A $175 sale administration fee applies only when the home goes to settlement. This fee does not apply to land listings or rental listings. This fee covers our time and cost to process the under contract paperwork and prepare the listing for settlement. Although you are handling many of the details of your sales contract and settlement, there are many things we must do to abide by real estate regulations and MLS rules. This includes receiving and processing a copy of the sales contract and a copy of the Closing Disclosure Statement / Hud1. Additionally, we, as the listing agency- by default and protocol, are the point of contact for the settlement attorney, the title company, the buyer's agency/agent, the home warranty company, the appraiser, the termite inspector, the surveyor, and the purchaser's mortgage company. Even though we are not directly involved, all of the above parties typically go through the Listing Agency (us) for permissions, information, copies of paperwork, etc.; and conversely we must reconfirm data with them in order to verify information and/or receive their documents to comply with real estate regulations. This fee covers our time to do all of this. No cash payment is due for this fee as it should be taken out at closing by your closing company. This fee does not apply if you accept a contract and it does not go to closing.