Acquisition Fee and Process

Acquisition Fee and Process

Definition: 

 Acquisition fees are service or administrative fees paid to the real estate company when a warranty is purchased. These fees can be paid upfront by the buyer or lessee, or added to the loan and paid over time. Cinch pays the acquisition fee directly to the broker. The broker then pays the agent, if applicable. Payment is issued 30 days after the warranty has been paid.

 The Standard fee is $60.
 

Process

If an agent or broker calls to inquire about their service fee, acquisition fee, $60 fee, etc. advise  we do not have access to that information and refer the agent to their AE.

State Exclusions 

AZ, CA, IA, NE, NM, NV, TX are NOT eligible for the service/acquisition fee.

 

 



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