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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 ...
From record-high mortgage rates to limited supply, the housing market has changed significantly over the past few years. If you are hoping to buy or sell your home this year, it is important to...
Stacey: When it comes to real estate, the best deals go to the buyers with the sharpest negotiation skills. How do you haggle like a pro? Let's find out on "What Works Now" Voice Over: AOL and ...
In North America, Australia, and Europe, bargaining is restricted to expensive or one-of-a-kind items (automobiles, antiques, jewelry, art, real estate, trade sales of businesses) and informal sales settings such as flea markets and garage sales. In other regions of the world, bargaining may be the norm, even for small commercial transactions.
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:
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 ...