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  2. Buyer brokerage - Wikipedia

    en.wikipedia.org/wiki/Buyer_brokerage

    A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.

  3. 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]

  4. Before signing this kind of contract with a real estate agent ...

    www.aol.com/signing-kind-contract-real-estate...

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  5. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...

  6. Can one Realtor represent both buyer and seller? What ... - AOL

    www.aol.com/finance/one-realtor-represent-both...

    In a dual agency situation, the same real estate agent represents both the buyer and the seller of a home. This arrangement can be risky for buyers, since agents are paid based on how much the ...

  7. Biggest shakeup in a century set to hit real estate agents ...

    www.aol.com/biggest-shakeup-century-set-hit...

    However, prior to the changes, Realtors in 18 states were already required to sign buyer agency agreements. Mary Schumann, a Realtor in Minnesota, said that to her, NAR’s changes seem manageable.

  8. Sub-agent - Wikipedia

    en.wikipedia.org/wiki/Sub-agent

    It was only with the advent of Buyer brokerage in the 1990s - the legal representation of a buyer by a broker - that a buyer became a client of the broker and entered into the same fiduciary relationship enjoyed by the seller. [6] In the Philippines, a Sub-Agent is someone who is under the supervision and operational control of a Real Estate ...

  9. How to find a good real estate agent: An 8-step guide for buyers

    www.aol.com/finance/good-real-estate-agent...

    This is an important one: Whether they represent the buyer or seller in a transaction, real estate agents earn a commission on the deal, usually a percentage of the home’s sale price. Each agent ...

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