FAQ: What Other Fees May Apply When Listing My Home?
When listing your home with Houzzselling, it’s important to understand the different fees that may apply to ensure a smooth and transparent process. Here’s a breakdown of the main fees:
Listing Fee (1%)
Description: This is the primary fee for listing your property with Houzzselling. It is calculated as a percentage of the final sale price of your home. This fee covers the cost of marketing your property and managing the listing.
FMLS Fee (0.0012%)
Description: The FMLS (First Multiple Listing Service) fee is a nominal charge calculated as a small percentage of the sale price. This fee is required for listing your home on the FMLS database, which is a key platform for reaching potential buyers and other agents.
Transaction Administration Fee ($500)
Description: This flat fee is charged to cover administrative costs associated with processing the transaction. It ensures that all the necessary paperwork and documentation are handled efficiently and accurately.
Note: These fees are specifically for the listing services provided by Houzzselling and do not include any optional compensation for the buyer’s agent. We recommend offering a compensation fee of 2.5% or more to attract a wider pool of potential buyers and incentivize buyer’s agents.
For a detailed breakdown of each fee and any additional charges that might apply, please visit our Fees and Charges Page or contact our customer support team.