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An occupation may become obsolete for a single reason, or for a combination of reasons. Reasons for occupations to become obsolete fall into a number of groups: Cultural/fashion change, for example hoop skirt and crinoline manufacturers were significant employers in the 1850s and 1860s but they declined significantly in later years as fashions ...
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 ...
Electrostatic discharge (ESD) is a sudden and momentary flow of electric current between two differently-charged objects when brought close together or when the dielectric between them breaks down, often creating a visible spark associated with the static electricity between the objects. ESD can create spectacular electric sparks (lightning ...
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.
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.
Planned systemic obsolescence is caused either by the withdrawal of investment, or a product becoming obsolete through continuous development of the system in which it is used in such a way as to make continued use of the original product difficult.
FOBO, a fear of becoming obsolete, was on business leaders' minds at Davos. Monty Rakusen/Getty Images FOBO was the new buzzword floating around Davos this year.
Symbol for an ESD protection device – EPA Alternate warning symbol Symbol of an ESD grounding point for all components. An electrostatic-sensitive device (often abbreviated ESD) is any component (primarily electrical) which can be damaged by common static charges which build up on people, tools, and other non-conductors or semiconductors. [1]