Compliance Fee At Closing*
This package includes a compliance fee at closing. The compliance fee is paid by all sellers out of their proceeds at closing. This fee is to make sure we can continue to offer our low fee listing services while providing excellent service, which we have been doing for 20 years.
This fee helps cover always increasing MLS and association fees. The fee also cover the “behind the scenes” work we have to do to remain compliant with all state and national real estate regulations. In addition to listing your property, we have to remain in compliance with MLS and Real Estate Commission rules after it goes under contract, and after it closes. This involves collecting and maintaining a lot of paperwork and making status changes.
The fee is a low .25% (a quarter of 1%) of the sale price, which is less than 1%, and much less than the national average of listing which is approximately 2 to 3%.
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