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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 ...
After clerking for a California superior court judge, Palmer decided to pursue real estate development of multifamily housing instead of law as a profession, founding GH Palmer Associates in 1978. [8] Palmer opened his first major development in Santa Clarita, California in 1985. [7]
1835 Market Street, formerly known as Eleven Penn Center (or 11 Penn Center), [1] is a high-rise building located in the Market West region of Philadelphia. The building stands at 425 feet (130 meters) with 29 floors. Radnor Corp. the real estate arm of Sun Co. began development of the property in 1984. [3]
Office building completely renovated by Richard I. Rubin & Co. in 1983. [6] [7] Two Penn Center: 1500 JFK Boulevard 271 feet (83 m) 20 floors 1958 [8] Three Penn Center: 1515 Market Street 270 feet (82 m) 20 floors 1953 Currently known as 1515 Market Street, this was the first of the modern Penn Center buildings. [9] Four Penn Center: 1600 JFK ...
Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.
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