Realtor asked to oversee a condo rehab

[Lynn Wilkerson]

Hi!  I am a real estate agent and have been asked by my investor/client (currently out of the country) to oversee a rehab condo project.  Has anyone done this before? The project will take approximately 3 weeks to complete. My client is using one contractor to perform the work. I will primarily be driving to and from the site taking pictures and/or video, checking in on the progress, etc.  I would love to hear your feedback on how much one usually charges to oversee such a project.

[Brian Garlington]

Lynn,

Get in writing exactly what your responsibilities are for this. One person's definition of "overseeing a project" can mean pictures and videos....another can be "project manager". Huge difference.

Get in writing exactly what your role and responsibilites will and will not be so there are no misunderstandings later on.