Ama - I engaged homeseller and saved $20k in comms.

Carnesir

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Anyone wishes to know anything let me know. Got pros and cons but depending on what u all want to know I will share.

my flat sold for record high close to $1m hdb in west side of Singapore. In about a month.

pui to 2% agents
 

archie7

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found the seller via HDB platform?
 
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Carnesir

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Can you list the pros and cons of engaging Homeseller?
They are responsive yes, but u do the hosting yourself.

Biggest risk is when u host u say the wrong things or commit to a lower price than expected if experienced agents try to negotiate directly with you.

I had more than 20 viewings and at least 2-3 tried to find out my final buy price and negotiate directly with me, but I redirect to agent.
 

yildun

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Congrats.

Please share how you engaged homeseller.
How did both of you negotiate and arrive at the commission to pay?
What was the commission like? Percentage or fixed?
Need to be exclusive?
Why no use hdb portal and diy and save more?
 

Carnesir

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No cons. Cut out the 2% agents save money
Got cons. Homeseller is very popular nowadays and they wun entertain adhoc or special arrangements.

it seems to be they are doing a lot of things to achieve economies of scale, but I don’t blame them, it is a true disruption to the market.

but if you want your agent to suck up to u, pander to ur whining or whatnots or advise u for things that you don’t even know yourself, better engage typical agent
 

Carnesir

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Congrats.

Please share how you engaged homeseller.
How did both of you negotiate and arrive at the commission to pay?
What was the commission like? Percentage or fixed?
Need to be exclusive?
Why no use hdb portal and diy and save more?
I like their model cause I know what I want.

comms is clearly stated at the website and they clearly stated what they offer to you, meaning u do hosting, they settle paperwork for u and expose your units to all the major portals, and negotiate for u against sticky or aggressive agents who try to talk down u to bring down the price

hdb portal diy will not expose your listing to 80-90% of the buyer market. If u diy without property guru your gonna lose out to a lot of potential buyers, eventually u will not get the best price in market
 

Carnesir

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Flat type? West where?
5 room, west sg. My estate next highest sold is also ard $1m and 10 floors higher than me. But I achieved this by not pandering to buyers who try to dig my lowest buy price from me
 

doppypoppy

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The guy with Chinese nick and the cute doggy dp likes to stir property agents, find him
 

coyote

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Why didn't you use the HDB portal, then sell for free, save $2,000?
 

Min Min

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5 room, west sg. My estate next highest sold is also ard $1m and 10 floors higher than me. But I achieved this by not pandering to buyers who try to dig my lowest buy price from me

I meant west sg where?
able to say just je, cck or what?
 
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