When buying, selling or renting property in Singapore, working with a qualified real estate agent can make the process much smoother. However, it’s important to understand how agent commissions work to avoid any surprises. Below, we’ll break down everything you should know about realtor commission rates in Singapore, from different property types to the roles of buyer’s and seller’s agents. Unlike some countries, Singapore does not have fixed or legally regulated commission rates for property agents. Commissions are freely negotiable between the agent and client. With that said, some standard practices have emerged over the years. For property sales, the total commission is typically between 1% to 4% of the sale price. This is usually paid entirely by the seller. If there are agents representing both the buyer and seller, they will split the commission between them – an arrangement known as co-broking. The exact split depends on the agreement between the agents, but 50/50 is common. Here’s how commissions typically break down by property type:...