Help! what's Transaction Coordination Fee?

I am trying to make three offers for bank own homes. My agent adds some extra charges in the offer: 3. E. (6) Buyer shall pay for " Transaction Coordination Fee of $400 "

I never heard that before. Is this an common thing for buyer to pay agent?

Can anyone help me? Thank you very much!

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Is your agent from a big real estate firm? -RE8888- 给 RE8888 发送悄悄话 RE8888 的博客首页 (259 bytes) () 09/21/2009 postreply 15:12:35

回复:Is your agent from a big real estate firm? -天下攘攘- 给 天下攘攘 发送悄悄话 (354 bytes) () 09/21/2009 postreply 15:35:47

回复:回复:Is your agent from a big real estate firm? -RE8888- 给 RE8888 发送悄悄话 RE8888 的博客首页 (446 bytes) () 09/21/2009 postreply 15:46:59

It happened to me too -cawan- 给 cawan 发送悄悄话 (689 bytes) () 09/21/2009 postreply 15:39:50

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