What are brokerage fees generally associated with?

Brokerage fees are typically associated with facilitating a transaction. In the context of real estate and manufactured housing, these fees are charged by brokers for their services in helping buyers and sellers come together to complete a sale or lease agreement. The primary function of a broker is to provide expertise and services that streamline the buying process, which may include marketing the property, negotiating terms, and ensuring that all legal requirements are met for a successful transaction.

While marketing products, managing financial investments, and providing legal services may involve fees, they do not encapsulate the primary role and purpose of brokerage fees as they relate specifically to the transaction process within real estate. The essence of brokerage work lies in connecting parties and facilitating agreements, which is why the focus on transaction facilitation is central to understanding the nature of brokerage fees.