The conventional agent commission for advertising an HDB flat in Singapore is usually two% from the transacted rate, Though this level is negotiable and never lawfully fixed. Some companies, which include Ohmyhome and Homeseller, provide decreased, fixed commission premiums, with some starting up as little as one% or perhaps a flat price of $one,999. The commission is paid by the seller to their appointed agent, which rate covers A variety of expert services, such as promoting the property, coordinating viewings, negotiating with prospective prospective buyers, and managing the mandatory HDB resale paperwork. To get a flat offered at $600,000, a 2% commission would volume to $twelve,000, when a one% level would be $6,000, not such as GST. It really is a typical follow for sellers to interact one agent to characterize their pursuits, with the customer’s agent, if a person agent commission for selling hdb 90 23 is used, often receiving a portion of the vendor's Fee by way of a co-broking arrangement. Also, sellers really should be familiar with other opportunity prices, which include lawful expenses plus the HDB resale levy.