Many of you may have heard that a federal appellate court recently decided that an Alabama real estate broker violated the Real Estate Settlement Procedures Act (RESPA). This buyer was also able to certify it as a class action suit.
Please note: I am not an attorney and I am in not passing judgement on this fee, either pro or con. This is for consumers, brokerages and the courts to decide.
I do however have one thing to say: Olsen Ziegler Realty, which serves the Greater Cleveland residential real estate marketplace has never, does not now, and never will charge an administrative transaction fee for real estate services.
In fact, we put our entire service offering right on our website for everyone (including our competitors) to see. We believe in demystifying the real estate process and making real estate transparent and approachable for consumers who want the straight skinny!
Real estate is a changin...and that is a very good thing for consumers.
Comments(3)