The typical agent Fee for providing an HDB flat in Singapore is typically 2% of your transacted value, Whilst this charge is negotiable instead of legally mounted. Some organizations, like Ohmyhome and Homeseller, offer you lessen, set commission premiums, with a few commencing as little as one% or a flat payment of $1,999. The Fee is compensated by the vendor for their appointed agent, which charge addresses A selection of products and services, such as internet marketing the property, coordinating viewings, negotiating with prospective customers, and dealing with the mandatory HDB resale paperwork. For just a flat bought at $600,000, a two% Fee would amount to $12,000, while a 1% price will be $6,000, not which includes GST. It truly is a typical follow for sellers to interact an individual agent to depict their passions, with the client’s agent, if a single is utilised, typically obtaining a part of the seller's more info commission via a co-broking arrangement. On top of that, sellers should really be familiar with other opportunity prices, which include lawful expenses along with the HDB resale levy.