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Other brokers and agents may focus on representing buyers or tenants in a real estate transaction. However, licensing as a broker or salesperson authorizes the licensee to legally represent parties on either side of a transaction and providing the necessary documentation for the legal transfer of real property.
Tenant right to counsel (TRTC) guarantees that eligible tenants will be provided legal representation, especially when tenants face eviction.Without a right to counsel, tenants are represented by lawyers around 3% of the time on average, whereas landlords have legal representation in 84% of cases.
A tenants union, also known as a tenants association, is a group of tenants that collectively organize to improve the conditions of their housing and mutually educate about their rights as renters. [ 1 ] [ 2 ] Groups may also lobby local officials to change housing policies or address homelessness.
Brokerage firms estimate that roughly half of the city’s apartments require a tenant-paid broker fee. The price of those fees can vary widely, though the standard amount is 15% of the annual ...
A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, potentially saving home buyers and sellers thousands of dollars.
Unlike a broker, a mortgage banker is tied to a specific lender (usually, the financial institution employing the banker). To find a mortgage banker that’s right for you, set your home budget ...
WBRZ was the second station in the Baton Rouge area and the fourth in Louisiana to broadcast their newscasts in high definition. On November 17, 2014, WBRZ introduced their new state-of-the-art upgrades set on their 5 p.m. newscasts, while maintaining the news theme "Extreme" by Stephen Arnold Music, which the station has used from 2007 HD ...
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.