What You Need to Know About House Agent Commission in Singapore?
Are you thinking about buying or selling a property in Singapore? If so, you need to know about the house agent commission . In this blog post, we will discuss what house agent commission is, how much it costs, and how you can negotiate a fair price. What is house agent commission? House agent commission is a fee that is paid to a real estate agent when they successfully help a buyer or seller purchase or sell a property. The standard commission rate in Singapore is 2% of the property's purchase price. This is split between the buyer's agen t and the seller's agent , so each agent will receive 1% of the purchase price. How much does house agent commission cost? The cost of house agent commission varies depending on the property's purchase price. For example, if the property's purchase price is \$1 million, the commission will be \$20,000. This is split between the buyer's agent and the seller's agent, so each agent will receive \$10,000. How can