Which of the following is NOT a common pricing method in real estate consultancy?

Prepare for the ESCP Real Estate Consulting Exam with our comprehensive quiz. Study using flashcards and multiple-choice questions, each featuring detailed hints and explanations. Ace your exam with ease!

The selected answer is based on the understanding of common pricing methods employed in real estate consultancy. Hourly rates, daily rates, and outcome-based pricing are widely recognized practices in the industry.

Hourly rates involve charging clients based on the time spent on their projects, making it easy for clients to gauge costs as they correlate directly with the consultant's work hours. Daily rates function similarly, providing a fixed rate for a full day of work. Outcome-based pricing aligns the consultant's fees with the results achieved for the client, incentivizing performance and effectiveness.

On the other hand, market fee pricing is comparatively less common as it implies a pricing model tied to market conditions rather than the service rendered or time invested. This approach isn't typically structured or predefined, which might lead to variability and lack of clarity for both clients and consultants. Therefore, market fee pricing doesn’t align with the typical practices seen in real estate consultancy, making it the correct answer to this question.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy