Settling the score on settlement services

Inman News Essay Competition

The complexity of the home-sale process can leave buyers and sellers alike feeling dazed and confused, with real estate brokerage and mortgage professionals surrounded by a host of other supporting professionals to complete a single transaction: home inspectors, pest inspectors, appraisers, title insurance agents, escrow agents, attorneys and land surveyors, among others.

And the various fees and other costs associated with this gamut of primary and ancillary real estate services can be a source of frustration for consumers, adding thousands of dollars in additional costs to the sale.