agent commission for selling hdb 90 23

The conventional agent Fee for providing an HDB flat in Singapore is often two% from the transacted price tag, Whilst this rate is negotiable and not legally fixed. Some agencies, including Ohmyhome and Homeseller, offer you decrease, fastened Fee costs, with some starting up as low as 1% or a flat fee of $one,999. The Fee is paid out by the seller to their appointed agent, which rate handles A selection of expert services, which include advertising the property, coordinating viewings, negotiating with potential potential buyers, and managing the required HDB resale paperwork. To get a agent commission for selling hdb 90 23 flat sold at $600,000, a two% commission would amount of money to $twelve,000, whilst a one% amount might be $6,000, not such as GST. It is actually a typical apply for sellers to have interaction an individual agent to signify their passions, with the buyer’s agent, if just one is employed, often getting a percentage of the seller's commission via a co-broking arrangement. In addition, sellers should really pay attention to other potential charges, such as legal expenses and the HDB resale levy.

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