We Are Not Cut-rate Service, But Service Far Beyond Cut-rate!

Good Evening and keep up the good work and good luck with your business,  E

Don, one of the things I love about my little box company is no admin fee.  I hated it when my old company charged one and I usually absorbed it.  They said it was to pay for storing the paperwork.  Please!

I very very seldom charge that fee.  It is usually done so in conjunction with some other work being done.

     ANY consumer, be they Buyer or Seller, needs to READ THE FINE PRINT in their contract with a Broker before signing.   Be aware of "Transaction Fees" and "Admin Fees" that are buried deep in that contract!   

You guys, ROCK!!! Way to get it done and have clients. Keep up the great work, Don. 

Great post.  I am sure your clients loved their new TV.  :)  I have not charged those fees even though many other agents in town do.  

Hi Don -- and those fees always seem to be buried in a very small font too(but large enough to satisfy any legal requirement).   It's sad but a reality for many companies.

Don, I never charge those fees either. It's a percentage of the sale price and that's it. I can remember the days I worked for big box brokers and they all required an admin fee, most of the time I'd pay it vs. requiring my clients too because I just didn't believe in it.

Don, its refreshing to see that there are people like Sabinske & Associates

who still like to be up front and honest with their clients and prospects.

I am sure you  guys never have to get the deer in the headlights look in YOUR eyes:) 

Don, I haven't seen those add-on fees yet, being straight up with clients is always the best policy. 

I had an agent try to charge my client a fee! It went on the HUD-1 and was sent to me. After reviewing the HUD I called the closing company and questioned it. The closing company told me the were SPECIFICALLY instructed to put the fee on my client's side. I had it removed, of course.

Called the other agent and s/he stated "We charge both sides on all transactions. You are the first to say anything."

After I finished laughing at them (to keep from exploding) I stated they will not be charging my client ANYTHING.

I wonder how many agents don't even review the HUD-1 and cost their customers money?

MOST brokerages down here do the same thing, charge a broker fee. Many charge it to the client AND also to the agent that brings the buyer!!!! My brokerage does not charge the client a broker fee.............ALL the big boxes do!

And, that is another good reason why we left the big box real estate business.  We can make our own decisions for the good of our clients!

Great post Don. When it comes down to it...it is all about the agents and quality of service.

Well, this is a choice of a client who to work with. Some are really impressed with big names, some value relationship with an agent. I worked with different brokers over the years and I don't believe even for a moment that I provide less value for my clients by not being a part of a ''big box company'' with all their rules, regulations, extra fees and deep pockets.