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The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...
The Economic Value of a Law Degree, a peer reviewed study which included law graduates who do not pass the bar exam, found that law graduates at the 25th percentile of earnings ability typically earned around $20,000 more every year than they would have earned with only a bachelor's degree, compared to around $80,000 more per year for those at ...
Here's what to know. The landscape is changing radically for Americans buying and selling property, as well as for real estate agents. Get breaking Finance news and the latest business articles ...
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...