Financing

Financial planning is important for sellers, especially if they are financing their next home purchase with the net proceeds from the sale of their existing flat.

You can use our Sale Proceeds Calculator to assist your seller-clients in working out their estimated net proceeds, so that they would know how much they are likely to receive, and how much is available for their next housing purchase.

When assisting your clients in their financial planning, be sure to highlight the following:

• Outstanding payments required - Sellers need to settle all the outstanding payments before they sell their flat.
• Costs and fees payable - Sellers need to know these cash payment(s), e.g. commission for engaging your services.
• Planning for seller's next flat - Sellers need to confirm their next housing before selling their flat. If they wish to buy another housing, they need to ensure that they will have sufficient budget to do so.