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A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 5 ]
Lee began investing in properties after the 1992 Los Angeles riots. He acquired the California Mart from investor Judah Hertz for US$135 million in 2004-2005. [2] [3] His company, Jamison Properties, has a portfolio valued at $3 billion in 2008 and includes Banco Popular Center, MCI Center and Macy's Plaza in downtown LA.
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 ...
RE/MAX was founded in January 1973 by Dave Liniger and Gail Main (who later married Liniger and became Gail Liniger) in Denver, Colorado. [5] [6] [7]The company was established with a maximum commission concept, meaning that agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each ...
In 2013, Rose Associates was one of the largest real estate management companies in New York with over 26,000 apartments. [ 15 ] and 220 employees. [ 16 ] In June 2017, she presided over the sale of Rose Associates' cooperative and condominium management division (with 8,250 units in 35 buildings in New York) to Terra Holdings . [ 17 ]
Robert H. Lee CM OBC (25 June 1933 – 19 February 2020) was a Canadian businessman, investor, and philanthropist. He was the founder and chairman of Prospero, a real estate firm in Vancouver, British Columbia.
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