The standard agent commission for advertising an HDB flat in Singapore is usually two% of the transacted price tag, although this fee is negotiable instead of legally set. Some businesses, such as Ohmyhome and Homeseller, supply decreased, fixed commission charges, with a few starting 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 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 website could well be $six,000, not together with GST. It is 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, generally obtaining a part of the seller's commission via a co-broking arrangement. On top of that, sellers should really be familiar with other probable expenditures, for instance authorized charges and also the HDB resale levy.