Asked by Mrs. Lai Keng Veronica Fujio
how much agent fee have to pay to sell a HDB flat
15979 views
2 Answers
Agent Commission Fees
• Traditional agents usually charge between 1% to 2% of the sale price. For example, if your flat sells for $500,000, the commission would be around $5,000 to $10,000.
• Fixed-fee agents offer a flat rate instead of a percentage, which can be more cost-effective. These fixed fees typically range from about $1,800 to $2,800 and usually cover marketing, negotiations, and paperwork.
Additional Costs to Consider
• Legal fees for conveyancing, usually a few hundred dollars, depending on the flat size and complexity.
• Outstanding mortgage must be fully settled upon sale.
• Stamp duties may apply if you’re purchasing another property simultaneously.
Choosing the Right Agent
When picking an agent, consider their commission structure, the range of services they offer, and their track record.
If you want help weighing your options or understanding the costs better, feel free to reach out. I’m Aren from PropNex, available at 9657 6701 . Happy to assist. Read More
• Traditional agents usually charge between 1% to 2% of the sale price. For example, if your flat sells for $500,000, the commission would be around $5,000 to $10,000.
• Fixed-fee agents offer a flat rate instead of a percentage, which can be more cost-effective. These fixed fees typically range from about $1,800 to $2,800 and usually cover marketing, negotiations, and paperwork.
Additional Costs to Consider
• Legal fees for conveyancing, usually a few hundred dollars, depending on the flat size and complexity.
• Outstanding mortgage must be fully settled upon sale.
• Stamp duties may apply if you’re purchasing another property simultaneously.
Choosing the Right Agent
When picking an agent, consider their commission structure, the range of services they offer, and their track record.
If you want help weighing your options or understanding the costs better, feel free to reach out. I’m Aren from PropNex, available at 9657 6701 . Happy to assist. Read More