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Sellers are required to complete the PIQ and to be "truthful and accurate". A PIQ is typically about eight pages long, unless the home being sold is a leasehold property, in which case there are further questions to be completed. There are two types of questionnaire: one for newly built properties and another for other types of property.
When a real estate transaction is completed, the agents involved each earn a percentage of the home’s sale price. This amount typically runs somewhere between 2.5 and 3 percent.
The median sold price of an existing single family home in California hit a record high of $904,210 for the first time ever. ... Where are the cheapest places to buy a house in California?
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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
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 ...
Questionnaire construction refers to the design of a questionnaire to gather statistically useful information about a given topic. When properly constructed and responsibly administered, questionnaires can provide valuable data about any given subject.
(The Center Square) – Despite a recent lawsuit affecting real estate commissions, a new survey shows home sellers still prefer hiring a real estate agent for the transaction. In the settlement ...