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