The conventional agent Fee for providing an HDB flat in Singapore is typically 2% of your transacted value, Whilst this charge is negotiable rather than lawfully set. Some businesses, which include Ohmyhome and Homeseller, provide decrease, preset commission charges, with a few setting up as low as 1% or even a flat cost of $one,999. The Fee is paid by the seller to their appointed agent, and this payment addresses A selection of services, such as 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 applied, normally acquiring a part of the seller's commission via a co-broking arrangement. On top of that, sellers should really be familiar with other opportunity prices, for instance authorized costs as well as the HDB resale levy.