My listing agent asked for a $1,200 upfront fee to be returned when my home in Olathe sells. Is this a common practice?

Question: My listing agent asked for a $1,200 upfront fee to be returned when my home in Olathe sells. Is this a common practice?
–Chad from Olathe, Kansas

Answer: There is no common practice with commissions or fees. Each real estate office has their own requirement. Since there is a lot of upfront cost and time involved, I expect this practice to increase. If you are not comfortable with it, Chad, I would explore other Olathe real estate agents.




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