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A real estate company which is not a member of any MLS may have pocket listings, but may still be willing to cooperate with other real estate professionals in the sale of their listings. A broker or agent having a Pocket Listing can sometimes imply that the property will be sold directly to a buyer by the seller's agent.
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:
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...
For instance, according to J.D. Power, the average retail price of the previous 10 model years for outboard boats was about $47,000 at the end of 2023. At the end of 2021, it was about $53,500. At ...
The opening bid was set at $38.5M plus $5M for royalties and future sales of boats. OMC won the auction with a high bid of $58M. For its $58M, OMC acquired the tangible and intangible assets of Chris-Craft including the manufacturing facilities in Bradenton, Florida; Goshen, Indiana; and Swansboro, North Carolina.
Using a new state law, the Town of Port Royal is pursuing tough new mooring rules to keep derelict boats at bay as it prepares to pour nearly $1 million into building a new shrimp dock.