This will differ depending on the package you listed with, see below for explanation.
Saver package: If you list with the regular Saver
package for properties under $450,000 (paying
$1,900 upfront) and your property sells for over
$450,000 you will pay
$8,000
at settlement, bringing your total to $9,900. This is the
same cost as the Classic package (for properties over
$450,000). If you list with the upfront Saver option ($900
upfront) and your property sells for over $450,000 you
will pay
$12,000
at settlement, bringing your total to $12,900. This
is the same cost as the $900 upfront Classic
Package.
For example, if you list your property for $420,000 and pay
$1,900 upfront and then sell for $460,000 you will pay
$8,000
at settlement. A total cost of $9,900.
Your property sells for over $450K |
What you paid upfront |
$1,900 |
$900 |
New settlement cost |
$8,000
|
$12,000
|
New total cost |
$9,900 |
$12,900 |
New total cost equal to Classic package
|
Classic package: If you list with the regular
Classic package ($2,900 upfront) and your property
sells for under $450,000 you will only pay
$4,000
at settlement, bringing your total to $6,900 (instead of
$9,900) which is the regular Saver price. If you listed
with the lower upfront Classic option ($900
upfront) and your property sells for less than
$450,000 you will only pay
$8,000
at settlement, bringing your total to $8,900 (instead
of $12,900).
For example, if you list your property for $470,000 and pay
$2,900 upfront and then sell for $440,000 you will pay
$5,000 at settlement (instead of
$7,000). A total cost of
$7,900.
If you sell for above $1.5M your fee does not
change. For example, if you list a property for $1.45m and sell for $1.52m you pay your original
classic price.
Your property sells for under $450K |
What you paid upfront |
$2,900 |
$900 |
New settlement cost |
$4,000
|
$8,000
|
New total cost |
$6,900 |
$8,900 |
New total cost equal to Saver package
|
Premium package: If you list with the Premium
package for properties over $1.5M ($4,900
upfront) and your property sells for under
$1.5M you will pay
$7,000 at settlement, bringing your total to
$11,900
(instead of $18,900).
For example, if you list your property for $1.52m and pay
$4,900 upfront and then sell for $1.49m you will pay
$7,000 at settlement (instead of
$14,000). A total cost of
$11,900.
Your property sells for under $1.5M |
What you paid upfront |
$4,900 |
New settlement cost |
$7,000 |
New total cost |
$11,900
|
Settlement cost equal to Classic settlement cost
|