Here is an overview of the resale process:
Sellers are required to register an Intent to Sell via the HDB Resale Portal. Through the portal, sellers will be guided on their selling journey and can track their transaction.
As a salesperson, you should:
- Guide your sellers to register an Intent to Sell
- Assist them in their financial planning and estimation of their sale proceeds
- Advise your sellers on the recent transacted prices and assist them in price negotiation with the buyers
- Go through the important notes of the Option to Purchase and explain the clauses of the contract with your clients. Ensure that your client understands the clauses of the contract before they commit to sell their flat.
- Assist your sellers to submit the resale application through the HDB Resale Portal or Estate Agent Toolkit (if your agency is a subscriber) and adhere to the timeframe given. You should also assist your sellers in the preparation and timely submission of documents to HDB in order not to delay the resale transaction.
- Lastly, guide your sellers on the requirements and things to prepare before attending the resale completion appointment
Source: HDB