REALTOR ADMIN FEE AT CLOSING A homebuyer has many real estate firms at his/her disposal to select the one that best suits them. It is important to find an agent who represents the buyer as fully as possible. In selecting an agent to work with as a homebuyer, be sure and discuss the realtor admin fee. Does your realtor charge an admin fee? What is the purpose of the admin fee? By asking this question up front you can be sure the topic is discussed BEFORE you get to closing. As a mortgage broker I am required to get exact fees for my borrowers. I do my utmost to save borrowers money. In processing the loan there are several disclosures of funds to close. When a borrower is anticipating a certain amount to close and then a realtor admin fee is added to the settlement sheet at closing...
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