Hourly

Why do Sellers pay a commission to the Listing Agent?

They don’t know if the house will sell and they will have free service if it doesn’t.
They don’t have the money to pay upfront for service. Or…
They don’t know any agents that charge by the hour.

Now they do.

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Results Of My First Hourly Fee Experiment : Mike On Real Estate: March 17, 2008 at 5:56 pm

{ 4 comments… read them below or add one }

Kathleen cope April 25, 2009 at 5:42 am: Just read your comments on freakanomics. I am thinking of getting my brokers lic and opening a flat fee / charge per service or hour company. Do u have any suggestions?
Kathleen cope April 25, 2009 at 12:42 pm: Just read your comments on freakanomics. I am thinking of getting my brokers lic and opening a flat fee / charge per service or hour company. Do u have any suggestions?
MikeRohrig April 25, 2009 at 8:30 am: I have many suggestions. Send me an email and let me know what your plans
are now as well as some specific questions.

But my biggest suggestion is to not list homes as limited representation
where the seller doesn't understand the process. You may be harming them
while they only want to save a dollar.
MikeRohrig April 25, 2009 at 3:30 pm: I have many suggestions. Send me an email and let me know what your plans
are now as well as some specific questions.

But my biggest suggestion is to not list homes as limited representation
where the seller doesn’t understand the process. You may be harming them
while they only want to save a dollar.