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Some states do not even use escrow companies but need to use attorneys. In California, by laws regulating the insurance industry, these fees must be published and they are not allowed to vary. The title company we use offers a $350 escrow (settlement) fee, this is for loans up to $500k I believe.
Seller Costs. One of the larger costs at settlement paid by the seller is the commission for the REALTORSÂ® involved in the transaction. Commissions are negotiable and vary somewhat by market, but a typical commission is 6 percent of the sales price of the home split between the listing agent and the buyers' agent. For a home that sells for $350,000, the commission would come to $21,000. Other fees paid for by the seller may include: Loan payoff costs.