agency fees

Agency fees are charges paid to a third-party organization that helps connect clients with service providers or professionals. For example, a recruitment agency might charge a fee to companies for finding suitable job candidates, or a real estate agency might charge a fee for helping buy or sell a house. These fees compensate the agency for their role in facilitating the transaction, using their expertise and resources. Typically, agency fees are agreed upon in advance and can be a flat amount or a percentage of the total deal value.