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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. Generally both seller and buyer agents are not of the same role.

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

Dear sir/madam,

Do you find it highly dangerous to proceed as a DIY buyer when you have acknowledged that you have no knowledge for HDB? Are you willing to risk jeopardising the purchase and potentially run into severe consequences should you fail to observe the rules and regulations towards a resale HDB purchase, just because you do not wish to go through an agent, perhaps saving some commission?

I am an advocate for DIY home sale or purchase for consumers if they have the knowhow as well as understand the pros and cons in doing so, but I am truly worried for you if you plan to be a DIY buyer without any knowledge.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi;

No, seller's agent and buyer's agent are two different entities... Seller's agent is engaged by seller, hence is their paymaster.. Meaning they will have their seller's interest as priority and vice versa. Perhaps your main concern for not engaging an agent to represent yourself is due the fees payable? Agent not only help you to source for the right unit, also will help you to negotiate a better price and handle all the paperwork for you. You probably will be purchasing one of your biggest ticketed item which is 6 figures and above, would you want to jeopardise it just to save that few thousand dollars? I have many buyers who initially wanted to DIY their own purchase, but after speaking to me, they realised its not worth taking the risk.Do feel free to give me call for further discussion.. Thanks

Regards;
Lyna Song
 9623 8422 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com Read More

Hi
Seller agent represent seller interest while buyer agent represents buyer interest. CEA has disallowed the practise of agents representing both seller and buyer some time back and therefore no seller agent should charge you any commission should you purchased a unit directly from them. However do note that while there are some seller agent willing to process the purchases for free, as they are representing their seller interest, you may unknowingly be shortchanged especially if you did not do any research on the unit you are purchasing. If you are intending to take a loan or finance the unit using CPF, you might need to top up cash (called COV) at the point of purchase if you bought the unit at too high the price compared to it's valuation. In addition, you may not be aware of your rights should anything goes wrong with the transactions or in situation where sellers did not want to vacate the place after completion date or extension period granted to them. A seller agent won't advise you on all these as they are not representing your interest. While I am not discouraging you from DIY purchase, proper research on both the processes and the estimated value of the unit you are interested in definitely needs to be done. In fact it is highly advisable for you to do all the processes by yourself as you may not know the integrity of the seller agent. Never rely on seller agent expertise on this as they are representing their seller interest and will do their best to ensure their seller gain an advantage in terms of both profitability and timeline. Do contact me at 93375051  for a free and non obligation discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi
Seller agent represent seller interest while buyer agent represents buyer interest. CEA has disallowed the practise of agents representing both seller and buyer some time back and therefore no seller agent should charge you any commission should you purchased a unit directly from them. However do note that while there are some seller agent willing to process the purchases for free, as they are representing their seller interest, you may unknowingly be shortchanged especially if you did not do any research on the unit you are purchasing. If you are intending to take a loan or finance the unit using CPF, you might need to top up cash (called COV) at the point of purchase if you bought the unit at too high the price compared to it's valuation. In addition, you may not be aware of your rights should anything goes wrong with the transactions or in situation where sellers did not want to vacate the place after completion date or extension period granted to them. A seller agent won't advise you on all these as they are not representing your interest. While I am not discouraging you from DIY purchase, proper research on both the processes and the estimated value of the unit you are interested in definitely needs to be done. In fact it is highly advisable for you to do all the processes by yourself as you may not know the integrity of the seller agent. Never rely on seller agent expertise on this as they are representing their seller interest and will do their best to ensure their seller gain an advantage in terms of both profitability and timeline. Do contact me at 93375051  for a free and non obligation discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi,

It seems like you are only concern on the agent fee throughout the whole purchase, few thousands dollars
Or you already know exactly on what and how of the whole purchase which is a few hundred thousands of dollars.

In general, buyer agent charge 1% of the purchase price. So might charge more or less dependent on the services and agreement between you and them.

Your concern is whether you need to pay seller's agent. Answer is "NO". Seller's agent legally only allowed to collect commission or service fee from seller.
No seller's agent suppose to ask for any fee from you. You may report to cea.gov.sg if any of the seller's agent suggest this.

These are the things you should check upon before engage on any viewing:
1) Eligibility: Ensure you're eligible to purchase HDB. Single PR, foreigners, Married PR but have not received PR status more or equal to 3 yrs. Single Citizen who is not more or equal to 35 years old.
2) Finance: You may skip this if you are paying everything in cash. Check whether you are eligible to apply loan from HDB, otherwise, you will have to get IPA (In-pricipal Agreement) from bank.
3) Budget: Understand your current finance status to determine your choice of flat types and location.
4) Know all the pros and cons of different flat types, finance types (HDB & Private bank), different levels, directions, locations.
5) How to negotiate and understand the market price.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://www.facebook.com/Homesellerbuyer

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Hi,

No, the agents are not supposed to collect commission from you if they represent the Seller in the transaction.

Having said that, your first sentence scares me. You acknowledged that you have no knowledge on HDB transaction, and yet you wish to handle the purchase all by yourself?

Are you confident of ensuring that the transaction will be smooth going forward, and that you are able to handle all steps and protect your own interests during the entire process of your purchase? Chances is NO. Unless you get yourself educated on these processes before you decide to jump into the purchase.

Should you be open to engaging a professional agent who's experienced and well-versed in both private and HDB resale transactions, I will be able to assist you. 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

Greetings from Ohmyhome!

For HDB resale flats, a DIY buyer do not required to pay any service fees to the seller's agent as this is prohibited by law.

You can visit www.omh.sg for many quality listings that we have including DIY sellers' listings as well. Should you require, we can also help to take care of your documentation process at only $1688.

Should you need further information or assistance, feel free to contact us at 68869009  or WhatsApp us at 97551009  .

We will be most glad to assist.

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More