What exactly is a real estate agent fee, and how is it determined? As is so often the case in the homebuying process, appearances can be deceiving. Let’s learn more about what exactly real estate agent fees are, and what they could mean for you.
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What exactly is a real estate agent fee, and how is it determined? As is so often the case in the homebuying process, appearances can be deceiving. Let’s learn more about what exactly real estate agent fees are, and what they could mean for you.
homebuyers will find themselves being asked for is a POF, or proof of funds letter. The POF is a document, provided by a bank or other financial institution, which proves that the buyer has the funds required to cover their share of a given transaction, like the purchase of a home.