My little rants on a la carte real estate

In a percentage based commission arrangement, brokers are paid only if the transaction successfully proceeds to its final conclusion. Under an hourly real estate arrangement, brokers receive payment regardless of whether the transaction actually closes. Brokers assume no risk; there is no need to absorb or roll over lost time to the next transaction. Both client and broker come away happy from an hourly real estate services relationship. Hourly real estate is essentially a fee for service model.

12/31/09 19

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