DirectHome acts as a supporting role in the DIY journey of a home owner. DirectHome will provide a wide range of Services (Personalised Accounts Manager, Exclusive Advertisement on your Property on TOP 5 Property Portals…Full list can be found here) and tools (paperworks to timeline planners) to aide home owners with the capability to complete the entire process on their own, fixed at 0.50% for sale and 0.25 for rent, to be paid only upon completion! Not transacted, no fee!
There are 2 options of services in DirectHome for home owners:
- 1. Free listing
- 2. DIY listing
This is a free service where seller and landlord can list your property in DirectHome Platform. Buyer(s) and tenant(s) can contact you directly to enquire about your property via our DirectHome Mobile App or Messaging System. DirectHome provides valuable tools which includes all Paperworks (downloadable 24/7) to Timeline Planner for all to use, absolutely FREE. Your listing goes live on DirectHome Platform to the public once you publish it, till the moment you unpublish it.
DIY Sale
This is a pay on completion of 0.50% for the sale of your property. Terms and Conditions for the service will be clearly stated for your acceptance before we proceed.
DIY Rent
This is a pay on completion from 0.25 month of rent NETT for the rental of your property. Terms and Conditions for the service will be clearly stated for your acceptance before we proceed.
Sale & Purchase | Buyer Pays | Seller Pays |
---|---|---|
HDB | 1% of transacted price to buyer's agent | 2% of transacted price to seller's agent |
Private Property | Buyer doesn't pay commission | 2% of transacted price (1% to seller's agent, 1% to buyer's agent) |
Rental | Buyer Pays | Seller Pays |
HDB 1 year lease | 0.5 month to Tenant's agent | 0.5 month to Landlord's agent |
HDB 2 year lease | 1 month to Tenant's agent | 1 month to Landlord's agent |
Private Property 1 year lease | 0.5 month to Tenant's agent | 0.5 month to Landlord's agent |
Private Property 2 year lease ($4500 and below) | 1 month to Tenant's agent | 1 month to Landlord's agent |
Private Property 2 year lease (Above $4500) | Tenant doesn’t pay commission | 1 month (0.5 month to Landlord's agent, 0.5 month to Tenant's agent) |
*Private Property refers to condominium, apartment or landed.
FOR SALE | |||
---|---|---|---|
Price | Agent Charge (GST) | DirectHome Charge (NETT) | Owner Saves |
$400,000 HDB | $8,560 | $2,000 | $6,560 (76%) |
$1,000,000 PTE | $21,400 | $3,800 | $17,600 (82%) |
FOR RENT | |||
---|---|---|---|
Price | Agent Charge (GST) | DirectHome Charge (NETT) | Owner Saves |
1 YEAR $2,000/MTH | $1,070 | $500 | $570 (53%) |
2 YEAR $3,000/MTH | $3,210 | $1,140 | $2,070 (65%) |
The property agent collects the commission from his buyer. You do not need to pay any commission.
Please note that if any property agent wants you to engage them as your agent, you do not need to since you are DIYing your HDB sale via DirectHome DIY Service (DirectHome advertises on all Top 5 major property portals) unless they are advertising on a different portal from DirectHome.
As the buyer of private property does not pay his property agent a commission in the current market practice, you have to pay the buyer’s property agent a commission of 0.5% or more, of the transacted price when there is a deal closure.
Even when doing so, you still save 1.12% of the commission after deducting DirectHome DIY Sale fee of 0.38% since the market rate commission is 2% if you were to engage a property agent representing you as a seller.
You will however, save a large sum of 1.62% commission of the transacted price, if a direct buyer were to buy your private property.
Please note that if any property agent wants you to engage them as your agent, you do not need to since you are DIYing your private property sale via DirectHome DIY Service (DirectHome advertises on all Top 5 major property portals) unless they are advertising on a different portal from DirectHome.
A valid point made. The market commission rate charged by property agent is still at 2.0% of the transacted price in order to provide the full suite of services.
These services entail maximising your property exposure in getting the most number of buyers to your property, conducting viewings to all enquiries, provision of timeline planning, financial calculation and filling up of paperwork.
Accepting your deal at half of the market rate commission at 1%, you need to ensure that this agent will still provide these full suite of services to enable you in getting the highest price and service for your property, especially when it comes to conducting viewings for all potential buyers. It is not uncommon for property agents to have multiple deals at every single point of time. Hence when it boils down to having to attend to your deal at 1% commission and another property which pays 2% commission, it is quite human nature that your deal might be neglected and potential viewings are lost.
At DirectHome, you do not have this worry. We charge a nett fee of 0.38% of the transacted price and provide a full list of comprehensive services to enable you to sell your own property at the highest price, without any pressure to sell at any point of time.
As you are conducting your own viewing and it takes us minimal effort to direct all potential buyers and buyer’s agents to you, as well as DirectHome advertises your property in all 5 top property portals, you get the maximum exposure and number of potential buyers.
DirectHome provides you with all the relevant support, from advertising your property, providing full analytical property report, timeline planning, financial calculations, personalised Accounts Manager, paperwork provision to guides and service, you are more than capable and is the best person to sell your own property at a fair fee.
In addition, when you got a direct buyer from DirectHome to buy your private property, you save a large sum of 0.62% commission.
Please note that if any property agent wants you to engage them as your agent, you do not need to since you are selling your private property on your own via DirectHome DIY Services (DirectHome advertises on all Top 5 major property portals) unless they are advertising on a different portal from DirectHome.
1-year lease:
The property agent collects the commission from his tenant. You do not need to pay any commission.
2-year lease and rental is at or below $4500/month:
The property agent collects the commission from his tenant. You do not need to pay any commission.
2-year lease and rental is above $4500/month:
As the tenant of private property does not pay his property agent a commission in the current market practice when the rental is 2 years and above $4500/month, you have to pay the tenant’s property agent 0.5 month of the rental as commission when there is a deal closure.
Even when doing so, you save 0.12 month of the rental (less off DirectHome DIY Rent fee) since the market rate commission is 1.0 month of the rental as commission for a 2-year lease if you were to engage a property agent representing you as a landlord.
You will however, save a significant amount of 0.68 month of the rental as commission, if a direct tenant were to rent your private property.
Please note that if any property agent wants you to engage them as your agent, you do not need to since you are DIYing your private property rental via DirectHome DIY Service (DirectHome advertises on all Top 5 major property portals) unless they are advertising on a different portal from DirectHome.
A valid point made. The market commission rate charged by property agent is still at 1 month worth of rental for a 2 year lease.
These services entail maximising your property exposure in getting the most number of tenants to your property, conducting viewings to all enquiries and completing of paperwork.
It is not uncommon for property agents to have multiple deals at every single point of time. Hence when it boils down to having to attend to your deal at 1 month commission and another viewing which potentially can earn them more, it is quite human nature that your deal might be neglected and potential viewings are lost.
At DirectHome, you do not have this worry. We charge a nett fee of 0.38 month worth of rent and provide a full list of comprehensive services to enable you to rent your own property at the highest price, without any pressure to give in at any point of time.
As you are conducting your own viewing and it takes us minimal effort to direct all potential tenants and tenants’ agents to you, as well as DirectHome advertises your property in all 5 top property portals, you get the maximum exposure and number of potential tenants.
DirectHome provides you with all the relevant support, from advertising your property, providing full analytical property report, personalised Accounts Manager, paperwork provision to guides and service, you are more than capable and is the best person to rent your own property at a fair fee.
In addition, when you got a direct tenant from DirectHome to rent your private property, you save a large sum of commission worth 0.62 month of rent.
Please note that if any property agent wants you to engage them as your agent, you do not need to since you are DIYing your private property rental via DirectHome DIY Service (DirectHome advertises on all Top 5 major property portals) unless they are advertising on a different portal from DirectHome.
DirectHome uses the information technology platform to streamline the processes. The selling and renting processes are basically a sequence of event which DirectHome has structured them into a step by step Guide with tools and Paperworks to aide the home owners. This effectively reduces the complexity and removes bulk of the repetitive nature of the one to one explanation to each seller and landlord. As home owners are DIYing the entire process with the complete Services,tools and Paperworks from DirectHome, overheads are kept to a minimal with the cost-savings passed back to our customers.
To start selling or renting your home, you just need to click on List Your Home at the top right-hand corner of our website or on our mobile app, sign up, create your listing and you are good to go. Once you have published your property advert, you can also amend it at any point of time.
No, you can save your progress as a draft and continue where you stop at any point of time. All your listing (draft and published) can be found on your dashboard after logging in using your DirectHome login credentials as well as on your mobile app, which you can choose to edit, publish, unpublish and upgrade to an DIY Service.
Yes you do, you are the best person to showcase your property whether you are using our Free or DIY service.
If you are on our Free service, you can use our step by step Guide to complete the process and paperwork.
If you are on our DIY service, you can use our step by step Guide to complete the process and paperwork. If you have any further questions, your assigned Accounts Manager is right here to assist you.
The buyer/tenant can connect to you directly by clicking on your listing and click “Message Lister” button to start communicating without the need to exchange any contact details. All messages will be directed to your DirectHome Messaging INBOX, you will see it after you logged in. There will be a notification alert of this viewing request in your DirectHome App and email. A sms will also be sent to you. Through our Messaging INBOX, you can easily track all viewing enquiries in one place without the need to disclose your contact details.
Yes, DirectHome deals with all types of residential properties (e.g. HDB, Condominium, Apartment, Landed) in Singapore, from Landed sales to Room rentals at a fixed low fee from 0.25 month of rent. However, we do not handle commercial property and overseas property at the moment.
Yes you can, DirectHome does not interfere with your arrangements with your property agents as long as it is not an exclusive agent. Moreover, why do you need to engage an agent when DirectHome advertises on all Top 5 property portals, charges lesser and yet still aides you in your entire DIY journey.
If you experience any technical problems, please email us at [email protected] or contact our customer service support at +6597113774 to speak to us.
Our fees will be prorated from 6 months to 1 year lease with a minimum fee of 0.13 of the monthly rent. (e.g. 3 to 6 months lease will be charged 0.13 of the monthly rent, 7 to 11 months will be prorated monthly from 0.15, 0.17, 0.19, 0.21, 0.23 respectively)
Your advertisement will be published on the next working day after you had published your home in DirectHome platform.
Your advertisement will be refreshed every Wed and Fri at 1pm (when most potential home-seekers are in their free time browsing properties), and Sat 9am (when they are arranging to view properties for that day or Sunday) based on our statistics and experience.
All you need to do is update your listing details in DirectHome and inform your Accounts Manager about the changes and your amendments will be propagated to all portals by the next working day.
All banks will give a desktop valuation based on the recent transactions (from the property report we sent) i.e. $850-$880K. When the property is sold, the buyer will request for the HDB valuation by the next working day and if the buyer is taking a bank loan instead of HDB loan, the bank will use the valuation done by HDB. If you like to, DirectHome can also arrange, at a fee, for a licenced valuer to do a site visit at your property in order to generate the valuation report. However, this is solely for your own reference and HDB will not recognise this professional valuation report.
Entirely free to buyers and tenants, you can use DirectHome Resources to complete the process and paperwork for your property purchase or rental. This saves the 1% commission payable by HDB buyers or 0.5 to 1 month of the rental as commission for rental transaction if a traditional property agent is engaged.
For the private property buyers, as the sellers in DirectHome save a substantial amount on commission, the sellers might be more willingly to give you a better deal than if you were to come into the deal with a property agent. Moreover, with direct communication with the sellers, your questions and offer can be quickly conveyed to the sellers.
Accessing these Resources give the buyers and tenants clear and concise streamlined guides on how and what to do to complete the transactions.You can browse through genuine property listings by home owners and contact them to arrange for the viewings via our app or Messaging system.
Sale Purchase | Buyer Pays | Seller Pays |
---|---|---|
HDB | 1% of transacted price to buyer's agent | 2% of transacted price to seller's agent |
Private Property | Buyer doesn't pay commission | 2% of transacted price (1% to seller's agent, 1% to buyer's agent) |
Rental | Buyer Pays | Seller Pays |
HDB 1 year lease | 0.5 month to Tenant's agent | 0.5 month to Landlord's agent |
HDB 2 year lease | 1 month to Tenant's agent | 1 month to Landlord's agent |
Private Property 1 year lease | 0.5 month to Tenant's agent | 0.5 month to Landlord's agent |
Private Property 2 year lease ($4500 and below) | 1 month to Tenant's agent | 1 month to Landlord's agent |
Private Property 2 year lease (Above $4500) | Tenant doesn’t pay commission | 1 month (0.5 month to Landlord's agent, 0.5 month to Tenant's agent) |
'*'Private Property refers to condominium, apartment or landed.
To start buying or renting your next property, you just need to
sign up for a free account with DirectHome. You can browse through genuine property listings by home owners and contact them to arrange for the viewings via our app or Messaging system.You can connect to the home lister directly by clicking on the “Message Lister” button in the property details page and start communicating without the need to exchange any contact details. All messages will be directed to your DirectHome Messaging INBOX, you will see it after you logged in. There will be a notification alert of this viewing request in your DirectHome App and email. Through our Messaging INBOX, you can easily track all enquiries in one place without the need to disclose your contact details.
Your messages will be sent instantly to the sellers and landlords
Message inbox, with email and app notification alerting them of new messages too.You can
Message the sellers and landlords directly via DirectHome Messaging system or our app to arrange for viewings.Yes you do. You can download the DirectHome Viewing List (also found in DirectHome
Resources under “Browse & Arrange Viewings”) to list down the various properties that you will be viewing.- DirectHome Viewing List for HDB Buyer
- DirectHome Viewing List for Private Residential Buyer
- DirectHome Viewing List for HDB Tenant
- DirectHome Viewing List for Private Residential Tenant
This is to keep track of the properties that you are interested in and jot down the various attributes and remarks during the viewings to narrow down to your dream home.
No, there is no expiry on your free account. You may use it as and when you need to buy or rent a property, as well as handy services from Conveyancing Law Firms to Cleaning services etc etc.
Yes you can. DirectHome does not interfere with your arrangements with your property agents.
If you experience any technical problems, please email us at
[email protected] or contact our customer service support at +6597113774 to speak to us.