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  2. Property Information Questionnaire - Wikipedia

    en.wikipedia.org/wiki/Property_Information...

    Sellers are required to complete the PIQ and to be "truthful and accurate". A PIQ is typically about eight pages long, unless the home being sold is a leasehold property, in which case there are further questions to be completed. There are two types of questionnaire: one for newly built properties and another for other types of property.

  3. Can one Realtor represent both buyer and seller? What ... - AOL

    www.aol.com/finance/one-realtor-represent-both...

    In most real estate transactions, the buyer and seller are each represented by their own separate agents: one buyer’s agent and one listing agent. Each agent protects their individual client’s ...

  4. Real estate license - Wikipedia

    en.wikipedia.org/wiki/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 in a small number of other ...

  5. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    Since the agent is representing the buyer, not the seller, the seller may hire an attorney to review the transaction and ensure all required disclosures are made. Flat-fee and hourly home selling. Alternatively, a home seller can either pay a flat-fee or hourly fee to a real estate agent. This can be a one time payment, or an ongoing hourly ...

  6. Realtor lawsuit settlement unburdens home sellers from ... - AOL

    www.aol.com/finance/realtor-lawsuit-settlement...

    While home prices are not poised to drop right away, the commission changes could open up new money-saving opportunities for both buyers and sellers in closing deals. “In real estate, everything ...

  7. What new Realtor ruling means for Columbus home buyers, sellers

    www.aol.com/realtor-ruling-means-columbus-home...

    Steve Nicastro, a content team leader with Clever Real Estate, based in St. Louis, said Clever expects the ruling to lead to lower commissions for buyers' agents, down from the current average of ...

  8. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    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 ...

  9. What are seller concessions in real estate? - AOL

    www.aol.com/finance/seller-concessions-real...

    So, if you’re buying a primary residence for $310,000 with a conventional loan, and you’re putting down 12 percent, or $37,200, the seller can agree to pay for up to 6 percent of the purchase ...

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