Singapore Property Scene Discussion

[Volvobrick]

On 5/13/2024 at 1:52 PM, 13177 said:

True, esp for buying. Getting an agent waste time and money. Cause agent also arrange the house viewing thru property guru and platform that buyer themselves also can see the listing and arrange themselves. For HDB, the procedure of submitting all the documents from OTP to HDB appointment is not difficult and having an agent is redundant.

Private property transactions even simpler. OPT with cheque, S and P with cheque, Pay IRAS, Bank Loan Documents (of course MCF members can skip this step), prepare Cashier order and take keys.

 

[Volvobrick]

On 5/13/2024 at 2:22 PM, kobayashiGT said:

NTUC member got discount? hahahaha. 

Buy one get one free ai mai?

[macrosszero]

On 5/13/2024 at 1:09 PM, Volvobrick said:

How did you advertise? 

Nowadays can use Carousell

[Wt_know]

On 5/13/2024 at 1:52 PM, 13177 said:

True, esp for buying. Getting an agent waste time and money. Cause agent also arrange the house viewing thru property guru and platform that buyer themselves also can see the listing and arrange themselves. For HDB, the procedure of submitting all the documents from OTP to HDB appointment is not difficult and having an agent is redundant.

smelly smelly $500K job hor

quite humble already

brochure that stuck in my hdb gate, the agent is no million dollar club no talk one … 

[ccc888]

On 5/13/2024 at 11:44 AM, Throttle2 said:

i sold all my private properties basically on my own.   good properties will sell themselves.  dont need to pay 1% for agents to sell.  0.5% max.

Govt should regulate agents comms .    

Where to advertise? Carouhell?

[ccc888]

On 5/13/2024 at 3:25 PM, macrosszero said:

Nowadays can use Carousell

Heard for room rental OK….else attract lowball buyers whahaha

[ccc888]

On 5/13/2024 at 2:48 PM, Volvobrick said:

Private property transactions even simpler. OPT with cheque, S and P with cheque, Pay IRAS, Bank Loan Documents (of course MCF members can skip this step), prepare Cashier order and take keys.

 

I think the difficult part is the showsmanship and price negotiation.

If u are already a talented conman or your unit is very easy to sell at reasonable pricing.

Im a terrible liar…..scared buyers ask me why i wana sell (truth is hell neighbours for eg.) whahahaha

Also need to entertain lowballers and keep yr cool not to shout 4letter word whahaha

I tried to sell my car last time via sg carmart for 3mths and gave up trade in to dealer whahaha

 

[Stary]

On 5/12/2024 at 11:19 PM, Volvobrick said:

No agent good lah can save 2%! Or is it 3%?

What's so complicated? Agents also only provide a standard OTP template, actual legal work handled by lawyers. Maybe HDBee can expand its biz and cover private properties as well for a fixed fee maciam sgcarmart, ie 90 dollars, for 6 month duration.

Lawyers can list their service too with the fees for each type of transaction.

 

For direct buyer-seller case, it should be quite straightforward assuming they know what need to be done.

But if it is a contra case for one of the parties, then it can be complicated.  The timing and paperwork for all 3 parties have to be aligned correctly.  Expectations and anxieties have to be managed for all 3 parties.

Edited May 13, 2024 by Stary

[ccc888]

On 5/13/2024 at 5:45 PM, Stary said:

For direct buyer-seller case, it should be quite straightforward assuming they know what need to be done.

But if it is a contra case for one of the parties, then it can be complicated.  The timing and paperwork for all 3 parties have to be aligned correctly.  Expectations and anxieties have to be managed for all 3 parties.

Simi contra….i dont even know whats that 😅

[Stary]

On 5/13/2024 at 5:51 PM, ccc888 said:

Simi contra….i dont even know whats that 😅

contra cases quite common what...........

[ccc888]

On 5/13/2024 at 6:00 PM, Stary said:

contra cases quite common what...........

Never know this term until today whahaha

 

[ccc888]

If i wana DIY sell direct on HDB portal, can agents with buyer contact me? Or only direct buyers?

Edited May 13, 2024 by ccc888

[macrosszero]

On 5/13/2024 at 5:38 PM, ccc888 said:

Heard for room rental OK….else attract lowball buyers whahaha

Normal lah. Just ignore. If they wanna lop 20% off your market-priced flat they can go take a long walk off a short pier. You’re not obliged to accept offers you don’t like, just say thanks and you’ll think about it.

[ccc888]

On 5/13/2024 at 6:15 PM, macrosszero said:

Normal lah. Just ignore. If they wanna lop 20% off your market-priced flat they can go take a long walk off a short pier. You’re not obliged to accept offers you don’t like, just say thanks and you’ll think about it.

I got no patience, i created carouhell acct before try to sell my hp long time ago…..ended up delete the app….damn annoying whahaha

[Volvobrick]

On 5/13/2024 at 5:45 PM, Stary said:

For direct buyer-seller case, it should be quite straightforward assuming they know what need to be done.

But if it is a contra case for one of the parties, then it can be complicated.  The timing and paperwork for all 3 parties have to be aligned correctly.  Expectations and anxieties have to be managed for all 3 parties.

Property can contra? Wait for buyer to sell his existing? 

[Volvobrick]

On 5/13/2024 at 5:44 PM, ccc888 said:

I think the difficult part is the showsmanship and price negotiation.

If u are already a talented conman or your unit is very easy to sell at reasonable pricing.

Im a terrible liar…..scared buyers ask me why i wana sell (truth is hell neighbours for eg.) whahahaha

Also need to entertain lowballers and keep yr cool not to shout 4letter word whahaha

I tried to sell my car last time via sg carmart for 3mths and gave up trade in to dealer whahaha

 

Your car must be cold door type or asking price too high. My cars were all sold with 2 to 3 days (for export) and another one sold for my friend as well. Of course conditions all not bad one and low mileage. One or 2 I saw no chance one I didn't even bother to advertise, just sent straight to scrapyard. 

[ccc888]

On 5/13/2024 at 6:38 PM, Volvobrick said:

Your car must be cold door type or asking price too high. My cars were all sold with 2 to 3 days (for export) and another one sold for my friend as well. Of course conditions all not bad one and low mileage. One or 2 I saw no chance one I didn't even bother to advertise, just sent straight to scrapyard. 

It was a 5yo 3series…..i list few k cheaper than other similar model….

I recall around 3 direct enquiries and 5-6 dealers during the 3mth period.

End up trade in when buy new car whahaha

[Stary]

On 5/13/2024 at 6:35 PM, Volvobrick said:

Property can contra? Wait for buyer to sell his existing? 

for hdb resale.  best you read more here :

https://www.hdb.gov.sg/residential/buying-a-flat/buying-procedure-for-resale-flats/resale-application/request-for-enhanced-contra-facility