The normal agent commission for promoting an HDB flat in Singapore is usually two% from the transacted selling price, Even though this fee is negotiable instead of legally mounted. Some businesses, such as Ohmyhome and Homeseller, supply decreased, fixed commission charges, with a few setting up as low as 1% or possibly a flat rate of $one,999. The commission is paid by the seller to their appointed agent, and this price addresses An array of services, which includes internet marketing get more info the property, coordinating viewings, negotiating with possible customers, and dealing with the required HDB resale paperwork. For your flat bought at $600,000, a two% Fee would total to $twelve,000, when a one% amount could well be $six,000, not together with GST. It is actually a standard observe for sellers to have interaction only one agent to stand for their pursuits, with the customer’s agent, if just one is applied, normally obtaining a part of the seller's commission via a co-broking arrangement. On top of that, sellers should really be familiar with other opportunity expenditures, for instance authorized charges as well as the HDB resale levy.