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A small transaction fee (processing fee) of .0033 (only 1/3 of 1%) of the final contract sales price is due Sellect Realty.
FMLS charges a transaction fee of .0012 of the final contract sales price that the Seller is responsible for paying (a mandatory fee for all homes listed and sold).
Plus, a Buyer's Agent selling commission (typically, 3%), if your home is sold to a buyer represented by an agent.
The above fees are deducted from your proceeds on the Settlement Statement, at closing.
Cost Sample Based on $250,000 Sales Price |
| At Listing |
Flat Fee Listing Fee |
$ 399. |
| At Closing |
Sellect Realty Transaction Fee ($250,000 x .0033) |
$ 825. |
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FMLS Transaction Fee ($250,000 x .0012) |
$ 300. |
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Total |
$1,524. |
Plus, when applicable, a Buyer's Agent Selling Commission (typically 3%) |
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