If you have any questions feel free to contact me. We can help you out without any fee.
Prudential Preferred Realtors (soon to be Berkshire Hathaway HomeServices)
The fee you are asking about is usually an "Add-on" fee for sales that are involved with these two type of home sale: "Foreclosure" or "Short sale" (but not always)
Each Property that has an additoinal "Fee" outside the normal Brokerage Fees needs to be disclosed by the seller to the Buyer. A good "Buyer agent" will help explain all the "fees that can be part of the purchasing process, so you can make an educated decission and keep pinching those pennies.
If you have more questions feel free to contact me at 616-974-6212, happy to anwers any quesions
If you're looking in June, it's a little early to hire a Realtor and put any money down. I would start...on your own...finding the neighborhoods you like, getting pre-qualified, etc. Hire an agent in late May or the end of April.
When you want to buy a home the best place to start is to hire an Exclusive Buyer Agent. EBAs only work with homebuyers and there is never a conflict of interest that will jeopardize your negotiating position. Visit http://www.naeba.org for a referral to an Exclusive Buyer's Agent in your area.
I've written a best selling book called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll teach you how to buy a home and get a mortgage without getting ripped off. Follow the link below.
Best of luck!
I would not feel comfortable paying a fee. You should do more research and interview more agents.