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my understanding of a cost plus contract is the $16,500/house fee i'm paying him is his fee for running around organising trades and making those necessary phone calls....he doesn't charge an hourly rate on top of that, thats all incorporated in his $16,500. that $16,500 fee is also his...

he's able to do fixed priced contracts for bank purposes so all sorted there ;)

not sure what his hourly rate would be but it works out to be roughly $16,500 commission per house (we're building 3). we get originals of all invoices from suppliers/trades and MYOB printouts at any time - to show he's not sneaking in a mark up here and there... but i'm thinking fixed...

Well we've come across a Builder who does alot of Cost Plus contracts for Developers...his fees are $40K for 2 homes or $50K for 3 homes... We've only ever done fixed priced contracts so not really sure if this is a reasonable commission or not.....any thoughts???