A review of hourly real estate

Hourly real estate is changing all that. The hourly, or time accountable, real estate services model is built on a fee for services basis; you pay only for the type and amount of services you use and the level of personnel assigned. 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. Hourly rates depend upon the type of services required, the level of personnel assigned to your transaction and your billing plan.

09/29/09 10

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