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The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...
Opening bids of 3 of any suit are preemptive, showing a 7+ card suit and 6-10 points (mostly inside the bid suit). The meaning of 2 ♦, 2 ♥ and 2 ♠ varies. One common usage is that the bid shows a weak two bid, similar to a preemptive bid. Another is the strong two bid, which is natural and shows a very strong hand (too strong for a 1 ...
2/1 game forcing (Two-over-one game forcing) is a bidding system in modern contract bridge structured around the following responses to a one-level opening bid: a non-jump response in a new suit at the one-level is constructive and forcing for one round, a non-jump response in a new suit at the two-level is forcing to game, and; a 1NT response ...
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers.
For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...
Opener is obliged to bid the next available major suit, i.e. after a 4 ♦ bid by responder, he bids 4 ♥ and after a 4 ♥ response, he bids 4 ♠ setting the contract. The standard defense to the Texas transfer: double is one-suited and lead-directing, 4NT is for the minors, four of responder’s suit is a Michaels cuebid. A delayed double ...
The real estate industry is rolling out new rules for paying buyers' and sellers' agents beginning Aug. 17. It could cut commissions, if you're careful.