Episode Details

A new report reveals real estate “junk fees” are costing buyers and sellers billions annually—hidden charges disguised as administrative fees that can balloon to over $2,000. Rising since the 2009 financial crisis, these fees are increasingly used by brokerages to offset higher agent commissions, leaving many agents confused or unwilling to explain them. Some even absorb the cost themselves. Legal action is already underway in Florida, challenging the fairness of these undisclosed fees—and could reshape industry practices nationwide.

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