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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 ...
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]
Founded in the UK in 1855, the history of Savills North America dates back to 1954 when the company, Julien J. Studley, Inc., was founded by Julien J. Studley. [1] In December 2002, Mitchell S. Steir led a group of 45 brokers to buy the company from Julien J. Studley. [2]
The Wall Street Journal (WSJ) recently highlighted the struggles faced by New York’s commercial real estate sector, where tumbling property valuations are pushing some of the city’s wealthiest ...
A CIE is the commercial real estate equivalent of the residential Multiple Listing Service. [2] [3] CIEs help commercial real estate professionals (brokers, property owners, developers, investors, tenants, etc.) share information about commercial property, recent sale or lease transactions, market statistics, and contacts. [4]
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Northstar Commercial Partners is an American commercial real estate investment company headquartered in Denver, Colorado. Founded by Brian Watson in 2000, the company acquires distressed commercial real estate or vacant properties and rehabilitates them for lease or use.
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