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Cherie (2)

Few months later, I received a call from Cherie.

Cherie said, “BT, a piece of good news for you. I just found you an Indonesian buyer. The price is about $XXX psf. Do you want to sell it?”

I said, “So fast! You must be kidding. Have you sold your units?”

She said, “We sold them long time ago. I just bought one unit at Orchard Road area. Are you interested?”

She added, “I share with my colleagues.”

I said,” No money Liao. Is it a good price?”

She said, “Definitely.”

Then, I said, “Ok lor.”

She said, “Very well.”

We made an arrangement for her to meet me in my office the same day for the signing of documents.

Few hours later, she came to my office, she told me that in order for her to negotiate with the buyer and close the deal fast, she requested me to sign on different Option to Purchase forms with different psf and leave the period of option to purchase blank. I did what she has told me.

Two days later, a Thursday, Cherie called me and told me the buyer has made the offer of $XXX psf and I can collect the option money anytime on that day. Since I was quite near to her office when she called me, I told that I will meet her in her office.

Moment later, I met her in her office. She told me that the buyer has requested to extend the deadline of the exercise of option to six week and then, she handed to me a cheque.

When I saw the cheque, the name on the cheque appeared to be a Singaporean. So, I asked, “I thought you have informed me that the buyer is an Indonesian. How come the owner of the cheque is a Singaporean?”

She said,” Oh. The buyer doesn’t have an account in Singapore. My colleague helps him to issue this cheque. ”

I said, “I see. Then, Ok lor. Anyway, six weeks is not that long.”

I took the cheque from her and I dropped the cheque in the quick cheque deposited box on the way back.

It was Monday afternoon the following week; I received a call from the bank that I have deposited, a lady told me that the said cheque was not honour. I was very surprise.

After I hung up the phone, I called Cherie.

Cherie told me that her colleague has deposited the money on Friday, which was too late. So, she told me she will ask her colleague to bank in cash to my account immediately.

When I told her of the above-mentioned matter, I was quite angry and worry that the buyer might have not have money to exercise the option and then she sensed it and she said, “BT, don’t worry. They have no reason not to exercise the option."

Then, I said, “Since the cheque was not honour, I can void the deal.”

She apologize and said, “BT, Please don’t do that to me. It’s my fault. The buyer may sue me. I owe you one treat."

Then, I said, “Since you are my friend, I give you one more chance. By 1 pm, I wanna to see the money in my account. “

She said, “Sorry lor. Once My colleague bank in the cash, I will call you.”

We hung up the phone.

About half an hour later, Cherie call and she said, “BT, I have bank in the cash. Sorry lor. Please check your account”

After I hung up her phone, from on-line banking, I noticed that the money has deposited in my account.

The same evening, I called another friend who is an agent. I told him about the incident then I realized that Cherie was selling an option to another agent or agents. My friend told me that many agents did that although it was against ethical code of agents.