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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 many other countries.
He was succeeded by Virgil W. Duffie, Jr. In 1994, the State of South Carolina restructured the Department of Labor, creating the Department of Labor, Licensing, and Regulation. That change also brought a title change for the agency head from Commissioner of Labor to Director of the Department of Labor, Licensing, and Regulation. [1] [2]
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 ...
The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its positions, the organization encourages licensure and education recognition between jurisdictions.
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
Warren Buffett's Berkshire Hathaway bought Domino's Pizza and Pool Corp. stock last quarter. Buffett loves fast food and already owns distribution businesses, making the pair a natural fit.
Double escrow [1] is a set of real estate transactions involving two contracts of sale for the same property, to two different back-to-back buyers, at the same or two different prices, arranged to close on the same day.
PSi Technologies operates as a subsidiary of Integrated Micro-Electronics, Inc. [1] PSi owns 40% of PSiTech Realty, the holding company of Pacsem Realty, which is a real estate company that acquires, holds, develops and disposes any real estate or interest acquired. [2]
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