No commission real estate virginia A review of the basics
Hourly real estate is risk free for the broker; there is no need to absorb the loss of unearned commission or roll it over to the next transaction. Everyone is happy with hourly real estate services. Hourly real estate is essentially a fee for service model. An hourly real estate brokerage tracks actual time spent per transaction and periodically bills 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.