DIY Step-by-Step Guide for Sellers

Selling your HDB resale flat just got simpler with Ohmyhome. Follow our guide for your journey of finding the perfect Buyer for you with Ohmyhome.

Step 1

Start Your Journey

After you have downloaded Ohmyhome App, start your journey. Choose I am a "Seller" from the list.

Eligibility

Please check on your eligibility to sell your flat before posting your listing on Ohmyhome to thousands of buyers.

Minimum Occupation Period (MOP)

MOP in most cases require you to physically occupy your flat for 5 years before selling it in the open market.

Ethnic Quota

Find out who is eligible to buy your flat.

Step 2

Post your HDB

Click "Post My HDB", choose "For Sale". Input your flat address.

  • Fill in your Contact Details.
  • Complete the information about your flat.
  • Upload photos and enter a Selling Price.

    • Open House Schedule

    You may schedule an open house in the open house section.

    Chat with the Buyers

    Buyers will chat with you when they are interested with your flat. Enable chat notifications to be notified when a potential buyer chats with you.

    Get to know your Buyer

    • What is their budget??
    • Are they familiar with the neighbourhood?
    • A first-time buyer or looking for contra facility?
    • Schedule a viewing.

Step 3

Getting Ready for a Viewing

Below are a few simple tips to make your home welcoming and attractive.

Ask for Company

For safety reasons, it is advisable to have someone with you when conducting a viewing.

Before the viewing

Either you or the buyer may reconfirm the viewing schedule the day before. You may contact the buyer and send a message like this; "Hi, see you tomorrow at 7pm in my flat at Block 671B Unit #04-06 Serangoon Road for the viewing. Please confirm that you are coming. Thank you."

  • Declutter your flat for everyone loves a clean and neat house.
  • Store away valuables such as your wallet, watches and jewellery safely.

On the day of the viewing

Do not let your buyer wait, be prepared to show off your home to the potential buyer.

  • Cool your home with an electric fan or aircon. Open all the windows for better ventilation and to create a comfortable environment.
  • Ensure there is enough lighting so the buyer will be able to see the beauty of the unit.
  • It is recommended to walk with the potential buyer to all the rooms in your flat instead of asking him to explore freely.

Step 4

Negotiations

How to set your reserve price? You need to set a realistic reserve price. Reference on past transacted prices of similar flat type in your neighbourhood.

Your potential buyer may ask for a lower price, be ready to negotiate professionally.

Step 5

Deciding

If you are unsure of whether the buyer is really keen in buying your flat, then continue to schedule viewings until you find the "right one" for you.

Thank the buyer for his time and ask him a specific date when he can update you about his decision. It is advisable to follow up with the buyer within a week.

Step 6

Conclude the Sale

Grant the Buyer an Option to Purchase (OTP) in exchange for an Option Fee ranging from $1-$1000.

  • After the Buyer has exercised the OTP, you both need to submit the Resale Application Checklist within 7 days.
  • Attend the required Appointments and remember to look out for a HDB Approval letter in the mail.
  • The Buyer will conduct final inspection.

Temporary Extension of Stay

    The maximum extension period is 3 months and apart from being agreeable between the buyer and seller, HDB MUST BE INFORMED of the extension.

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Still confused?

Call us at   +65 6886 9009, chat with us through the In-App Chat or email us at help@omh.sg