Affordable Fee For Service Real Estate.
Fee For Service Real Estate is a real estate practice where the entire legally mandated minimum real estate services are not offered by real estate brokers. Under the Fee For Service Real Estate system brokers give a subset of services rather than the full range of minimum services and charge by the hour or for specific services performed by them. A la carte real estate. Fee For Service Real Estate are not recognized in 12 States and the District of Columbia and the full minimum service real estate services are mandatory. In eight other states buyers and sellers are given the choice to waive some of the minimum services normally performed by a real estate agent. Sellers and purchasers of real estate can choose the services they require from the services offered by the real estate agent when they pay specifically for services rendered by the agent. Real estate agents can offer different service packages when their customers agree to pay only for certain specified services. Fee For Service Real Estate is an economical option as compared to a minimum service real estate transaction.