Can I know if I have a joint name property want to sell, can only either of the owner sign the document for selling? Because the other owner is at overseas.

Hi All sifu, going to sell my old house soon, may I know the agent fee still range btw 2-3%?

Maximum 3%.

Include the fees in the selling price so that seller feel good that buyer is paying for it 😂

Thanks, will do as per advice, haha.

Hi Sifu, wanna to ask you for some advice.

Recently I was approached by two agents, both quote my old house with value much higher than the rest. But both charge 3% fee and must authorise their company for 3 mths to sell my house exclusively, although net proceed is still above our expectation price.

So
1) is it worth to let only one agency to sell exclusively?
2) would they really able to sell the house quickly like what they claim? As they have more clients on hand

What are the cons if seller enter into this kind of 3 mths deal?


Or should I quote the price and contact openly and let any agent or interested buyer to contact me directly?

what compensation they offer if fail to sell within 3 months duration?

No compensation, and they will hold the house key for that period.

So I am abit hesitate as my house is fully furnished.

Both only mention they are familiar with this area so should be able to sell it within 3 mth.

This post has been edited by Jingle91: Nov 4 2023, 07:03 AM

how both of them get in touch with you? recommend by friend or ?
If you are hesitate to passed the key to agent, and uncomfortable for exclusive sell, then you can take the photo very very nicely and find those agent at property search engine show area specialist, and ask them to sell your unit openly without exclusive.

It depend on you are rushing to sell or not, and do you can fully corporate with the agent anytime* they bring prospect come to house visit, and you can fully corporate with the agent attending the home visiting process.

or i can suggest you install moveable / non permanant cctv (with wifi on) for your surveillance. then you will less worry about your house condition even passed the key to agent.

One refer by neighbour, another refer by relative.

My old house do have CCTV inside and outside, but already reallocate the unifi to new house.

Anyway, will try to put on banner and try to sell by myself for few months.

Just wondering, if there is any neighbour refer their friend or relative to buy, how many % should i pay for their commission? Is there any range for reference?

Let's see how long it takes for you to sell your house.And whether you're able to get the selling prices from the market. Also, whether your buyer do mark up loan. Please keep us posted.

By the way, if you're not paying 3% commission, good luck in getting an agent for your property. Only left a few big real estate agency in the market. They all sepakat, sehati , sejiwa. No 3% , DIY lah

This post has been edited by boyboycute: Nov 23 2023, 08:23 PM

Sure, will update here once jadi.

But anyway, I have changed my mind and already let few agents to list my house at their end, since they all willing to help without exclusive arrangement. And I am happy to pay 3% if anyone of them can help me close the deal with my offer price.

get a good lawyer with experience

do seller get a copy of the stamped SPA after the completion of the selling process?

Finally sold my old house last mth n 7% will be received tomorrow. Really appreciate for the agent's big effort, help me earn over 6 digits net profit which is totally beyond my expectation. Happy to pay him the 3%.

Landed really yyds.

This post has been edited by Jingle91: Jun 4 2024, 12:42 AM

heya property peeps!

Is the property owner allowed to put up a for sale sign/banner on their own property which they wish to sell?

we have so far only seen banners/signs from agents :S

Yes, as long you don't sign exclusive form with any agent.

I let multiple agents to list my house on their advertisement account, but only can hang my own banner. So I will take it down whenever they bring buyer come to view the house. Some agent don't even mind abt it.