For most of us who want to sell our property, we’d almost definitely hire a real estate agent, even though it will cost us a pretty penny.
Commission to an agent for a successful transaction is 1% to 2% of the transacted price. That’s $10,000 to $20,000 for a $1 million property. If you are feeling cheap and want to save yourself the commission, you could advertise for buyers on your own, either through word of mouth, taking out an ad in the Classifieds in the Straits Times, or in recent years, posting it on property portals.
We’ve even heard of extreme cases where sellers sign up for the Real Estate Salesperson course, so they could handle their own transaction. One got his license to handle all his property sales and purchases, but doesn’t actually practise as a real estate agent to serve clients. “It will save me tens of thousands, maybe hundreds of thousands, in commission over the years. So, why not?” he chuckled.
The problem is, how many of us have the head knowledge to know how to price your property fairly, market it properly, and settle all the paperwork efficiently? More importantly, how many of us have the time to manage all the enquiries, arrange viewings and negotiate with low-ballers? How do we know what’s the right price and time to make that sale?
A PORTAL THAT "DEMOCRATISES PROPERTY SELLING"
According to MOGUL.sg’s CEO and founder Gerald Sim, his property portal will transform the way the real estate industry has operated for decades. Touted as Southeast Asia’s most advanced property portal, it aims to “democratise property selling by giving users free digital tools that empower them with rich data insights and providing a property concierge who delivers a full range of personalised services for no sales commission.”
هذه القصة مأخوذة من طبعة April 2023 من Home & Decor Singapore.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 2023 من Home & Decor Singapore.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Building Spaces, Relationships, And Trust
Adrian Heng of Space One ID talks design evolution, his experiences in the industry, and the home that sparked his love for interior design.
Glow By Supernature
A refreshing and immersive retail and dining experience for daily health and wellbeing needs.
On-Trend Options To Consider
Small as it may be when compared to the rest of the home, the bathroom deserves pride of place because it is one place you can truly be on your own. So why not make it look spectacular with these touches.
Cabinet Layout Ideas For An Open-Concept Kitchen
Breaking away from traditional enclosed cabinetry, these cabinet ideas offer a unique and refreshing approach that blends openness with functionality.
From Trash To Treasure
Designer Karyn Lim recounts her experience of creating the So Plast!c collection for the Designers & Crafters Edition 01 showcase co-curated by Industry+ and Sol Luminaire.
COOL VIBE IN MANHATTAN
Rising interior designer Matt McKay shares with KARINE MONIE how he drew inspiration from the 1960s and French design to create this apartment in Manhattan's West Village.
CITY LOFT
This bachelor pad feels like a Manhattan loft with its high ceiling, dark colour palette and a slight industrial edge.
ROOMS FOR GROWTH
Smart lighting, minimalist material palette and clever spatial tweaks come together to create a cosy home with thoughtful considerations for the future. ASIH JENIE takes a tour.
SAPPHIRE WINDOWS HEADQUARTERS AND SHOWROOM
The former factory warehouse is transformed into an elevated, grand and stunning showroom space, along with the Experiential Centre situated on Level Four.
UNWIND IN SOPHISTICATION
In the unending chaos of our fast-paced world, the bathroom assumes its rightful place as a sanctuary for serenity.