What types of fees must a realtor disclose to their clients?

A realtor is required to disclose all fees related to their services, which encompasses both commission fees and any additional costs that may be incurred during a transaction. This transparency is essential for maintaining trust with clients and ensuring they have a complete understanding of any financial obligations associated with the real estate services being rendered.

By providing a comprehensive overview of all fees, realtors enable clients to make informed decisions. This approach helps to prevent any surprises that might arise later in the process, fostering a clearer understanding of the financial aspects of the transaction. The duty to disclose emphasizes the ethical standards within the real estate profession, indicating that agents must be forthright about not just their earnings through commissions, but also any other administrative or operational fees that could affect the total cost to the client. Thus, understanding this requirement reinforces the importance of transparency in real estate transactions.