Join me in my passion for hourly real estate
Hourly real estate is essentially a fee for service model. Actual time spent per transaction is tracked and periodically billed during the life of the transaction. Buyers or sellers pay only for actual services rendered (just as they would with a lawyer or an accountant) and never more than three percent of the purchase or sale price of the home. The time spent is also tiered into the different levels of service rendered. In other words, administrative or managerial tasks would be billed at an hourly rate different from that charged for professional real estate broker services.