Buyer's Agent Commission (in percentage)
Seller can specify any commision as desired.
Enter zero if seller does not want to offer Buyer's Agent Commission.
Enter 3 if seller wants to offer 3% Commission.
If the property is listed in the MLS (Multiple Listing Service),
the Buyer's Agent Commission should be the same as specified in the MLS.
Seller reimburses auction cost
Selecting "Yes" means seller reimburses buyer.
See Transaction Fee - FSBO
See Transaction Fee - Home Auction
Seller pays closing costs
Selecting "Yes" means seller pays the costs which are normally paid by Buyer.
Typical Buyer Closing Costs:
Loan fees (points and charges related to lender)
Prepaid interest on the loan
Private Mortgage Insurance (PMI), if any
Escrow fee
Appraisal fee
Title insurance
Property inspection fees
Property insurance (pre-paid)
Home warranty plan (pre-paid)
Homeowner's association fee (prorated)
Property taxes (prorated)
Other fees (notary fees, recording fees, etc.)
NOTE: The above only serves as a guideline. If seller pays closing costs,
seller and buyer should clearly define and agree on the closing costs before bidding.
