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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. Short-term rental - Wikipedia

    en.wikipedia.org/wiki/Short-term_rental

    They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1] Popular uses include vacation rental [2] and relocation. [3] This industry is seen as the most affordable option for month-long ...

  4. Single-room occupancy - Wikipedia

    en.wikipedia.org/wiki/Single-room_occupancy

    The owners of the Ace Hotel, a former SRO facility, converted their building to a luxury hotel, with only a few long-term, low-income SRO tenants using their leases to stay in the hotel. [25] There are about 100,000 illegal SRO units in New York City, many of which are "unsafe, with too many people" for the space and a lack of proper fire exits ...

  5. Timeshare - Wikipedia

    en.wikipedia.org/wiki/Timeshare

    This "must be paid yearly fee" would become the roots of what is known today as "maintenance fees", once the Florida Department of Real Estate became involved in regulating timeshares. The timeshare concept in the United States caught the eye of many entrepreneurs due to the enormous profits to be made by selling the same room 52 times to 52 ...

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  7. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    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 ...