Can a service charge be considered a commission in real estate?

[djreinhardt]

I sold a home with OpenDoor and in lieu of stating commission, their paper work stated Service Charge in the initial offer.  Later on their paperwork states "OpenDoor Experience and Market Risk Charge" for the same item.  I was going to enter this as a expense in selling my home but did not know if I should enter in the commission line item?

[Coleen3 · Accepted solution]

Yes.

Opendoor makes money in two ways: from the service fees it charges, and from any difference between what it buys houses for and what it sells them for.Opendoor works with real estate agents, offering to pay full buyer commissions, as well as seller commissions if a sale comes from an agent.

http://www.mikedp.com/articles/2016/12/13/inside-opendoor-what-two-years-of-transactions-say-about-t...