Reported 8 months ago
FTNN News, June 22, 2024, 10:54 PM: In a recent social media post, a buyer shared offering 100,000 mediation fee for a property but was later asked for an additional 400,000 by the real estate agent, leading to confusion. Comments from experienced individuals suggest that increasing the mediation fee can prevent homeowners from backing out of the deal. The buyer's firm refusal sparked discussions online, with speculations on whether it was to prevent buyer or homeowner from backing out, ultimately emphasizing the benefits and protective nature of offering a higher mediation fee in the real estate transaction.
Source: YAHOO