broker fee
Middleman's service charge
A broker fee is a payment to a middleman for arranging a transaction—typically in real estate, insurance, or financial services.
In rental markets, tenants often pay broker fees to agents who helped them find an apartment: The broker fee was one month's rent.
The fee compensates the broker for their expertise, access, and legwork in connecting parties to a deal.
- commissionPayment for services rendered
- real estateLand and its structures
- agentOne who acts independently
- realtorLicensed property seller
- buyer's agentRepresents purchasers in transactions
closing · transaction · percentage · negotiation · middleman · finder · lease · rental · rental market · apartment · contract · fine print · payment · service · escrow · hidden · upfront · landlord
- feesservice charge, service charges, monthly dues, annual dues, membership dues
- rental costsrent, monthly rent, apartment rent, security deposit, pet deposit
- service feesservice charge
- commissionssales commission, art commission, royalty, override, kickback
- housing costsrent, mortgage interest, mortgage insurance, property insurance, home insurance
- business saleacquisition, buyout, merger, stock sale, purchase agreement
transaction cost type
broker feefee waiver
Release from required payment
sale price · purchase price · principal amount · FSBO · direct sale