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McGinnis was born in Chicago, Illinois, and moved to Dover, Delaware, in 1954. In 1964 he entered the real estate business by selling and leasing commercial property. He worked in the industry for eleven years before earning his broker's license from the Delaware Real Estate Commission in 1975.
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 in a small number of other ...
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 ...
A Delaware Statutory Trust (DST) owns income-producing real estate and sells percentage shares of ownership to investors who expect to receive income and appreciation. DSTs can offer significant ...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Carleton H. Sheets (August 25, 1939 - January 25, 2020 [1]) was a prominent real estate investor and author who was notable for television infomercials which marketed real estate business learning materials. [2] Sheets appeared on numerous radio and television talk shows.
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