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Real Estate Glossary

administrative fee

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Richard Wilson
Written by Richard Wilson

Also called transaction fee or broker services fee, administrative fees are costs associated with a real estate deal. The fee covers the cost of services such as document management and storage. Other administrative fees can involve escrow, homeowner’s association, and city and county transfer taxes.

Also called transaction fee or broker services fee, administrative fees are costs associated with a real estate deal. The fee covers the cost of services such as document management and storage. Other administrative fees can involve escrow, homeowner’s association, and city and county transfer taxes.

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Richard Wilson

Richard Wilson

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