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  2. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    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 ...

  3. Glossary of British terms not widely used in the United States

    en.wikipedia.org/wiki/Glossary_of_British_terms...

    a person who sells property for others (US: realtor, real estate agent) estate car a station wagon exclamation mark * (US: exclamation point) [71] ex-directory (of a telephone number) unlisted; also informally of a person "he's ex-directory", meaning his telephone number is unlisted expiry date (of a credit or debit card) expiration date ...

  4. Cut off period - Wikipedia

    en.wikipedia.org/wiki/Cut_off_period

    Cutoff period is a term in finance.In capital budgeting, it is the period (usually in years) below which a project's payback period must fall in order to accept the project.

  5. Recording (real estate) - Wikipedia

    en.wikipedia.org/wiki/Recording_(real_estate)

    Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...

  6. Roughly $30 billion could be slashed from real estate agents ...

    www.aol.com/finance/roughly-30-billion-could...

    The pressure on real estate agent commissions has been so intense that it even prompted the noted short-seller Spruce Point Capital to put out a short report on Zillow, the real-estate marketplace ...

  7. MISMO - Wikipedia

    en.wikipedia.org/wiki/MISMO

    The Mortgage Industry Standards Maintenance Organization (MISMO) is a not-for-profit, wholly owned subsidiary of the Mortgage Bankers Association (MBA) responsible for developing standards for exchanging information and conducting business in the U.S. mortgage finance industry.

  8. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:

  9. WAULT - Wikipedia

    en.wikipedia.org/wiki/WAULT

    The basic definition is also known as WAULT to expiry to make the distinction clear. Depending on the market conditions, one might desire a high or low WAULT. For instance, if the rental market is strong and rents are rising, a low WAULT is desirable as that indicates that the current leases are going to expire or renegotiate in the short term ...