Asked by Mr. Govindharaju Sivasubramanian
what is the procedure to resale hdb flat without agent
3008 views
5 Answers
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
If you are currently or planning to find a property agent, I can assist.
If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .
https://www.era.com.sg/R064892F
If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.
Landon Chew
97 39 60 40
landonchew@email.com Read More
1
Reselling your HDB flat without an agent in Singapore is possible, but it requires a good understanding of the process and careful attention to detail. Here's a step-by-step guide:
1. Register Intent to Sell:
Log in to the HDB Resale Portal using your SingPass.
Register your Intent to Sell your flat. This will provide you with information about your eligibility to sell, ethnic quota for your block, upgrading status, and recent transaction prices of nearby flats.
You can officially start granting the Option to Purchase (OTP) to potential buyers after 7 days from the date of registration.
2. Prepare Your Flat:
Ensure your flat is clean and well-maintained to attract potential buyers.
Consider staging your flat to make it more appealing.
Take clear photos of your flat for online listings.
3. Market Your Flat:
List your flat on the HDB Resale Portal.
Consider listing it on property portals and social media platforms.
Create an attractive listing with detailed information and photos.
4. Conduct Viewings:
Schedule viewings with potential buyers.
Be prepared to answer questions about your flat and the surrounding area.
5. Negotiate and Grant OTP:
Negotiate the price and terms of the sale with the buyer.
Once an agreement is reached, grant the buyer an OTP using the HDB-prescribed format.
The buyer has 21 days to exercise the OTP by paying an option fee (typically 1% of the agreed price) and signing the OTP.
6. Submit Resale Application:
Once the OTP is exercised, both you and the buyer must submit a resale application through the HDB Resale Portal within 7 days.
Pay the necessary administrative fees.
7. Await HDB's Approval:
HDB will process your resale application and verify all documents.
This process usually takes about 8 weeks.
8. Complete Resale:
Once approved, you and the buyer will attend a resale completion appointment at HDB.
Sign the necessary documents and make the final payment.
Important Considerations:
Legal Assistance: Even without an agent, it's advisable to engage a lawyer to review the legal documents and ensure a smooth transaction.
Buyer's Agent Commission: If the buyer is represented by an agent, you will typically be responsible for paying their commission, which is usually 1% of the selling price.
DIY Resources: HDB provides various resources and guides on their website to assist sellers. Utilize these resources to understand the process and requirements.
By following these steps and taking necessary precautions, you can successfully sell your HDB flat without engaging an agent. Remember to stay informed and seek professional help when needed.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
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
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
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 P Read More
1. Register Intent to Sell:
Log in to the HDB Resale Portal using your SingPass.
Register your Intent to Sell your flat. This will provide you with information about your eligibility to sell, ethnic quota for your block, upgrading status, and recent transaction prices of nearby flats.
You can officially start granting the Option to Purchase (OTP) to potential buyers after 7 days from the date of registration.
2. Prepare Your Flat:
Ensure your flat is clean and well-maintained to attract potential buyers.
Consider staging your flat to make it more appealing.
Take clear photos of your flat for online listings.
3. Market Your Flat:
List your flat on the HDB Resale Portal.
Consider listing it on property portals and social media platforms.
Create an attractive listing with detailed information and photos.
4. Conduct Viewings:
Schedule viewings with potential buyers.
Be prepared to answer questions about your flat and the surrounding area.
5. Negotiate and Grant OTP:
Negotiate the price and terms of the sale with the buyer.
Once an agreement is reached, grant the buyer an OTP using the HDB-prescribed format.
The buyer has 21 days to exercise the OTP by paying an option fee (typically 1% of the agreed price) and signing the OTP.
6. Submit Resale Application:
Once the OTP is exercised, both you and the buyer must submit a resale application through the HDB Resale Portal within 7 days.
Pay the necessary administrative fees.
7. Await HDB's Approval:
HDB will process your resale application and verify all documents.
This process usually takes about 8 weeks.
8. Complete Resale:
Once approved, you and the buyer will attend a resale completion appointment at HDB.
Sign the necessary documents and make the final payment.
Important Considerations:
Legal Assistance: Even without an agent, it's advisable to engage a lawyer to review the legal documents and ensure a smooth transaction.
Buyer's Agent Commission: If the buyer is represented by an agent, you will typically be responsible for paying their commission, which is usually 1% of the selling price.
DIY Resources: HDB provides various resources and guides on their website to assist sellers. Utilize these resources to understand the process and requirements.
By following these steps and taking necessary precautions, you can successfully sell your HDB flat without engaging an agent. Remember to stay informed and seek professional help when needed.
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
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
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
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 P Read More
1
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255
***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255 Read More
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255
***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255 Read More
1
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255
***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255 Read More
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)
*** You can reach me at my Singapore mobile: (65) 9856 9255
***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!
*** Connect Singapore Line: (65) 9856*9255 Read More
1