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

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

    The agreement is likely to spell an end to the traditional practice of home sellers paying commissions for both the seller's and the buyer's real-estate agents. In central Ohio, the commission is ...

  3. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.

  4. Realtor commission changes are here: What they mean for ...

    www.aol.com/finance/high-profile-commission...

    The way real estate commissions work just changed for both buyers and sellers. ... The national average has been about 5 percent of the home’s sale price, typically split down the middle with 2. ...

  5. What does ‘exclusive right to sell’ mean in real estate?

    www.aol.com/finance/does-exclusive-sell-mean...

    Duration: The exclusive right to sell clause in the contract you establish with your real estate agent should have an expiration date, which might be anywhere from 30 days to six months or more ...

  6. 72-hour clause - Wikipedia

    en.wikipedia.org/wiki/72-hour_clause

    A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...

  7. Forsalebyowner.com - Wikipedia

    en.wikipedia.org/wiki/Forsalebyowner.com

    Forsalebyowner.com is the United States largest "by owner" real estate website. It provides a real estate advertising and information service that charges a flat fee to property owners who advertise their property on the company’s Website. It created a business model that competed directly with traditional real estate firms, connecting buyers ...

  8. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Real_estate_broker

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  9. Owner-occupancy - Wikipedia

    en.wikipedia.org/wiki/Owner-occupancy

    Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .

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