Hidden Real Estate Fees

What do you get from paying real estate fees?

Because of our experience in Real Estate we see a lot of things. Many times we have gone to a closing where the other people were charged a mysterious fee by their agents and brokerages. We have always wondered what this fee is? What is that for? Sometimes the fee is a legal fee mandated by a broker. Other times however, this fee is illegal!

Sometimes the broker or the agent doesn’t even realize that they are charging their clients an illegal fee. They may justify their fee by citing many other brokerages who have it or by claiming that the fee has been around for a long time. The idea that a lot of people are doing something does not make it legal.

Most real estate…

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Daily I receive phone calls and numerous online inquiries regarding buying a home in Utah. As I help people every now and than I will bump into a big surprise. Someone is looking for homes, has all sorts of questions, and wants me to do all the work in finding them a home. Now that isnt the surprise. The surprise is that when I ask if they have a Realtor they are using they say yes. Why would they be calling me when they have a Realtor? So I ask, and here are the answers that I get,

a. My agent does this part time.

b. I have a family member that is an agent.

c. My agent is new.

d. My agent is on vacation.

e. I cant reach my agent.

f. My agent isnt sending me anything I like.

g. My friends dad or brothers uncle is an agent.

What…

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