7 Answers

askguru expert
Hi there, thanks for writing to us on AskGuru.

The HDB resale transaction can be a complex process. Therefore, hiring an experienced agent can help you in your selling and buying process ensuring a seamless experience from start to finish.

When you hire the same property agent, they will take care of everything on your behalf such as marketing your unit, finding suitable buyers by tapping onto their network, finding you suitable units, arranging viewings of the units, ensuring you issue the Option to Purchase (OTP) first and let the buyer exercise it before your exercise your OTP for your new home, ensuring you have sufficient time to renovate before moving out to your new home and so on. Having the same agent in your selling and buying journey ensures they can devote their time fully in what can be a stressful and arduous process.

You will find our article here useful: https://www.propertyguru.com.sg/property-guides/hdb-resale-checklist-14909

You may refer to our agent directory here: https://www.propertyguru.com.sg/property-agent-directory

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Ivan Ng
Hi,

Yes it is advisable to engage the same realtor for both transactions so to be able to ensure a smooth transition and also have a good coordination of timeline and finances planning. I have worked on various similar caaes before with hdb owners and would be happy to do the similar for your scenario.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.

-- HDB Jurong West 5-RM Sellers, Exec Apartment Purchasers, Lenz & Michelle --

We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. We got to know you thru Property Guru, where we are scouting for condo around West area. We remember that we are quite tight in our budget in purchasing the condo unit,but you are still very willingly explaining and calculating our financial liabilities. You are always having your smiles whenever we met for discussion.

We appreciated your process of selling and buying of our property are very systematically and well executed, from financial calculation to the purchase procedure of our new house. We are always being updated thru our group chat during the engagement of your service.

We would never expect such a smooth sailing experience of selling and buying of property. Your professionalism in work will definitely be remembered and rewarded. All the best in your property venture! Read More

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Nick Tan
Dear Sir/Mdm,

It is recommended that you engage the same agent for both your sale and purchase. This is because of the following reasons:

1) The agent will be able to time the sale and purchase according to the current market sentiments. The HDB resale market is moving quite rapidly currently and therefore it is very important to determine whether to sell first or purchase first and to time the both process as close as possible so as to minimise the need for an interim housing solution.

2) In terms of finances, the agent will be able to help you calculate and plan to ensure that you are able to reuse the sales proceeds and CPF refund from your current HDB to finance the purchase of the next house, thereby minimizing your cash outlay.

3) A good agent will also be able to negotiate the best price for your sale and purchase based on the timeline and considerations that you may have.

I have assisted many of my clients to plan and execute their sale and purchase smoothly and seamlessly. Please feel free to contact me so that I can understand your situation and draw up a transition plan for you.

Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to get to know me better:
www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

Testimonial from Satisfied Clients
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and fami Read More

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Aaron Chong
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, it is recommended that you use the same exclusive agent of yours to do both as he or she would better understand the financial situation of yours as well as good time management.

Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More

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Robbie Chen Chee Howe
Hi,

Yes, it is advisable to engage the same agent to handle your sale and purchase. The way I look at it, it's all pros and I couldn't think of any con in doing so.

By engaging the same agent, he will be able to manage your Timeline properly, so as to ensure a smooth transition for you to move to your new place. I suppose you do not wish to shift house more than once, right?

Apart from Timeline planning, he can also assist on your sale and purchase prices, as well as give advice on Financial planning for the flow of funds, i.e ensure sales proceeds and CPF Refund to be in time to cover for next purchase etc.

Having said that, it is also very important for you to engage a proficient agent who have the knowledge and experience in handling such transactions on a regular basis. Not all agents are proficient in HDB rules and procedures, and it would be disastrous if the agent could not handle it in a good manner.

I am experienced and well-versed in both HDB and private transactions. I transact HDBs very regularly and keep myself updated on the latest HDB and CPF rules and procedures. In the month of March alone, I had transacted 6 HDBs. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More

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Taufik Hussein
Hi

Frankly speaking, I could not see any consequence in engaging the same agent for both your sale and purchase transaction. The same agent can assist to plan on your finances for your future housing plan and advise you on the best financing options. You would not want a situation whereby you engaged an agent just for the purpose of selling but later on discovered that you could not afford to purchase a house that you planned for. As agents, our job is not just to assist on selling or buying but ensure proper financial planning is made to ensure you can transition to your next house smoothly. Moreover timeline wise, if you do not have any temporary place of stay during the transition period, it is very crucial for you to engaged an agent that is very specialised in HDB transactions. The particular agent can assist to plan your timeline according to your circumstances and needs. I have assisted alot of clients to transition smoothly to their next flat. All of them do not have to put up with a temporary place of stay and even have time to do up renovations on their newly purchased unit before moving in. Moreover most of them managed to do so even without making use of HDB Enhanced Contra Facility Scheme as they are not eligible for the scheme. I am well specialised in HDB transactions. Do contact me at 93375051 for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

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Silvia Yang
Hi Sir/Madam

I will be glad to assist
Appreciate if you can contact me at (65) 96608508 or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508
Email: Silviayang8@gmail.com Read More

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