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Wednesday, May 27, 2009 'Junk' fee or necessity?
In what's become standard practice at a growing number of real estate brokerages, homebuyers and sellers are being asked to pay flat fees of several hundred dollars per transaction on top of the percentage-based commissions they've traditionally been assessed.
The fees can come as an unpleasant surprise to consumers, and some have charged that they violate federal law. Many real estate agents don't like the flat fees, either -- in most cases, they don't receive a cut, and some end up paying them out of their own commissions. More » Multigenerational lead generation
Letter to the Editor Prices continue descent, but there's still construction
From Curbed.com blog Builders promote fee rollbacks
Real estate brief OTHER TOP STORIES Delay move until deal is done
How sellers can prepare for inconvenience One house, multiple personalities
House Keys Prenup's real estate impact questioned
Upon death, property often passes to spouse, not kids Getting over real estate grief
Perspective: Letter to the Editor Latest News »
NOTABLE QUOTE "Here we sit, mortgages roughly 4.75 percent, only 1.3 percent above the 10-year ... If Treasurys continue to blow up, can mortgages stay put, the spread ever-narrower? I don't know -- never tried this before." --Lou Barnes | 
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