By a Flat Fee?

A flat fee refers to a fixed charge that a client pays a broker instead of a percentage-based commission. The term is often used to describe flat fees charged by real estate brokers for listing and selling property.

What is a flat fee example?

Flat Fees: A lawyer charges a specific, total fee. A flat fee is usually offered only if your case is relatively simple or routine such as a will or an uncontested divorce. ... Thus, for example, if the lawyer's fee is $100 per hour and the lawyer works 5 hours, the fee will be $500.

What is a flat fee in business?

A flat fee, also referred to as a flat rate or a linear rate refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Less commonly, the term may refer to a rate that does not vary with usage or time of use.

James H. Sterling

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.