The common agent Fee for offering an HDB flat in Singapore is often 2% in the transacted rate, Though this amount is negotiable and not legally fastened. Some organizations, 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 services, which includes internet marketing the property, coordinating viewings, negotiating with possible customers, and dealing with the required HDB resale paperwork. For your flat bought at $600,000, a two% Fee would total to $twelve,000, when a one% amount might be $six,000, not which include GST. It can be a standard click here exercise for sellers to interact one agent to characterize their passions, with the client’s agent, if one particular is utilised, typically getting a portion of the seller's Fee via a co-broking arrangement. Moreover, sellers need to pay attention to other likely fees, including legal service fees as well as HDB resale levy.