agent commission for selling hdb 90 23

The typical agent Fee for marketing an HDB flat in Singapore is often 2% on the transacted price, Though this level is negotiable and never legally fastened. Some agencies, including Ohmyhome and Homeseller, present lower, set commission premiums, with a few beginning as low as 1% or maybe a flat fee of $1,999. The commission is paid by the seller to their appointed agent, and this price handles An array of solutions, which includes marketing the property, coordinating viewings, negotiating with prospective customers, and dealing with the mandatory HDB resale paperwork. For just a flat bought at $600,000, a two% Fee would amount of money to $twelve,000, though a one% amount could well be $six,000, not together with GST. It is a standard observe for sellers to have interaction only one agent to stand for their pursuits, with the customer’s agent, if just one is applied, generally obtaining a part of the seller's commission via a co-broking arrangement. On top of that, sellers should really be familiar with other opportunity expenditures, for instance authorized charges get more info and also the HDB resale levy.