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Questions and Answers
What is the purpose of the Mandatory Additional Commission Charge by Keller Williams Platinum Realty?
What is the purpose of the Mandatory Additional Commission Charge by Keller Williams Platinum Realty?
- To cover specific costs related to document review and settlement preparation (correct)
- To pay for advertising expenses for the agency
- To discourage buyers and sellers from using the services of Keller Williams Platinum Realty
- To increase profits for the real estate agency
Under what circumstances can the Mandatory Additional Commission Charge be reduced?
Under what circumstances can the Mandatory Additional Commission Charge be reduced?
- For clients who are not represented by an agent
- For first-time homebuyers only
- In the case of bank-owned properties or short sales (correct)
- If the property is located outside Pennsylvania
What specific activities are coordinated by Keller Williams Platinum Realty office personnel as part of the commission charge?
What specific activities are coordinated by Keller Williams Platinum Realty office personnel as part of the commission charge?
- Legal representation at closing
- Home inspection services
- Settlement preparation activities (correct)
- Interior design consultation
How long are documents stored by Keller Williams Platinum Realty as part of the commission charge?
How long are documents stored by Keller Williams Platinum Realty as part of the commission charge?
What is the purpose of providing the HUD or ALTA to customers upon request?
What is the purpose of providing the HUD or ALTA to customers upon request?
What does the Mandatory Additional Commission Charge NOT cover?
What does the Mandatory Additional Commission Charge NOT cover?
In your own words, please give a brief explanation of this document as you would present it to client. (Role Play)
In your own words, please give a brief explanation of this document as you would present it to client. (Role Play)
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