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In the United States, most homes [1] are bought and sold using real estate agents affiliated with the National Association of Realtors (NAR), an industry lobbying group with over 1.5 million individual members. [2] NAR permits only its members to call themselves Realtors.
In April 2013, it made a $100-million-plus purchase of 1,400 Atlanta homes from Building and Land Technology. [7] From August 2012 to June 2013, Invitation Homes purchased 1,650 homes in the Tampa Bay Area for over $250 million. [8] In June, 85% of Tampa Bay online listings by Invitation Homes were above the area's average rent of $1,200. [8]
Those ventures continue today. In 2001, Forestar opened an office in the Atlanta area to manage nearby land with a focus on its long-term real estate development potential. In 2006, Temple-Inland Inc. began reporting Forestar Real Estate Group as a separate business segment. On December 28, 2007, Temple-Inland distributed 100% of the issued and ...
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 ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
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 ...
2440 Barge Rd. SW, Atlanta, GA 30331: The Michaels Organization: Senior high-rise Cheshire Bridge Road: 2170 Cheshire Bridge Rd. NE, Atlanta, GA 30324: Integral: Senior high-rise Cosby Spear Highrise: 355 North Ave. NE, Atlanta, GA 30308: Columbia Residential: Senior high-rise East Lake Highrise: 380 East Lake Blvd. SE, Atlanta, GA 30317 ...
The verdict in the NAR lawsuit has made it likely the real estate industry won’t be able to charge 5%-6% commission rates across the board, writes Stephen Brobeck.
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