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Lamplighter Monument in Budapest, Hungary, an occupation that was replaced by job obsolescence. Job obsolescence, [1] occupational obsolescence or skills obsolescence [2] is a situation in which an occupation loses its field of work or its competitiveness is reduced compared to another more efficient one that fulfills the same function.
Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. . When used in a biological sense, it means imperfect or rudimentary when compared with the corresponding part of other organ
One example is that a ceiling fan pull chain The Home Depot or Lowe's sell at their stores wouldn't work out perfectly on most of the ceiling fans, including the ones they sell at their stores. The pull chain they sell is for a ceiling fan with a 3 speed motor and a single capacitor, which is rarely the case of ceiling fans sold today, and ...
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 ...
This is a category of jobs that have become obsolete. Subcategories. This category has the following 27 subcategories, out of 27 total. ...
RESPA was created because various companies associated with the buying and selling of real estate, such as lenders, real estate agents, construction companies and title insurance companies were often engaging in providing undisclosed kickbacks to each other, inflating the costs of real estate transactions and obscuring price competition by ...
At a price of US$30–$100 per BPO, [5] the work can provide side income or steady income for real estate agents. [1] Agents may also create working relationships and a rapport with financial institutions. [1] [7] Some BPO agents work through a BPO company that provides a single point of contact to the client and oversight of agents and their ...
Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.