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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 ...
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 ...
main course of a meal estate: any defined area of real property, as in housing estate (US: subdivision), council estate (US: housing project) or trading estate (US: industrial park) car with van-shaped body (US: station wagon) grounds of a large piece of real property which features a mansion and beautiful landscaping; property left by a ...
Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.
A broker price opinion (BPO) is a real estate professional’s dollar estimate of a property’s worth. It is an opinion, but one often backed up by the selling prices of comparable homes in ...
Land agent may be used in at least three different contexts. Traditionally, a land agent was a managerial employee who conducted the business affairs of a large landed estate for a member of the nobility or landed gentry, [1] supervising the farming of the property by farm labourers and/or tenants and collecting rents or other payments. In this ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Information broker, a person or business finds information on individuals as a commodity; Information broker, also known as an information consultant, an information professional who provides information as a service; Real estate agent, also known as a real estate broker, person representing sellers or buyers of property