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Your location plays a major role in how much it costs to sell your house. As an example, let’s compare some of the costs of selling a home in California and Texas. Median home sale price (based ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Multiple listing service. A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Closing costs. Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller. [1]
Closing costs are the upfront fees you pay when getting a mortgage and finalizing a home sale. In 2021, the national average closing costs for purchasing a single-family home were $6,905 including ...
Wash the floors, walls, windows and screens. You can do this work yourself, or it may be cost-effective to hire a professional. Either way, once the house is spotless, keep it that way — not ...
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Accounting. An operating expense (opex) [a] is an ongoing cost for running a product, business, or system. [1] Its counterpart, a capital expenditure (capex), is the cost of developing or providing non-consumable parts for the product or system. For example, the purchase of a photocopier involves capex, and the annual paper, toner, power and ...