Here's how to explain closing costs to your clients

Here’s how to explain closing costs to your clients

by Melissa Zavala | Sep 6, 2016

Have you ever had a client that believed that the only cost associated with the purchase or sale of a home was the sale price—that didn’t understand about escrow, title, insurance, lender fees, and recording fees among others? Well, you are not alone. While you and I deal with closing costs almost every day of the week, most buyers and sellers do not participate in real estate transactions all the time. As such, who pays what is very confusing.

Check out this infographic courtesy of modernfsbo.net. You may even want to share it with your buyers and sellers. It is just about the best and most comprehensive visual I’ve seen that carefully outlines that closing costs for buyers and sellers.

As always, if you or anyone you know needs a responsible, professional team of transaction coordinators, feel free to reach out to the team at Transaction 911.