After you have downloaded Ohmyhome App, start your journey. Choose I am a "Seller" from the list.
Please check on your eligibility to sell your flat before posting your listing on Ohmyhome to thousands of buyers.
MOP in most cases require you to physically occupy your flat for 5 years before selling it in the open market.
Find out who is eligible to buy your flat.
Click "Post My HDB", choose "For Sale". Input your flat address.
You may schedule an open house in the open house section.
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.
Below are a few simple tips to make your home welcoming and attractive.
For safety reasons, it is advisable to have someone with you when conducting a 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."
Do not let your buyer wait, be prepared to show off your home to the potential buyer.
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.
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.
Grant the Buyer an Option to Purchase (OTP) in exchange for an Option Fee ranging from $1-$1000.
The maximum extension period is 3 months and apart from being agreeable between the buyer and seller, HDB MUST BE INFORMED of the extension.
Need more assistance in closing the deal?