Additional Commission Disclosure PDF

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EasiestMannerism5835

Uploaded by EasiestMannerism5835

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real estate commission settlement real estate transactions

Summary

This document outlines the mandatory additional commission charge of $650.00 by Keller Williams Platinum Realty for each real estate transaction. It details the processes involved, including review of paperwork, settlement coordination, and document handling.

Full Transcript

Additional Commission Disclosure For each transaction there is a Mandatory Additional Commission Charge by Keller Williams Platinum Realty of $650.00. This commission may only be reduced in the instance of bank owned properties or short sales or where required by the lender. This commission is charg...

Additional Commission Disclosure For each transaction there is a Mandatory Additional Commission Charge by Keller Williams Platinum Realty of $650.00. This commission may only be reduced in the instance of bank owned properties or short sales or where required by the lender. This commission is charged to all buyers and sellers represented by an agent of Keller Williams Platinum Realty. This commission is not included in the transaction commission and covers the specific costs involved in the following: Review of all paper work by Staff and Broker to ensure entire file meets the Pennsylvania Real Estate Commission Guidelines. Coordination of settlement preparation activities by Keller Williams Platinum Realty office personnel. Full Time office conveyancer of follow file from sale to settlement to ensure timely settlement. This includes ordering certificates, review of the title and deed, mortgage payoff, and final closing numbers. Process of file review of all contracts and signatures. Physical and electronic signature storage of all documents for 7 years. Availability of the HUD or ALTA at customer’s request for tax purposes Emailing the competed file to the consumer after settlement. Client Signature Client Signature

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