The standard agent commission for advertising an HDB flat in Singapore is typically two% of your transacted value, Whilst this charge is negotiable rather than lawfully set. Some businesses, which include Ohmyhome and Homeseller, provide decrease, preset commission charges, with a few setting up as low as 1% or even a flat cost of $one,999. The Fee is compensated by the seller to their appointed agent, and this payment addresses A selection of services, such as promoting the assets, coordinating viewings, negotiating with possible consumers, and dealing with the required HDB resale paperwork. For the flat marketed at $600,000, a two% Fee would volume to $twelve,000, when a one% fee might be $six,000, not which include GST. It is actually a standard exercise for sellers to have interaction one agent to stand for their pursuits, with the client’s agent, if just one is website 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.