Do you bill by the project, hourly, or % commission?

Appraisals and “Quick Looks” are typically billed as project pricing. If there are unknowns with the scope to-be-determined, sometimes hourly with an agreed-upon cap makes more sense for all involved. Some projects have a mix of the two, where a certain scope is flat pricing and outside that scope is hourly with a cap. However you feel most comfortable is the #1 determiner of how work is billed.

On rare occasions, commission-based billing makes the most sense and can be discussed (mineral management, acquisitions, divestitures, etc.). Appraisals are never billed with a percent commission to avoid bias.

Additional pay structures can be discussed as needed, such as timing of payment, creative forms of payment (mineral interest, etc), and other forms of assistance (see Roots of Love mission.)