The regular agent commission for advertising an HDB flat in Singapore is typically 2% of your transacted value, While this price is negotiable and never lawfully preset. Some agencies, for example Ohmyhome and Homeseller, give reduce, mounted Fee fees, with some commencing as little as one% or simply a flat charge of $1,999. The commission is paid out by the vendor for their appointed agent, which rate handles a range of providers, like advertising the home, coordinating viewings, negotiating with likely prospective buyers, and managing the mandatory HDB resale paperwork. For just a flat bought at $600,000, a two% Fee would amount of money to $twelve,000, though a one% level could well be $six,000, not together with GST. It is a standard observe for sellers to have interaction only one agent to stand for their pursuits, with the customer’s agent, if just one is applied, generally obtaining a part of the seller's commission via a co-broking arrangement. On top of that, read more sellers should really be familiar with other probable charges, for example authorized fees and the HDB resale levy.