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The North Carolina State Climate Office at North Carolina State University reported that its Mount Mitchell weather station recorded 24.41 in (620 mm) of rainfall. [22] The office referred to the total as "off the charts", comparing it to 16.5 in (420 mm) of rainfall being a once-in-1,000-year flood for the area.
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[10] [7] The initial business model employed full-time, salaried brokers [11] and was focused only on rentals. [12] The service was launched in May 2013. [13] [12] In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission. [14]
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A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. [2]
Severe weather is a concern in Virginia. Hurricanes make the coastal area of Virginia vulnerable. Hurricanes make the coastal area of Virginia vulnerable. Hurricane Isabel in 2003 brought much destruction from wind and rain, killing 10 directly and doing nearly two billion dollars in damage.
A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.
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