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  2. Seller disclosure statement - Wikipedia

    en.wikipedia.org/wiki/Seller_Disclosure_Statement

    In the United States, a seller disclosure statement is a form disclosing the seller's knowledge of the condition of the property. The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind. [1]

  3. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    Since the agent is representing the buyer, not the seller, the seller may hire an attorney to review the transaction and ensure all required disclosures are made. Flat-fee and hourly home selling. Alternatively, a home seller can either pay a flat-fee or hourly fee to a real estate agent. This can be a one time payment, or an ongoing hourly ...

  4. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    Open Agency: A seller can enter into an agreement to sell their property with more than one brokerage in open agency listings. The seller must pay a commission only to the brokerage which brings the buyer for the real estate. Typically, if the seller finds the buyer him/herself, the seller does not have to pay a commission. [1] [3]

  5. Can a seller back out of a real estate contract? - AOL

    www.aol.com/finance/seller-back-real-estate...

    Despite all this, Schorr points out that home sellers backing out is “very, very common,” especially in a hot real estate market. Even when the seller doesn’t have a clear legal right to ...

  6. Real Estate Experts: 5 Mistakes First-Time Home Sellers Make ...

    www.aol.com/real-estate-experts-5-mistakes...

    According to a recent survey from Clever Real Estate, 73% of home sellers stated that using a real estate agent was the best way to list their property. However, a recent report from Realtor.com...

  7. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...

  8. What new Realtor ruling means for Columbus home buyers, sellers

    www.aol.com/realtor-ruling-means-columbus-home...

    A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home. If a buyer isn't represented by an agent, the seller's agent typically would ...

  9. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    The entity disposing, conveying, and selling the assets is referred to as the seller or vendor. [3] A PSA sets out the various rights and obligations of both the buyer and seller, and might also require other documents be executed and recorded in the public records, such as an assignment, deed of trust, or farmout agreement. [4]

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