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Tagged "Court Decision"

Piedmont Real Estate Blog

Blog by Julie Emery

Amissville, Virginia

An ongoing dialog on real estate news, opinion and trends in Northern Virginia and the greater Piedmont area. Julie is an Associate Broker at Century 21 New Millennium, 5451 Old Alexandria Turnpike, Warrenton, VA 20187

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Piedmont Real Estate Blog

The Fees Must Go!

May. 9, 2009

Categorized in: Business of Real Estate

Tagged with: brokerage admin fees, court decision, real estate admin fees, seattle times

The Seattle Times has an article about a recent court decision declaring brokerage admin fees illegal.

It's about time! These are impossible to justify to clients, particularly sellers who are already paying thousands of dollars in commissions.

It is "nickel and diming" our clients and it's shameful.

If you wonder why the real estate industry has such a poor reputation, here's another reason why.

And, to the argument from brokerages that they can't be profitable without these fees...then clearly there's something wrong with the business model.

But I've been saying that for some time now!

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