BrokerageIndustry News

A pay-as-you-go real estate model

Seattle company offers services for hourly fee
Published on Feb 10, 2009

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by CareyBot

Seattle-based real estate company RT Brokerage Services Inc. has rolled out hourly fees for its real estate services as an alternative to its traditional commission-based compensation structure.

Real estate brokerages typically charge a commission rate that is based on a percentage of the home's sale price to sell a home. And this total commission tends to be in the range of 4 percent to 7 percent, though this can vary.