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Internet real estate. An electronic version of the real estate industry, Internet real estate is the concept of publishing housing estates for sale or rent online, and for consumers seeking to buy or rent properties through such platforms. Often, Internet real estate properties are listed and managed by landlords themselves.
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Blockbusting is a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods.
Real estate and the environment. Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.
The cost of staging a home for two to three months typically translates to 1 percent of a home’s list price, says Pam Tiberia, founder of Spruce Interiors in Hampton, New Hampshire. So, if your ...
If lender A quotes 3% with no closing costs and lender B quoted 2.875% with $6,000 in closing costs, you are paying a lot of money for a .125% difference in rate. In addition, lender A might have ...
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