Episode #14: Junk Fees
There’s a debate going on right now in the real estate community regarding “junk fees”. What’s a junk fee? Many large brokerages charge an “administrative fee” of around $200 or so. This fee sometimes goes by other names, but what exactly a buyer is “getting” for this fee remains debateable. Be sure to ask your Realtor about any fees (administrative or otherwise) that his company may charge. These fees are often picked up by your agent…meaning that the big company your agent works for not only makes up to 50% of the commission, but they also end up collecting “junk fees” as well. Many, including me, view these fees as totally unnecissary. Feel free to email me at email@example.com if you have questions. Remember that Real-a-Save rebates a portion of our commission to our buyers…so we SAVE you money as opposed to nickle and diming you to death!