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Who pays the escrow fee in a Broker transaction?

The escrow fee can be paid by the Buyer, Seller, Broker, split between Buyer and Seller, or split between Buyer and Broker. If the Broker is paying the escrow fee, the commission amount must be greater than the escrow fee.If a Broker transaction is set up as confidential or transparent to Buyer, the Seller cannot pay any portion of the escrow fee. This keeps the Seller from knowing the Brokers commission and the purchase price.In the event of a cancellation (after funds are received), or rejection of merchandise, the Buyer is responsible for the escrow fee regardless of whomever (Broker, Buyer, or Seller) is set up to pay the fee.

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