Rates would be considered excessive if which condition existed?

Rates would be considered excessive if which condition existed?

• A. THE EXPENSES ARE UNREASONABLY HIGH IN RELATION TO SERVICES RENDERED
• B. THE EXPENSES ARE UNREASONABLY LOW IN RELATION TO SERVICES RENDERED
• C. THE SERVICE TAKES TOO LONG TO COMPLETE
• D. THE SERVICE IS REQUIRED FOR A SINGLE PROPERTY

Answer: (A)

Rates are considered excessive when the costs charged are unreasonably high in relation to the services provided. The idea is that a fee should reflect the value, time, skill, and effort involved in the work; charging an amount that far exceeds that value is inappropriate and unethical. Charging unreasonably low fees isn’t about excessiveness (it can raise other issues, but not the specific test of “excessive”). The time it takes to complete a service and whether the service is for multiple properties also don’t define excessiveness—the key is the relationship between the charges and the services rendered.

Rates are considered excessive when the costs charged are unreasonably high in relation to the services provided. The idea is that a fee should reflect the value, time, skill, and effort involved in the work; charging an amount that far exceeds that value is inappropriate and unethical.

Charging unreasonably low fees isn’t about excessiveness (it can raise other issues, but not the specific test of “excessive”). The time it takes to complete a service and whether the service is for multiple properties also don’t define excessiveness—the key is the relationship between the charges and the services rendered.