Fee for submitting offer?

Discussion in 'Purchasing DVC' started by itutorfortravel, Dec 29, 2013.

  1. itutorfortravel

    itutorfortravel I tutor high school math to pay for my travel addi

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    Is there a fee for submitting an offer for a dvc? I saw something on one if the resale sites about a $195 fee per transaction that went into effect recently but I wasn't sure what that meant.
     
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  3. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    Sounds like Fidelity. They charge a $195 "administrative" fee (aka an "additional profit to the broker" fee) to the buyer, but AFAIK, it's only charged at closing.

    Again, AFAIK, none of the reputable brokers charge a fee to just submit an offer. If you find that there is such a fee, my advice is to walk away.
     
  4. itutorfortravel

    itutorfortravel I tutor high school math to pay for my travel addi

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    Thank you I think it was fidelity! Also, I'm sorry but what does AFAIK mean? Newbie here ;)
     
  5. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    Oops! Sorry. AFAIK, is an abbreviation for As Far As I Know. :)
     

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