Raymond E. Camp, Licensed Real Estate Salesperson Greater Rochester (Howard Hanna Real Estate Services)

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Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

       I've seen a few of those in our MLS.   This is the same nickel-dime mentality as brokers who charge their customers a "transaction fee" on top of the sales commission.

    

Apr 19, 2018 12:27 PM
Rainmaker
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Oh you mean those damn technology fees? Everybody wants to be in our freaking pocket. And none of them are any good at what to do when they get in there either LOL

Apr 19, 2018 12:16 PM
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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Nope.  Unless it's an agent working on 100% commission at a brokerage, there shouldn't be a fee anywhere that's not a part of commissions, unless of course it's a super low priced listing.  

 

Nickel and diming buyers and sellers is another reason the door is open to 3rd party companies wiping out Realtors altogether.  If I were an agent, I would absolutely not charge any of my clients this kind of fee, nor would I pay it.

 

Technology fee?  Ok fine I'll stop using technology and we'll see where that takes your brokerage.

Service fee?  Ok I'll stop providing service.

 

No matter how you name or describe it, it's a cost you should have rolled into the commission splits.

Apr 19, 2018 02:06 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Should have it in your Buyers Agency that the buyer will pay all fees along with the commission, then they can put in the offer that the seller will pay these.

Apr 19, 2018 12:50 PM
Rainmaker
4,213,792
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

why is there a fee of $170??? If I were the buyer's agent, I wouldn't pay that....

Apr 19, 2018 01:38 PM
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Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

What Fred Griffin said.  Just another way to screw over clients for a quick buck.  Which is why we don't charge those fees.

Apr 19, 2018 03:48 PM
Rainer
139,298
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

I like to think Karma will catch up to these types. I just would like to be around once or twice when it does.

Apr 19, 2018 01:51 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Nickel and dime these fees are sneaking around here and there

Apr 19, 2018 02:43 PM
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

Well yes & no. We do this in our MLS also (35+ years) & our fee is $300 or so. I used to not charge buyers agents & then I realized I was out 3K every year minimum by being 'a nice gal'. I might be nice but I stink at math - so I started charging again.

Apr 19, 2018 02:06 PM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

I like the suggestion by Bob Crane

These are agents that you will try to avoid.

Apr 19, 2018 01:38 PM
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Alan May
Coldwell Banker Residential - Evanston, IL
Helping you find your way home.

Pretty normal here... all of the big box agencies are charging an MLS fee... $170.00 is on the lower side, around here.

Apr 19, 2018 03:56 PM
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Corinne Guest, Managing Broker
Barrington Realty Company - Barrington, IL
Barrington, a Luxury, Country Suburban Lifestyle.

It's been done like this for years in my area. They call is an MLS fee, it's a junk fee but no-one now will ever take it away! The good news is as a sellers agent you receive, the bad news as a buyers agent you lose. It is what it is and here is accepted as being normal.

Apr 19, 2018 03:40 PM
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Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

They try to take more. 

Apr 19, 2018 03:20 PM
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I have not seen that, but our company charges a flat fee to the client on all transactions.

Apr 19, 2018 02:50 PM
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Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I agree with Fred Griffin. Personally, hate all that nickel and diming.

Apr 19, 2018 02:33 PM
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Nickel and dime came to my mind as well. It interesting to see its prevalence in the Chicago area. Again proving real estate is very local.

Apr 19, 2018 04:15 PM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I agree with Fred Griffin 

Apr 19, 2018 03:13 PM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Someone would need to give me a detailed explanation for the charge. And depending upon the answer appropriate action would be taken! And, I would refuse to pay it!

Apr 19, 2018 03:13 PM
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Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Bob Crane nailed this one!

Apr 20, 2018 04:51 AM
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Absolutely what Fred Griffin said - Nickel & Diming at its finest!

Apr 19, 2018 06:15 PM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Maybe.

Apr 20, 2018 05:36 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

$170 for what?

Apr 20, 2018 05:05 AM
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Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

I'm starting to see these more and more on foreclosure listings.  Typically, I won't pass that along to a buyer (as long as the math makes sense).  Meanwhile, our company tries to pass along a $495 transaction fee... or a "junk fee" as I called it.  I don't/won't charge it and reached an agreement so that I'm not "eating it" either.   In general (key words!), people pay quite enough for our services and adding more simply compromises our integrity (IMHO). 

Apr 20, 2018 04:47 AM
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Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

I've seen this on some foreclosure listings. I was wondering what it was all about also.

Apr 20, 2018 04:09 AM
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have seen it

Apr 20, 2018 03:27 AM
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Don't think those fees are charged here in California. Certainly not my brokerage.

Apr 20, 2018 01:15 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Raymond E. Camp - I have not seen in our MLS, yet!

Apr 19, 2018 10:03 PM
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Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I'd remove the fee in my offer. Let's see the seller lose a great offer over $170.00 The REO companies and loser Realtors did that crap in the short sale days with "SS negotiators" As a CDPE I used to counter that all day long and tell them I'd be the SS negotiators since I knew more than 99% of them-proven not ego.

Apr 19, 2018 06:42 PM
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have not seen this in Denver, other than one on-line company that had REOs, but we don't see many of those now.

Apr 22, 2018 08:27 AM
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

With a true professional a fee is the cost of doing business and would not be passed on to someone else.  Interesting what one will do to get the business but at the same time not be willing to pay the cost of getting the business.

Apr 20, 2018 09:16 AM
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Bob "RealMan" Timm
Alliance Real Estate - Minot - Minot, ND
Bob Timm, Broker Associate, Alliance Real Estate

I'm not sure I understand the question Raymond E. Camp . but if I sold someone elses listing and my commission was 2.5% less a fee of anykind I would go out of my way NOT to sell another one of their properties.

Apr 19, 2018 07:21 PM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Interesting question.

 

Apr 24, 2018 04:17 PM