Hourly real estate, online exploration

Sophisticated clients usually require professional real estate representation in the beginning stages of a transaction, during contract negotiation and contingency fulfillment, and in the event issues arise prior to closing. In a percentage based commission arrangement, brokers are paid only if the transaction successfully proceeds to its final conclusion. Brokers benefit from an hourly real estate services arrangement because they receive payment for their services whether or not 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.

12/27/09 11

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