The conventional agent Fee for providing an HDB flat in Singapore is typically 2% of your transacted price tag, although this fee is negotiable instead of legally set. Some businesses, such as Ohmyhome and Homeseller, supply decreased, fixed commission costs, with a few starting as low as 1% or possibly a flat rate of $one,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 could well be $six,000, not together with GST. It is actually a standard observe for sellers to have interaction only one agent to check here stand for their pursuits, with the customer’s agent, if just one is made use of, normally acquiring a part of the seller's commission through a co-broking arrangement. Additionally, sellers should be familiar with other opportunity prices, which include authorized costs as well as the HDB resale levy.