A la carte real estate, a review of the topic

It sometimes seems as though the broker is walking away with a huge paycheck for very little work. Well, hourly real estate has changed all that. Hourly (time accountable) real estate services are based on a fee for services basis; you agree to pay, and the broker agrees to charge, only for the type and amount of services used and the level of personnel assigned to your transaction. A senior real estate professional always leads the team. You and the brokerage agree on hourly rates and the amount of time expected to see your transaction through and memorialize your understanding with a scope of work agreement executed at the beginning of your working relationship; any additional work is approved by the client ahead of time.

09/23/09 16

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