How Much Agent Comm To Give? *help*

[Lina Lee 0]

Hmm.. Not sure if I've posted at the correct section.. Currently in e midst of arranging for advertising my 3rm n proceed with house hunting for a 5rm..

After calculating the comm for e agent who's gonna help us on buying n selling.. I tink the comm is ard 9-11k! Our 3rm shd be selling at abt 350-380k and e 5rm we getting shd be ard 480-520k.. He's asking for 1.5% to sell n 1% for buy -.-" (works out to be ard 11k) and my husb wanna offer him 2% to help to sell and 0.5% to purchase (ard 9k)..

Juz wondering if any of ya can advise if itz e normal price and if we intend to pay 8k for both procedures izit abit 'stingy'? (btw agent is our close fren)..

[May_dream1 14]

Hmm.. Not sure if I've posted at the correct section.. Currently in e midst of arranging for advertising my 3rm n proceed with house hunting for a 5rm..

After calculating the comm for e agent who's gonna help us on buying n selling.. I tink the comm is ard 9-11k! Our 3rm shd be selling at abt 350-380k and e 5rm we getting shd be ard 480-520k.. He's asking for 1.5% to sell n 1% for buy -.-" (works out to be ard 11k) and my husb wanna offer him 2% to help to sell and 0.5% to purchase (ard 9k)..

Juz wondering if any of ya can advise if itz e normal price and if we intend to pay 8k for both procedures izit abit 'stingy'? (btw agent is our close fren)..

for HDB, i thought it always been 1% to sell and 1% to buy. sometimes you can negotiate a lump sum amount so you can negotiate a total of $8k. i don't think that is too stingy especially its a close friend.

[Lina Lee 0]

I tink e usual now is 2% sell n 1% buy.. Haa.. Cos we r not really gonna rely too much on our fren in hse hunting part so I dun wanna offer too much.. Selling hse paying abit more we're fine cos there's advertising n all but buying part no.. so heartpain to part wif tat sum of $!!! I can do a very big island like urs lo! LOL

for HDB, i thought it always been 1% to sell and 1% to buy. sometimes you can negotiate a lump sum amount so you can negotiate a total of $8k. i don't think that is too stingy especially its a close friend.

[cookiez 0]

For my case, my agent is charging me 0.5% for both selling my current house and purchase for my future house...but she is my aunt lah~

its really up to the agent how much he/she want to charge...can try to negotiate with yr agent since he's a close fren of yours..

Edited April 19, 2012 by cookiez

[Lina Lee 0]

Actually i'm pretty shocked by his asking comm.. He's doing part time one then he's really very close 'brother'.. Hahahah.. Shall try to push down e comm abit more.. I tink I'll pay more only if in btw there's any complications or wat *touch wood* hahaha

For my case, my agent is charging me 0.5% for both selling my current house and purchase for my future house...but she is my aunt lah~

its really up to the agent how much he/she want to charge...can try to negotiate with yr agent since he's a close fren of yours..

Edited April 19, 2012 by jo'en

[May_dream1 14]

I tink e usual now is 2% sell n 1% buy.. Haa.. Cos we r not really gonna rely too much on our fren in hse hunting part so I dun wanna offer too much.. Selling hse paying abit more we're fine cos there's advertising n all but buying part no.. so heartpain to part wif tat sum of $!!! I can do a very big island like urs lo! LOL

i know condo is 2% to sell lah, but hdb should just be 1% leh.

for 9k, can definitely do a bit big island already loh. my island only 3k+ only... hahaaahh....

[Lina Lee 0]

Oh! Ur that long table island is 3k? I kept tinking I nid abt 5-8k for such 'proj'.. LOL..

Finally gotta start hunting for flat le.. But e feel is quite ZZzZzzz.. Process sucks.. Haa..

i know condo is 2% to sell lah, but hdb should just be 1% leh.

for 9k, can definitely do a bit big island already loh. my island only 3k+ only... hahaaahh....

[May_dream1 14]

Oh! Ur that long table island is 3k? I kept tinking I nid abt 5-8k for such 'proj'.. LOL..

Finally gotta start hunting for flat le.. But e feel is quite ZZzZzzz.. Process sucks.. Haa..

find the right contractor, and get the right price!

good lah.... its tiring but its worth it lah... hehehe...

[cookiez 0]

Oh! Ur that long table island is 3k? I kept tinking I nid abt 5-8k for such 'proj'.. LOL..

Finally gotta start hunting for flat le.. But e feel is quite ZZzZzzz.. Process sucks.. Haa..

yalor...same sentiment...moi started looking since 2-3 mths back and must say lucky star not on my side...

kena lots of hiccups...sellers backed out from deal after agreeing on price...agents keep pushing me around after i made offers and then MIA...etc..

anyway, am going for a 2nd viewing tonite at a unit i really like and hopefully the deal is on this time round *cross fingers*

[Lina Lee 0]

WAH... izit? e agent MIA suddenly ah ^^' i'm doing contra... so itz not gonna be ez oso...

which area are u viewing at? 2nd viewing today ah? Hee... hopefully u can get ur ideal house to9! then can start to prepare to 'enjoy' e reno process...

yalor...same sentiment...moi started looking since 2-3 mths back and must say lucky star not on my side...

kena lots of hiccups...sellers backed out from deal after agreeing on price...agents keep pushing me around after i made offers and then MIA...etc..

anyway, am going for a 2nd viewing tonite at a unit i really like and hopefully the deal is on this time round *cross fingers*

[Lina Lee 0]

HAAHHAA... yaya... that i noe... currently ID/contractors are shortlisted... design wise oso more or less noe wat to do le... i waited 5yrs for MOP to be up... so hopefully everything can fall in place nicely bah... cos my next hse i'm open to sengkang n punggol 5rm... i guess there's quite alot of choices there...

btw... sidetrack abit... u noe there's gonna be BTO in May at e open space opp sheng shiong? there's oso another BTO beside e city view leh! Too bad i dun wanna wait 3-4yrs... otherwise itz a gd one to try for...

find the right contractor, and get the right price!

good lah.... its tiring but its worth it lah... hehehe...

[May_dream1 14]

HAAHHAA... yaya... that i noe... currently ID/contractors are shortlisted... design wise oso more or less noe wat to do le... i waited 5yrs for MOP to be up... so hopefully everything can fall in place nicely bah... cos my next hse i'm open to sengkang n punggol 5rm... i guess there's quite alot of choices there...

btw... sidetrack abit... u noe there's gonna be BTO in May at e open space opp sheng shiong? there's oso another BTO beside e city view leh! Too bad i dun wanna wait 3-4yrs... otherwise itz a gd one to try for...

yup, i know. i already post on my fb abt it too. hahaahahh.....

sengkang and punggol 5 rooms are quite ex cos its newer. but hope that you will be able to find a good place soon.

[albertchng 0]

Usually is 2% for sell and 1% for buy BUT depend on your nego skill you can nego down to 1% sell and 1% buy.

Have not heard anyone can nego down to 1% sell and 0.5% buy yet.

[Lina Lee 0]

Hahaha.. If can nego till 1% each, total is abt 8k+.. Husb intending to give 2% sell 0.5% buy.. Which may be 9k+.. Haa.. Final amt n % not finalized yet.. That's y asking ard for opinions.. Hehehe..

Gotta ask husb to use his nego skill n 感情分 to get it lower le.. Hahahaha..

Usually is 2% for sell and 1% for buy BUT depend on your nego skill you can nego down to 1% sell and 1% buy.

Have not heard anyone can nego down to 1% sell and 0.5% buy yet.

[Lina Lee 0]

E units there actually quite extreme.. From 480-600+k for sengkang n Punggol ard 500-600+.. Haa.. Some EA are selling at 560-600+k.. Soooooooo.. Haf to go pray hard at temple more ask god 保佑了.. Bwahahahahha..

yup, i know. i already post on my fb abt it too. hahaahahh.....

sengkang and punggol 5 rooms are quite ex cos its newer. but hope that you will be able to find a good place soon.