Pennsylvania has just become the 36th state to ban private transfer fees. Gov. Tom Corbett today signed HB 442 into into law, becoming Act 8 of 2011.
Read more »
Pennsylvania has just become the 36th state to ban private transfer fees. Gov. Tom Corbett today signed HB 442 into into law, becoming Act 8 of 2011.
Read more »
REALTORS® are fighting private transfer fees (PTF) in Pennsylvania by responding to a Call-to-Action issued yesterday. Private transfer fee covenants are attached to the property deed forcing sellers to pay 1 percent of the purchase price to a private third-party entity every time the property sells over the next 99 years.
Read more »
A debate has emerged among agents and brokers across the country about whether “blended fees” – a combination of the traditional percentage-based commission and a flat fee -- are legal and, if so, how they have to be disclosed to consumers.
Read more »
Starting in December it will cost consumers an additional $13.50 to file a document for recordation, thanks to a bill signed into law earlier this month.
Read more »
Do you know what it costs to deliver real estate services and can you justify your fees to clients?
Read more »
Some offices charge consumers a blended fee (part commission, part flat fee), and this is permissible. But when you follow this business model, the flat fee is part of the fee; so stop calling it a transaction fee.
Read more »
Where do transactional or administrative fees fall in the list of things to do and avoid?
Read more »