Transaction Fee & Adding the Disclosure Form

Transaction Fee & Adding the Disclosure Form


 

Charging your client a transaction fee.  This can be disclosed on the Listing Agreement, Purchase Contract or by adding the Transaction Fee Disclosure form (for new construction):

Listing Agreement:

Residential Listing Agreement (represents the seller) – agent can add it to Section 14 – Line 167 under “Additional Terms”

Vacant Land Listing Agreement (represents the seller) – agent can add it to Section 14 – Line 169 under “Additional Terms”


Purchase Contract:
AS-IS Purchase Contract – 2 places – (agent represents the buyer) – 1. agent can add the transaction fee to Section 9 – Line 154 in the “Other” box under (b) Costs to be Paid By Buyer or 2. in Section 20 (for AS-IS contract) – Line 591 in the “Additional Terms”.

Standard Purchase Contract – 2 places – (represents the buyer) – 1. agent can add the transaction fee to Section 9 – Line 171 in the “Other” box under (b) Costs to be Paid By Buyer or 2. in Section 20 (for Standard contract) – Line 675 in the “Additional Terms”.

Transaction Fee Disclosure Form: 
-Click on ADD DOCUMENT to the right of the folder
 -Select Templates
 -Scroll to the Dalton Wade Custom Forms
 -Check the box next to “Transaction Fee Disclosure-DW”
 -Click “Copy”



-Fill out the form and send to your client(s) for signature.

Send signed copy to title if the transaction fee is not disclosed on the listing agreement or purchase contract. 

Questions?  Need assistance?  Reach out to our Support Team:
Phone:  727-914-9174
Email: support@daltonwade.com
Hours:  Mon-Fri - 9am-7pm & Sat. & Sun. - 12pm-5pm