financial sector in the United States, which had global implications. Stock markets collapsed and debt soared. Smarsh, Inc.

assumes no responsibility for the accuracy or completeness of this information. Please contact a lawyer for specific information about the specific rules and regulations and how they apply to your business. The FCA`s Client Assets Sourcebook (CASS) contains rules that companies must follow when holding or controlling client funds or custodial assets. CASS helps ensure the safety of clients` funds and assets when a company goes bankrupt and leaves the market. Learn how to follow our rules for customer assets, including sending a return on your customers` assets. .

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