Which fee is typically split equally by both parties in case of mediation during a real estate transaction?

In a real estate transaction, mediation is often used to resolve disputes between the parties involved. When mediation takes place, the fee associated with it is typically shared equally by both the buyer and the seller. This collaborative approach helps to foster a sense of partnership in resolving conflicts and ensures that both parties bear a fair share of the cost associated with finding a resolution outside of court.

Mediation is regarded as a more amicable and cost-effective alternative to litigation, and sharing the fee reflects the mutual interest in reaching an agreement. This is distinct from other fees in a transaction, such as closing service, appraisal, or title fees, which may not have the same shared cost arrangement, often depending on local customs or specific agreements made in the contract.