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Hi moo,

Usually it'll be 2% of the final selling price + 7% GST of the commission, subjected to agreement. There is no authority determining how much commission should be paid.

If you feel that the commission is too high, my advise is to set the selling price at $510k instead so effectively you'll only be paying thr GST.

Need further assistance? Feel free to dial my hotline or email me.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Evening,

Under current CEA regulation and Fair Trade Act, commission payable is always to be nego between the agent and the client.
My rate starts from 1.8%.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Hi,
2% comm is the market rate, but it is always negotiable. Pls call me and discuss. I am contactable at 96836230  . Tks. Ander ERA Read More

Geryl and See Chong Hang, hi, I like your explanation. www.catherinepang.com Read More