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A Tip on How You Can Save Thousands of Dollars in Property Agent Fees


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Selling your flat is more than just a property transaction because you are selling something close to your heart – a home full of precious memories. But that doesn’t mean you shouldn’t take into account money matters – how much can you get in proceeds after deducting taxes and commissions?

Mr. Low, a 45-year-old Solution Architect, sold his HDB flat through Ohmyhome – all within a short period of time and at the price he wanted!

Based on a 2% market rate for commissions, he should have paid over $9,000 in property agent fees. But thanks to Ohmyhome’s fixed rate pricing, he paid way less for his flat’s price bracket.

“I saved $5,000-$6,000. Every dollar I saved is a dollar gained in my bank, right?” said Mr. Low

Mr. Low first got to know about Ohmyhome through his brother-in-law, who quickly clued him in on their mobile app (available on iOS and Android) that could breezily set up a property listing within 2 minutes. After completing the sale of his flat, we caught up with Mr. Low to ask about his experience.

What were some of your first thoughts about Ohmyhome’s service?

This service should have been around years ago. As a matter of fact, one of the factors that attracted me was their flat-fee service. With that, it helped me save a lot of money.

There are doubts about the quality and professionalism of Ohmyhome agent services. What do you think?

I initially had the same thoughts as well – whether the agents had sufficient experience or level of professionalism. But what struck me when I first met up with the agent was that he explained all the details clearly.

It’s even stated in the contract that should the house not be sold, there will not be any fees payable. That placed me at ease in trying out the services. I’ve no regrets in taking the first step to try Ohmyhome.

What made you decide to sell your HDB flat through Ohmyhome?

There are two reasons – one is the technology. I am able to list my property on the app and see how many views there are on a daily basis gives me a lot of assurance in terms of how things are moving forward.

Another reason is the agent that I worked with. He’s very knowledgeable, very approachable and sincere, and someone who knows his trade. Working with him has been very satisfying and I’m happy that I sold my flat in a short period of time, and at the price I wanted.

By engaging Ohmyhome’s agent service, how much money did you save and how are you going to use that money?

By using Ohmyhome, I saved around $5,000-$6,000. I haven’t really thought about how I am going to use this money, but it’s definitely a significant amount.

Would you recommend Ohmyhome to your friends?

Absolutely! I’ve been telling my friends and colleagues who are interested in selling their HDB flat about this app and the range of professional services that I get from the agent despite paying a flat fee. I think that the affordable fees for engaging the Ohmyhome service have a strong appeal. If you need a full service, you pay from $2888. If you only need documentation services, you pay a lower fee of $1688.

What advice do you have for people looking to sell their house?

New apps like Ohmyhome are very disruptive to the market. It benefits consumers like myself – people who are HDB sellers and buyers. This makes it very easy for people like us to conduct HDB transactions. I think everyone should embrace and try such innovative applications out because the advantages are huge. I encourage everyone to use it!

If you’d like to discuss about your flat’s selling prospects, reach out to us at 6886 9009 to secure an appointment today or message us on Intercom, which can be found at the bottom, right-hand corner of the screen. You can also WhatsApp us at +65 9727 5270!

Frequently asked questions

If I just need property documentation services, how much do I pay in fees?

If you only need documentation services, you pay a lower fee of $1688.

Are there any fees payable if the house/flat is not sold?

There are no fees if Ohmyhome is unable to sell your property.

What property services are available on the Ohmyhome mobile app?

Apart from listing your property for sale for direct contact with potential buyers, you can also inquire on mortgage, conveyancing and renovation services.

Cover image: Unsplash.com

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