SINGAPORE – Two months after appointing a property agent to advertise her Punggol flat while she searched for a new home, senior manager Jessica Chai thought of trying her hand at marketing her unit herself, as she was not in a rush to sell.
“I trust that it will be a safe and reliable platform, and I would be able to market my unit at my own pace while saving on agent fees,” she added. Another seller, who wanted to be known only as Mr Ng for privacy reasons, said he was interested in trying out the service as there are limited platforms where home owners can market their units themselves.
“This requirement ensures the buyers are not wasting their time during viewings. If they don’t have their HFE letter yet, they won’t have a clear idea on their loans and whether they can afford the flat in the first place,” she said.Property agents told The Straits Times they do not expect the service to entirely replace existing property listing platforms, despite it being free.
A feature on its listing service alerts sellers when their listing price is 10 per cent or more than the highest transacted price of similar units nearby in the past six months.