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A generation ago, real estate commission rates were typically around 6 percent of a home’s sale price. But the average real estate commission rate has gone down in recent years to just under 5 ...
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:
"Most cities have listing black holes — times when listings get lost to weekends of sun, family vacations, and nonbusiness topics," says Matt Parker, a Seattle, WA, real estate agent. If you ...
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 multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
A real estate investment firm based in Boca Raton, Florida, has bought the Chicago Ridge Mall from the Miami-based Starwood Capital Group in the latest change for a south suburban shopping center ...
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