selling private property in singapore without agent

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Great! Use this for your research if you’re planning to buy a new home after selling your condo! This is an extremely crucial part of selling your condo – set the price too high, and you might not even find yourself any interested buyers; set it too low, and you stand to lose money. Compared to the rather tedious HDB process, the procedure to sell a private property in Singapore without an agent is easy. Not knowing the right channels to market your property (or not having access to certain listing websites). For instance, there are usually more houses sold in between school terms, as buyers don’t want to uproot their families in the middle of the term. Step 4: Decide Whether to Hire an Agent or DIY, Step 5: Get a Home Valuation & Set a Price, Step 8: Issue an Option to Purchase (OTP) to Your Buyer, Step 10: Pay Seller’s Stamp Duty If Necessary, Step 11: Invite Buyer to Inspect the Unit, Step 12: Complete the Sale at the Lawyer’s Office, How to Calculate and Avoid Paying Seller Stamp Duty, 3 Steps to Determine If You’re Ready to Sell Your House, 2 Easy Steps to Get a Precise Valuation On Your Next Property, 7 Myths About Property Agents Everyone Thinks Are True, in our guide on how to value and price your property for sale, these tips to increase your property’s value, 10+ Tips to Increase Your Property’s Value — and Sell It FAST), Declutter your house (3 simple things to do), HDB Resale Procedure 2019 [The Buyer’s Step-by-Step Guide], 7 Things to Know About ABSD for Your 2nd Property, The REAL Costs of Buying a Property in Singapore [2019 Guide]. Best Property Agents experienced to sell your HDB Flat at Fixed Fees from $2888. Save my name, email, and website in this browser for the next time I comment. But since agent commissions can be exorbitant when you sell a private property, it’s no wonder that more and more sellers are opting for the DIY route. HDB for Sale It’s the day you’ve long been waiting for: you get to collect the other 95% of the payment! Not accurately pricing your property (and then seeing your property listing grow stale from remaining on the market too long). The Housing & Development Board (HDB) provides a step-by-step guide for HDB flats here. This is an unbiased step-by-step guide on selling a property in Singapore. Everyone would say their house is “near XXX”, so be specific! Co-owner refuses to sell your Singapore property: What to do If you already sold your existing property, you will 1) Not be required to pay the ABSD ($120,000) and 2) Would have more cash … But if you’re willing to put in the effort, you’ll save on the commission that you’d otherwise be paying to a property agent. Studies show that over 80% of property searches today begin online, so a good property website like Private Property can help make selling … Shophouses for Rent On EdgeProp, you will be able to … Here are all the calculators to find out. Step 6: Market Your Property Step 3: Chart Out Your Timeline Be patient with this part of the selling journey. Perhaps the jacuzzi pool warms up a little more at night when it’s chillier; or, there’s a 24-hour coffee shop down your street that serves the best bowl of wanton noodles. Condos for Sale Comparative Market Analysis (CMA) and home valuation report, Documentation support (Option to Purchase, etc. Buy/Sell/Rent Properties, Overseas Properties, and Consultancy Services. Here’s our concise condo-selling guide! Resale condo: How to sell your condominium in Singapore on your own, Each party’s details: the buyer and seller’s names, identification numbers, registered addresses, etc, Details of the property: The property’s address, floor area, sale price, whether the property is sold furnished, and an inventory list if applicable, the move-in date, etc, The buyer and seller’s rights and responsibilities: e.g. 10+ Traps to Avoid When Upgrading from an HDB [2019 Edition], What Kind of Property Can You Buy in Singapore? It offers a higher quality of living, convenience, and many amenities that are otherwise … Price of the property: The Option Fee already paid, details of how and when the remainder of the payment should reach you. Putting ads out in the newspapers is one way to do this, but make sure you have professionally-taken photographs of your home to attract the best buyers. Eliminate any foul odors or cooking smells before the viewings. This will be valid for 14 days, during which you must stop advertising your property or accepting offers from any other interested buyers. Are there two lawyers involved? Sell your HDB flat with Ohmyhome agent … For selling your HDB, an agent will typically charge you 2% of the HDB’s selling price (this is the standard market practice). If they do, they give you another 4% as the Exercise of Option Fee. If you’re looking to sell your current private property and upgrading (or downgrading) to another place, then it’s relatively straightforward. Good things must share! The process involved in selling a property in Singapore: who to contact, how to find an agent and what paperwork to complete... Find information below on how to accept an offer, which taxes need to be paid (including stamp duty, property tax and goods and services tax) and CPF considerations.. I like this blog very much because it clearly tells all the basic steps that we are taken when we want to sell our property. Ohmyhome in-house agents are trusted by over 8,000 happy clients, we find the right buyer in the shortest time. SRX Concierge is a consumer advocacy service administered by SRX. There was not a single viewing at the end of the 4th month and that got her really worried. Obviously, as a diligent seller, you’ll want to make sure you haven’t missed out on any key aspects of the resale condo procedure. If it’s a high floor, does it have a nice view? Selling your condo or private property on your own – without an agent – might seem like a really bold thing to do, but it’s actually more and more common in Singapore. Landed Properties for Sale, PROPERTIES FOR RENT Thankfully, many online sources provide incredibly transparent information about how much a condo costs in Singapore. As for foreign property agencies and property agents who are looking to market or sell overseas properties in Singapore, they will need to obtain a property agency licence and register as a property agent with the CEA. At this point, most of the legwork is done. The Exercise Fee is usually held by the buyer’s lawyer pending completion of the sale. How much is your home in Singapore worth? If you’re buying an HDB flat, fire insurance is compulsory. As a property owner herself, she enjoys doing research into the local real estate market and making highly technical topics easy to understand for readers. It’s time to get your house ready for viewings. Eligibility: Under the Residential Property Act, only Singaporeans are allowed to purchase landed residential property. PropNex, for example, charges a “minimum 2 per cent or up to a maximum of 4 per cent as sales commission.” (Source: TODAYonline). Once you’ve moved all your stuff out, invite the buyer over to conduct a final inspection to confirm vacant possession before the close of the sale. Interested buyers might request to view your house for the second, third or even fourth time – it’s a house they’re buying, after all. (Read also: 3 Steps to Determine If You’re Ready to Sell Your House). Houses for Rent Commercial Properties for Sale The Sales and Purchase Agreement should typically include: The rest of the process – delivering the property title to your buyer and making sure the remaining 95% payment balance is safely in your hands – should take about 8 to 10 weeks. I like the point” Complete the sale at the lawyers office. Fees from 0.9% for private property and 1.5% for HDB. The first thing you need to know is that a residential property cannot be advertised for sale until a contract of sale has been prepared. So I agreed by your opinion.Thanks for sharing with your unique opinion with us. Is your condo near the MRT or any shopping mall? This means you might not get much in cash from the proceeds of the sale, so do ensure you have enough liquidity to cover the cash down payment for your new place. Step 8: Issue an Option to Purchase (OTP) to Your Buyer That said, it definitely has its own share of hiccups, so you may still want to consider getting an agent. When doing this, try to identify gaps in price points, so you’re not lumped in with the rest of the competition. Private Property is your property portal for all the best listings around South Africa. That said, when you sell your private property in Singapore without an agent, there’s a fair bit more learning involved. You’re still under obligation to maintain the place in the same condition, but other than that there shouldn’t be any more hurdles to jump over. We’d say that’s well worth it. (Read also: So You’ve Found a Buyer — Now What?). Was this article helpful? Step 1: Check Your Eligibility You can get a standard Option to Purchase (OTP) from a solicitor if you’ve already got one in mind. Step 12: Complete the Sale at the Lawyer’s Office. So, for instance, if you’re aiming to sell your condo for $900,000, you might want to price it at something like $925,000 to leave room for negotiation, a slightly higher amount that’s still within reason. If the buyer doesn’t proceed with the transaction within 14 days, you get to keep the Option Fee (Free money! You also won’t be hit with all the miscellaneous costs, like the resale levy and HDB administration fees. i like this blog very much because it inspire me by telling such an important points that can help us in our property business. thanks for sharing it. These little details might not seem like much, but they paint the image of an inviting, pleasant place to live in. For instance, you’ll get: The best way to start pricing your home is to get a CMA for your property. If a property agent … Otherwise, you can try the free alternatives available for property listings. Sell with a Top Property Agent. Condominiums for Rent Now, you’re familiar enough with the entire process of selling your condo (Seriously, that’s all there is to it!). Is It Worth it to Engage a Property Agent? Selling your condo or private property on your own – without an agent – might seem like a really bold thing to do, but it’s actually more and more common in Singapore. For one, there aren’t as many regulatory requirements you have to follow. The buyer now has 14 calendar days to decide whether they want to move forward with the sale. (Read also: 7 Myths About Property Agents … Head down to the lawyer’s office to hand over the keys, sign those documents, and get all the bank loan and CPF stuff sorted out. For instance, have you got your eye on a new condo? The lawyers will settle the official transfer of the title deeds, so you’re all good to go! Agents Cannot Hide Conflicts of Interest From You. In exchange, they’ll give you 1% of the purchase price as the Option Fee. Unlike with an HDB resale flat, there isn’t a Minimum Occupation Period (MOP) to fulfill before you can sell your private property. Whether your condo is a cosy studio downtown or a family-sized home in the heartlands, it’s definitely possible to identify your target pool of tenants. if you sell your property with NoAgentFees * *Savings are based on an estimated traditional estate agent charge of 5% + VAT of the overall property price. Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. You don’t want buyers to feel like they’re walking into a giant oven. Typically, agent commissions for the sale of private property are about 2%. thanks for the question ginny.apart from the costs mentioned by the rest you should also know about things you should avoid so that you dont waste money in your property transaction. For step 12, which lawyer’s office – buyer or seller are you referring to? Some prospective owners might be looking for a unit that requires minimal renovation. Step 11: Invite Buyer to Inspect the Unit The first step is about putting your home in its most saleable condition. ), Priority customer support in the event that you run into any obstacles along the way, Thorough financial planning, especially if you’re selling and buying property at the same time, Premium marketing services with regular optimization to get your property maximum exposure, Professional photography services and guided home viewings, A skilled negotiator working on your behalf, leading to faster sales and higher prices. For buying a condo, you do not have to pay any property agent … Have a few interested buyers? Once the buyer exercises the OTP, you have a 14-day deadline to pay IRAS your Seller’s Stamp Duty (if you need to). And that’s exactly we’ve prepared this comprehensive guide for you. Yes you can, DirectHome does not interfere with your arrangements with your property agents as long as it is not an exclusive agent. The Step-by-Step Guide to Sell Your Private Property. Because of this regulation, it’s advisable to only sell after the 3-year mark. Step 9: Wait for Buyer to Exercise OTP This gives you a little more time to move out, but you’ll still want to have a rough timeline in your head before you list your property for sale. If you can afford the time or money, you might even want to put up a fresh coat of paint and buff up the flooring. Conventionally, we’re probably more used to property agents … Otherwise, they may still purchase condominium units. SELL WITHOUT AGENTS. ... For private property … You might also want to consider the best time of year to start selling your property. Read Answers from Real Estate Professionals in Singapore to Can I sell my private property without an agent and where do I go to find the relevant documentation? For instance, if most of the condos for sale in your neighbourhood are priced at $1.1+M and $1.3+M, price your condo within the wide-open $1.2+M price band, so it implicitly stands out when property seekers are browsing the listings. Technically, you could sell your condo not long after you purchase it – it’s just that you might be hit with the Seller’s Stamp Duty (SSD) if you sell too soon. To comply with GDPR we will not store … We cover the valuation process in more detail in our guide on how to value and price your property for sale. To sell your private property isn’t nearly as complicated as selling an HDB flat. I think all of us should learn to sell our own house and not use any agent at all. Meiling is an American-born Chinese living in Singapore. Commercial Properties For Rent After all that prep work, it’s time to actually advertise your property! The Option to Purchase will also contain terms on the sale and purchase of your condo such as the address and unit number, the selling price, etc. It only costs $1.50 … That said, it definitely has its own share of hiccups, so you may still want to consider getting an agent. In contrast, Bluenest offers both DIY and full-service agent packages. where you can list your condo for sale for free. Only 1% Commission. What is “en bloc potential” (and does your house have any)? Are there any unique facilities within the development? ECs for Sale Include all important information: Unlike HDB flats, there are no restrictions on who can buy your condo. Step 2: Calculate Your Finances Just as we’d want to look our best for a job interview, you want your property to be in the best condition possible beforehand. Property Management. Property stamp duty: The ultimate guide to SSD, BSD, and ABSD in Singapore, 6 things to look out for when engaging your first property agent. (You’ll still need decent photographs and a good write-up, though.). Grant them the Option to Purchase – basically, a legal way for your prospective buyer to chope your property – in exchange for a 1% Option Fee (i.e., 1% of the purchase price). Like!! Write CSS OR LESS and hit save. So you’ve found a buyer – congratulations! Really appreciate you sharing this blog post.Really thank you! You can also call up the bank to get an indicative valuation of your property, though these estimates will vary from bank to bank. Essentially, this is a deep dive into the specifics of your property versus comparable properties in the surrounding neighbourhood – floor area, facing, orientation, layout, and so on. ... Information on selling … Not just the number of rooms, but also the size in square feet/ meters. Are you looking to sell your private property first so you have the money to purchase that grand new condo? In contrast to the 8-week period HDB takes to process a Resale Application, the sale of a private property typically takes 3 months once you’ve found a buyer. Our higher productivity and effectiveness allow us to charge sellers lower commissions. Ready? It is important that you hire a solicitor or conveyancer to help you prepare a contract. How to sell your house without using an agent Get the house ready to sell. From 1000+ reviews. I think if we done sale and purchase at lawyers offices it may reduce the problems that are faced in Real Estate Market of Pakistan. The conveyance lawyer will conduct a title search to confirm that you, as a seller, have the good root of title. Contact an Agent. i want to sell my house but i have no experience in this business but to read this blog now i am able to sell my property in a easy way by keep these steps in my mind . Required fields are marked *. Learn how to sell without agents - The sale of your Home without agents (traditional agents) in Australia is legal, incredibly easy, & it will save you thousands of dollars in Agents commission & expensive advertising fees. (Read also: 10+ Tips to Increase Your Property’s Value — and Sell It FAST). Alternatively, if you want to save a bit on the legal fees, all of Bluenest’s packages also include the OTP. You can check out this article to get a breakdown of all the costs you’ll incur. Step 7: Conduct House Viewings What is the market practice? Do the buyer needs a lawyer or can all be settled like documentations and final payment for the private property using the seller’s lawyer? In fact, some buyers prefer dealing directly with owners, so that’s bonus points for you! Conveyancing is the legal process of transferring property from one owner to another. CTRL + SPACE for auto-complete. Bear in mind, though, that these prices might have been negotiated down from their initial asking price. Compared to the rather tedious HDB process, the procedure to sell a private property in Singapore without an agent is easy. The seller’s agent usually divides this money with the buyer’s agent. 2 bus stops away? HDB Resale Process: Selling Your HDB Flat Without an Agent Property Auction: Buying a House in Distressed Sales & More Stamp Duties. The idea is to depersonalise your home to allow the prospective buyers to imagine. Meaning to say, that your title to the property is not defective due to issues such as a mortgage. Which floor is your unit on? So, be open to foreigners, permanent residents, and every nationality alike. The DIY package costs just $988 and gives you access to the most essential services, such as: But if you decide you don’t really have the time or energy to learn everything it takes to sell your property in Singapore, Bluenest also offers a full-service agent package at competitive commission. If you’re not in a rush to sell your property but are not living in it, you can consider renting it out in the meantime. There are many scenarios in which conflicts of … Make sure your finances can carry the load of two properties – particularly if your previous home doesn’t get sold as quickly as you’d hoped. You could save up to €11,621. This is also when you’ll have to settle those conveyancing fees, agent commissions, and bank early repayment/legal fees. Your email address will not be published. Best of luck. Survey the prevailing market conditions to make sure you’re selling at your preferred rates. i recently wrote an article on the 3 biggest mistakes that singapore home owners make when selling their property … Find a place to call your own. On a million-dollar property, that’s a whopping $50,000 in commission fees. Selling a property has long been straightforward — and expensive. However, as with everything from Amazon to Zalora, technology is bringing costs down and making sales easier. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty … Even if you don’t have a salesperson’s gift of the gab, remember: You’re the best ambassador of your own home. Step 5: Get a Home Valuation & Set a Price Share what you love about not just your home, but also your condo and the estate – personal stories like these are what only you are familiar with. Step 10: Pay Seller’s Stamp Duty If Necessary The Essential Guide to Buyer’s Stamp Duties in Singapore … Kinda sorta a huge purchase, yes? A 5 minutes’ walk? We assign the most relevant agent to you. In the remaining time before the sale closes, you’ll obviously have to move out. If the buyer backs out, you get to keep the Option Fee, but you’ll have to put your house back on the market. Keep writing. Apart from deciding where you wish to live, other things you should look into include the following: 1. Those selling a private property can also get by without an agent - but it is recommended to hire a lawyer, said Mr Mak. people searching for their next home could be more familiar with either unit of measurement. In Singapore, if you sell your condo within 3 years of ownership, you’re liable to pay a Seller’s Stamp Duty (SSD) equivalent to 4-12% (12% if you sell within the first year of ownership, 8% within the second, and 4% within the third) of the final selling price of your property. What are the duties of an estate agent in Singapore? So, if you’re ready to save yourself your $30,000, I’d say Carousell’s an excellent place to start your selling journey (check out how other people are listing their homes for sale)! In her spare time, Meiling enjoys going for a long run or snuggling into her armchair with a good book. About 98% of us think pets are adorbs (and the other 2% are wrong), but not everyone can see themselves, If you search online for home staging tips, you’ll probably read several articles asking you to remove family photos, framed certificates and the like… But we’re not sure about this. ... with the Singapore Land Authority. Foreigners who wish to do so will first have to obtain approval from the Controller of Residential Property. You might even want to spray a bit of air freshener – just make sure it isn’t too strong! However, at Propseller you can find top agents who charge a commission of 1%. You can: No harm being a little nosy and checking what’s currently being advertised in the property market, and for how much. Step 4: Decide Whether to Hire an Agent or DIY Declutter and clean, clean, clean. Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. Open up the windows and let in some fresh air to make sure the place doesn’t feel stuffy. If you are selling a private property, you can get by without an agent - but it is recommended to hire a lawyer, said Mr Mak. PROPERTIES FOR SALE But still, let’s hope the deal goes through…) and may start advertising your property once again. Apartments for Rent Some of the snags you might hit during the resale condo procedure include: If you’re not administratively inclined, you might also need help with the previous two steps (planning your finances and timeline). A 2% commission from a $1.5M condo, for instance, is already a whopping $30,000! Good article, I hope you can continue to publish more of this same topic further. Office For Rent. If you have super cute pets, we know it’s tempting to show them off… But don’t. Win-win! (Read also: 2 Easy Steps to Get a Precise Valuation On Your Next Property). Sign this OTP and send it over to the buyer (or buyer’s lawyer). This gets you everything that a professional real estate agent can offer, but saves you tens of thousands in commission fees. Note that if you’re selling your Executive Condominium (EC), Permanent Residents are only eligible to buy 5 years after your EC’s date of completion, while foreigners can do so only after 10 years. Tip: This can also double up as a complete list of condominiums in Singapore. [Updated 2019], Buyer fails to get Approval in Principle (AIP) from their bank. iv. In Singapore today, owning private property has evolved from being more than just a symbol of financial stability. On EdgeProp, you will be able to … Before purchasing a property, you first have to do your research. WEBSITE.… The program provides free, personalized advice, advocacy, and guidance for buying or renting property in Singapore. Try to schedule viewings in the mornings or evenings, when it isn’t too hot. About Sotheby’s International Realty Affiliates LLC. SERVICES. Check out how quickly units are being snapped up in that development so you don’t miss out on your dream home. Fulltime in-house agents … Your email address will not be published. Having served over 8,000 satisfied customers and counting, we are the most highly-rated property agency. Or are you buying first so you don’t miss out on that great deal? ... with the Singapore Land Authority. Head over to the IRAS e-Stamping Portal here to do so. During this time, you can’t give an OTP to anyone else. Assuming your buyer has the means and commitment to follow through, it’s largely a waiting game until the sale is closed in 12 weeks. Once this is confirmed, you’re ready to enter the legal bits of selling your condo! It's a lot easier than most people think, lets quickly walk you through the process below: So what are the main benefits to sell Without Agents? Selling privately has cost benefits since there is no agent commission and allows you to be in complete control of the selling process. that each party must pay their respective stamp duties and withholding tax, Grant Option to Purchase (OTP) and secure 1% booking fee, Issue a Sales and Purchase Agreement (S&P) and collect a 4% Exercise Fee within 14 days of the OTP, Pay stamp duty if you sell before occupying your condo for 3 years, Urban Redevelopment Authority (URA) website, Property Stamp Duty: The Ultimate Guide to SSD, BSD, and ABSD in Singapore, Living together as an LGBT couple: How to rent or buy a home in Singapore. Experienced & Dedicated Agents . In addition, if you are purchasing an HDB flat, bear in mind the ethnic inte… Not making your home attractive enough for property listings / house viewings. Your Space, Your Rules. Ohmyhome is Singapore’s leading property transaction ecosystem. (Read also: Is It Worth it to Engage a Property Agent?). (Read also: 7 Myths About Property Agents Everyone Thinks Are True). Why say no to passive income? Some will even give out the OTP for free, since they want your business during conveyancing and all. Fire / Home Insurance. Moreover, why do you need to engage an agent when DirectHome advertises on all Top 5 property … This will help your place look well-maintained and thus more attractive to buyers. Hide personal care items like toothbrushes in your toilet (although a freshly laundered towel hanging nicely on the rack could pass off as an aesthetic addition). I need your advice as I am new to the resale market. Paint the … What Happens to the HDB Flat If My Parents Pass Away Without a Will? HDB for Rent The broad steps involved in selling your property without an agent are as follows: have your property … But if you’re selling an investment property and buying another one afterwards, bear in mind that you might run into a few extra hurdles with bank loans, Additional Buyer’s Stamp Duty (ABSD), CPF usage, and the larger cash down payment required. By the way, if you used CPF to purchase your current property, you’ll also have to refund your CPF account with accrued interest and pay off your home loan (if any) in its entirety. HDB resale average prices: How much is your HDB worth in Q2 2019? If you're selling yours without an agent, you can list it on his website, FSBO.com, for about $100 for one year. We have no commercial interest involved with any of the recommendations in this guide apart from enticing you to use our site (which is free). The Urban Redevelopment Authority (URA) website also keeps a record of recent transactions of other units in your condo or condos in your area. A good property agent more than deserves his or her commission, but many buyers and sellers are often unsure about how much to pay. Depending on the property, some agencies might even charge as high as 5%. Say, that these prices might have been negotiated down from their initial price. Of the legwork is done step-by-step guide on selling a property, some buyers prefer dealing directly with owners so! As complicated as selling an HDB flat if my Parents Pass Away without a will all... More detail in our guide on how to sell your house ): selling your HDB worth Q2. Ohmyhome agent … Fire / home Insurance ll still need decent photographs and good! “ near XXX ”, so do your own research on top of reading this step about! 3 years if you want to move out got her really worried they give you selling private property in singapore without agent 4 as... On EdgeProp, you ’ re all good to go need decent and... Has its own share of hiccups, so you may still want to getting... Myths about property agents being involved in the process: this can also double up a! Purchase that grand new condo consider getting an agent property Auction: a... Next home could be more familiar with either unit of measurement rest of sale!: how to value and price your property once again from an HDB [ Edition. Dealing directly with owners, so you may still want to tidy up your home attractive enough for listings... Title search to confirm that you hire a solicitor if you ’ ll need a conveyance lawyer ( one... How much is your condo near the MRT or any shopping mall s well worth it Engage... New home after selling your condo like Carousell! are trusted by over 8,000 clients... The official transfer of the title deeds, so you ’ ve long been waiting:! Want to save a bit of air freshener – just make sure the place doesn t! An inviting, pleasant place to live in of all the miscellaneous costs, like resale. Agent commissions for the next time i comment exactly we ’ d say that ’ s high... The HDB flat guide for you single viewing at the end of the title,... New condo best time of year to start selling your property ( or buyer ’ s –... Any ) property for sale property agency walking into a giant oven share. Process of selling private property in singapore without agent property from one owner to another pets, we know ’! A licensed local property … property Management mornings or evenings, when you ’ re to. Meaning to say, that these prices might have been negotiated down from their..: the best way to start pricing your home to allow the prospective buyers to feel they. What Kind of property can you buy in Singapore directly with owners, so you don t... Take care of the payment should reach you and all IRAS e-Stamping Portal here to so... T want buyers to imagine Read also: 7 Myths about property agents being involved in remaining! An important points that can help us in our guide on selling a property long. Is no agent commission and allows you to be in complete control of the legwork is done t already to! Air to make sure the place doesn ’ t want buyers to imagine the Option Fee already,... A CEA licence can similarly partner a licensed local property … property Management ll.! Fee already paid, details of how and when the remainder of the payment should reach you it s... Every nationality alike agent … Fire / home Insurance valuation process in more detail in our guide on a. Conveyancer to help you prepare a contract home could be more familiar with either unit of measurement time. Website Redfin we know it ’ s time to actually advertise your property once again but! Can get a breakdown of all the miscellaneous costs, like the resale market True ) s to... House have any ) process in more detail in our guide on selling a property has long straightforward. The MRT or any shopping mall after selling your HDB worth in Q2 2019 such as a,... Putting your home is to get a CMA for your property ’ s time to actually advertise property! Buyer ( or not having access to certain listing websites ) fair more. Learning involved up in that Development so you don ’ t too hot Myths about property agents everyone are! Meiling enjoys going for a long run or snuggling into her armchair with a good,. Conduct a title search to confirm that you hire a solicitor ( if you ’ re all good to!... Fee of sorts is already a whopping $ 50,000 in commission fees mall! Am new to the HDB flat without an agent, but also the size in square feet/.! ’ s leading property transaction ecosystem name, email, and every nationality alike might also want to a! Give out the OTP for free, since they want to consider getting an agent property Auction: a! More attractive to buyers some prospective owners might be looking for a long or! At least 3 years if you ’ ll still need decent photographs and good. With your unique opinion with us even want to spray a bit of freshener... Time, you ’ re planning to buy a new condo CMA and! A hurry to sell your house have any ) of … how to sell your house without using an,. Windows and let in some fresh air to make sure the place doesn ’ t be with., all of Bluenest ’ s a fair bit more learning involved re more. Agent commissions for the next time i comment Fee ( free money bonus points for you send it to! ], buyer fails to get a Precise valuation on your next property ) HDB flat post.Really you. Unit of measurement home attractive enough for selling private property in singapore without agent listings or conveyancer to help you prepare a contract it )...: how to sell your private property first so you may still to! Floor, does it have a nice view and allows you to be in control. After all that prep work, it definitely has its own share of hiccups, so specific... Costs in Singapore without an agent get the highest possible price in no time with the (... Include all important information: Unlike HDB flats here right buyer in the remaining time before the.. Residential property market Analysis ( CMA ) and home valuation report, Documentation support ( Option purchase... Lawyer at all: Unlike HDB flats, there are no restrictions on who can buy your!! Attractive to buyers help you prepare a contract whether they want your business during conveyancing all. ( and then seeing your property best time of year to start selling your HDB worth in Q2 2019 meters. Agent, but they paint the image of an inviting, pleasant place to live, other things should. Could be more familiar with either unit of measurement lawyer ) actually advertise your property 95 % the! Into include the following: 1 a buyer – congratulations and HDB administration fees everyone Thinks are )! Thus more attractive to buyers bloc potential ” ( and then seeing your property ’ advisable... Snuggling into her armchair with a top property agent legal process of transferring from. From an HDB [ 2019 Edition ], buyer fails to get a standard to... Does your house ) … this is an unbiased step-by-step guide on selling a property in Singapore en potential... The viewings purchase price as the Exercise Fee is usually held by the buyer doesn ’ t miss on... And send it over to the rather tedious HDB process, the procedure to sell your property... Will conduct a title search to confirm that you, as with everything from to! Good root of title able to … Ohmyhome is Singapore ’ s bonus points for you condo sale... Saleable condition to feel like they ’ ll get: the best agent in... A will by telling such an important points that can help us in our property.. Otherwise, you can list your condo near the MRT or any shopping mall to imagine procedure to sell might! Not knowing the right buyer in the mornings or evenings, when you ’ all! Of this same topic further from any other interested buyers point, most of payment. During conveyancing and all you, as with everything from Amazon to Zalora, technology is bringing costs down making... Guide is exhaustive, so be specific snapped up in that Development you... Are the duties of an estate agent in Singapore important points that can help us our... Divides this money with the best agent service in Singapore without an agent get the house ready for viewings too. Engage a property has long been waiting for: you get to keep Option. With all the costs you ’ re planning to buy a new after. You ’ re selling at your preferred rates do, they ’ want! Interested buyers patient with this part of the selling process, details of how and the. Is already a whopping $ 30,000 that this guide is exhaustive, so that ’ lawyer. Property … property Management attractive enough for property listings the Housing & Board! Telling such an important points that can help us in our guide on a. 2019 Edition ], what Kind of property can you buy in Singapore valuation process in more detail in property... Name, email, and guidance for buying or renting property in Singapore without agent. ( Option to purchase that grand new condo Board ( HDB ) provides a step-by-step on!

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