Fees

One published fee schedule

Fees are paid from the sale proceeds at closing. The only money the parties put up before then is the cost deposit, and it's credited back at closing.

Vern Services fee schedule
ItemAmountDetails
Receiver fee1.5% of the gross sales price$3,500 minimum, $15,000 maximum. Paid from proceeds at closing.
Extraordinary services$300 per hourCourt appearances, testimony, depositions, contested possession, or work outside the order at counsel's request.
Receivership ends before closing$1,500 minimumApplies if the receivership ends after we qualify but before closing, or as the Court sets.
TravelIRS standard mileage rateOnly for properties outside Williamson and Travis counties, measured from Round Rock, Texas.
Out-of-pocket costsAt cost, no markupReceipts are included in the final accounting.
Cost depositSet in the orderSplit between the parties and credited back at closing.
Brokerage commissionSet in the listing agreementDisclosed in the order and separate from the receiver fee.

The receiver fee is the same no matter which brokerage lists the property.

What the receiver fee looks like

Receiver fee examples by sales price
Gross sales priceReceiver fee
$200,000$3,500 (minimum)
$400,000$6,000
$650,000$9,750
$1,200,000$15,000 (maximum)

Fees are paid through the title company to the designated payee on our invoice. The brokerage commission is separate and set in the listing agreement.

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