Sellers engage the services of Snapdoor and must enter into a listing agreement with Snapdoor or one of its partner brokerages. The agreed-upon listing fee is all that a seller pays (upon Settlement). There are no additional fees for sellers.
Buyers typically pay a small Buyer Premium. Depending on the sales price of the property, it can range from $500 to $5000. The typical buyer premium is $2500. By contrast, most real estate auction sites charge around 5% of the sales price. Only the winning bidder pays the Buyer Premium. There are no other fees associated with submitting offers on Snapdoor.
In addition to the Buyer Premium, buyers must also agree to the Snapdoor Participation Agreement, the Snapdoor Terms of Service, and the Snapdoor Privacy Policy.
Please contact Snapdoor to find out what the Buyer Premium is for a particular property.
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