Buy or Sell for a Reasonable Flat Fee Instead of a 3% Listing Commission
At WaLaw Realty, we charge a flat fee of $7,995. $1,000 is paid up front when we’re engaged and the rest is paid at closing when the house sells (some transactions incur additional fees, listed below). This flat fee covers our real estate broker AND attorney legal services. For buyers we rebate the commission paid by the seller at closing less the balance of our flat fee. For sellers the same thing happens except that the seller gets straight cash to the bottom line rather than an indirect rebate. Sellers will still offer a commission for buyers’ agents, typically 2.5% or 3% (we never represent both sides so we will never get this).
There is a two year time limit to buy or sell in our fee agreements. If that’s not long enough, no problem, just pay an additional $1,000 at the end of that time period to renew for another two years.
Example savings for HOME BUYERS
|Transaction value||Commission at 3%||WaLaw Fees||Buyer Rebate|
Example savings for HOME SELLERS
|Transaction value||Typical 3% Commission
(can range from 2.5-3%)
Additional fees and services for Buyers and Sellers
- Transactions valued at or above $1,000,000: $3,000
- Each $1,000,000 increment thereafter: $3,000
- Short sale or bank-owned property (Buyers only): $250
- New construction property: $1,000
- Condo: $250
- Additional tours or broker services beyond our standard services: $75/hour