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Listing a property commonly incurs certain expenses for the listing broker and takes some time and effort for the listing salesperson. To make it worthwhile, they want a certain minimum listing time period to have a good chance of selling the property. However, the listing contract must have an expiration date.
Depending on the specifics of your transaction, that fee may be paid either by you or by the seller. Here are 12 essential questions to ask a Realtor when buying a house, from hiring them all the ...
Before the Multiple Listing Service (MLS) was introduced in 1967, when brokers (and their licensees) only represented sellers by providing a service to provide legal documentation on the transfer real property, the term "real estate salesperson" may have been more appropriate than it is today, given the various ways that brokers and licensees ...
Asking the right questions to home sellers can unveil issues you otherwise wouldn’t have known about — and could potentially change your mind on buying the house. The tricky part is knowing ...
In exchange for this, the FSBO seller must pay a commission to any agent that brings a buyer. The end result is that sellers spend about half of what they would have paid with a regular listing. [citation needed] The agent who brings in the buyer may also prepare the majority of the paperwork for the sale. Since the agent is representing the ...
That was the year the National Association of Realtors (NAR) first asked about sexual orientation in its annual “Profile of Home Buyers and Sellers” report. NAR added questions regarding ...
A multiple listing service's database and software is used by real estate brokers in real estate (or in other industries, for example, aircraft brokers [1]), representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in ...
A lawyer for Shein summoned to a British parliamentary hearing evaded questions Tuesday on whether the fast-fashion giant sells products containing cotton from China, angering lawmakers seeking ...