Question 30 of 30 Questions over 30 Days answered in 30 Seconds - How Do I Choose a Closing Company? If you do not know one or have a referral for one - ask your real estate agent, lender or
What is a broker administrative fee?
Dated: March 18 2021
Question 27 of 30 Questions over 30 Days answered in 30 Seconds - What is a broker administrative fee?
This is a service/commission fee charged, as part of the commission owed to the brokerage, to buyers and sellers at closing for their transaction. It's mostly used for paperwork processing and document storing and management. In Minnesota, most brokerages have this charge and it can range from $200-$800. Some teams also charge this fee at closing. Our team does not charge a fee separate from commission and/or our brokerage.
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Cindy has been a licensed Realtor since 2000, and a licensed real estate broker since 2004. She and the entire Welcome Home Team strive to meet and exceed their clients expectations while delivering ....