My little spot on the Internet about real estate commission discount
Either way, the client will not pay a sum greater than three percent of the total transaction. In an hourly real estate arrangement, the broker charges the customer an hourly rate times actual number of hours spent on the transaction, just like law or accounting firms do. The customer is responsible only for actual services rendered, which could end up saving thousands of dollars by closing time. People who opt for hourly real estate services tend to come away with the feeling that they have received full value for the time spent. Isnt this much better than wondering what your broker did for all that commission.