February 14, 1988 |
Real estate agencies that help sell houses for a flat fee instead of a commission are gaining an increasing foothold in the area, and one flat-rate broker attributes the rise to "a definite change in the real estate market. " As houses get more expensive, a 6 percent commission represents a greater sum of money than before. Some sellers are finding that the services provided by conventional real estate agents are not worth that expense. "With the recent rapid appreciation (in price)
April 16, 1987 |
Last summer, Newtown Township officials adopted an ordinance that required persons seeking residential subdivisions or land development approval to contribute either land or money for the creation of open space. But when the first applicant under the new law, John Stauffer, was ordered in September to pay $3,000 to build two houses, township officials had second thoughts about the fairness of the law. After months of discussion, the Board of Supervisors voted, 4-1, Monday to change the method by which the contribution - known as the "fee-in-lieu" - is calculated to lower the cost for smaller subdivisions.
March 8, 1987 |
For years, the small brick building with the red-and-white Help-U-Sell sign on the Ellisburg Circle in Cherry Hill has been somewhat of an outpost on the South Jersey real estate frontier. Inside, its owners, Dale and Arlene Strack, offer homeowners the option of selling their houses for a flat fee, instead of the usually more expensive 6 percent or 7 percent sales commissions charged by most real estate agents. Although the idea is not new, it remains on the periphery of the industry.
May 6, 1994 |
Four years ago, officials in Kansas City, Mo., began charging a flat maximum fare for taxicabs driving into downtown from Kansas City International Airport. It's not working. "In our operation, it has not been successful," Joe Heidi, Kansas City's administrator of commercial vehicles, said yesterday. Cabdrivers found other ways to cheat customers, he said. They sometimes charged customers $2 per piece of luggage or a $5 airport fee. The maximum fare to the downtown "zone" is $40. Passengers can opt to pay what's on the meter, if it's lower.
June 28, 1995 |
If the Borough Council accepts the advice of the Utilities, Health and Sanitation Committee, Phoenixville would keep collecting a flat fee for trash pickup. The committee had discussed giving households a per-bag trash fee option but voted Monday to recommend that the full council not include that option in the next sanitation contract. Although it is unpopular, the current trash collection system, in which each household pays a yearly fee of $94, is one of the few working options for Phoenixville's municipal garbage collection.
May 15, 1995 |
A successful campaign to lower operating costs has enabled the Bucks County Water and Sewer Authority to announce a proposed decrease in its 1996 rates. The flat fee for quarterly sewer services in the communities served by the authority will drop from $115 to $110, a 4.3 percent decrease, said authority executive director Benjamin W. Jones. The authority provides sewer service to 12,000 households in New Hope, New Britain Township, Doylestown Township, Plumstead, Richland and portions of Buckingham and Solebury.
December 7, 1989 |
Susan Decker, the newly elected tax collector in Morrisville, told the Borough Council on Tuesday that she would do "90 percent" of her work at home, using the telephone and a computer. Decker, 30, a homemaker with a computer-business background, was asked by the board to outline her planned hours of operation and methods of collection. She will succeed John C. Whalen next month. She said she hoped to receive most of the payments for borough, county and school taxes through the mail.
April 2, 1989 |
When Billy Clouser decided to sell his home in Langhorne last May, he first listed it with a full-service brokerage. But 10 months and three agencies later, he still had no sale. Clouser, a retired carpenter, said he thinks the house was overpriced. But each agent he hired convinced him that the three-bedroom, one-bath rancher should sell for about $145,000, maybe even more. Finally, with the help of a flat-fee broker, Clouser cut his own deal: He slashed the asking price by $20,000 but recouped part of the loss by paying a smaller sales commission.
May 20, 2015 |
Is the billable hour, long a staple of the legal industry, going the way of the passenger pigeon, the woolly mammoth and the Pyrenean ibex, extinct species all? Under intense client pressure to justify charges following the stock market crash of 2008, law firms took the first steps during the recession toward moving away from hourly charges by offering clients flat fees or by billing based on case outcomes. Now, the flat-fee movement is gaining momentum, with many big firms employing staffs of MBAs, actuaries and other finance experts to price legal engagements and then to make sure lawyers assigned to these matters stay on budget.
December 23, 2012
4-week bills , Dec. 26; 3-month and 6-month bills , Dec. 24; 1-year bills , Jan. 8; 2-year notes , Jan. 28; 3-year notes , Jan. 8; 5-year notes , Dec. 29; 7-year notes , Dec. 19; 10-year notes , Jan. 9; 30-year notes , Jan. 10; 5-year TIPS , Dec. 20; 10-year TIPS, Jan. 24 ; 30-year TIPS , Feb. 21. Business Referral Luncheon , presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia;610-792-2105. Reservations required. 11:30 a.m.-1 p.m. recurring Networking Meeting , presented by BNI, Fort Washington chapter.