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What is result-based commissions?

Unlike the traditional fixed rate commission structure, home sellers have the option to tie the UrbanAgent’s commission to a pre-determined target price. The UrbanAgent programme will provide a schedule of final sale price along with the corresponding commission rate, which the home sellers can review upfront.

The idea is to better align the interest of the UrbanAgent with the home seller client, where the commission will be low starting from $1,888 if the final sale price achieved is low while a higher sale price will warrant a higher commission rate (capped at 2.5%).

Please note that this option is currently only available for HDB and Condominium home sellers.