Yes, you can absolutely sell your private property in Singapore without an agent.
This is commonly referred to as "DIY selling" or "For Sale By Owner" (FSBO).
Here's where you can find the relevant documentation and resources:
Council for Estate Agencies (CEA): The CEA website provides comprehensive guides and checklists for sellers, covering the entire process of selling a private property. You can find information on legal requirements, necessary documents, and best practices.
Inland Revenue Authority of Singapore (IRAS): The IRAS website has detailed information on stamp duties applicable to property transactions, including the Seller's Stamp Duty (SSD).
Singapore Land Authority (SLA): The SLA website offers resources on land titles and property ownership information.
Online Property Portals: Platforms like PropertyGuru and 99.co allow you to list your property for sale without an agent. They often provide guidance on the selling process and templates for listing agreements.
Lawyers: You will need to engage a lawyer to handle the legal aspects of the transaction, such as preparing the Option to Purchase (OTP) and Sale and Purchase Agreement (SPA). They can also advise you on any legal matters that may arise during the process.
Key Documents You'll Need:
Option to Purchase (OTP): This is a legal document that outlines the terms and conditions of the sale.
Sale and Purchase Agreement (SPA): This is a more detailed contract that formalizes the sale and includes specific clauses on payment, completion date, and other terms.
Title Deed: This document proves your ownership of the property.
Property Tax Receipts: You'll need to provide proof of up-to-date property tax payments.
Tenancy Agreement (if applicable): If the property is tenanted, you'll need to provide the tenancy agreement to the buyer.
By utilizing these resources and ensuring you have all the necessary documentation, you can successfully sell your private property without an agent. However, be prepared for a potentially longer and more involved process compared to using an agent. If you have any doubts or concerns, consult with a legal professional for guidance.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
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like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
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(***) You can check out my reviews here:
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For buyers, I offer solutions for sourcing resale and new private homes at no charge.
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I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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