HI Jocerreia,

A transaction fee is usually paid at the close of escrow for a transaction as a part of the closing costs. Transaction fees are fees charged by the real estate agent, so fees can vary from one agent to another. Costs of business are variable because all agens have different overheads and costs depending on how many assistants they pay, who manages the paperwork and files, etc. I have an assistant in my business, and I charge 500 per transaction. My clients are happy to pay it, as this gives me more valuable time to focus on them.

Thanks and good luck! Diane