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A leasing commission, or LC for short, is a fee paid by a commercial real estate landlord to a real estate broker in exchange for introducing a tenant that successfully completes a lease with the landlord. It is normally paid in the form of a percentage of the tenant's yearly rent.
A market leasing assumption (MLA), sometimes known as a speculative rent profile (spec rent) or market rent, is an accounting method used in commercial real estate to produce budget predictions and valuations. It is a sort of template, or standardized lease, that is applied to rental units for periods in the future when there is no contracted ...
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 ...
Rent Collection - Many agents will offer to collect the rent from a tenant for an additional commission. This cost can vary, but is usually less than 5%. Full Management - This is the day-to-day management of a rental property. [2] Many agents will provide this service for landlords who wish to have a hands off approach to their investment.
Get the Edgewater, MD local weather forecast by the hour and the next 10 days.
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
Maryland Route 214 (Central Avenue) intersects MD 2 and forms the southern boundary of the CDP leading east to the communities of Beverley Beach and Mayo. Maryland Route 253 (Mayo Road) curves through the center of the CDP in the Londontown neighborhood connecting Routes 2 and 214. Lee Airport is a general aviation airport in Edgewater.
Gresham is a historic home near Edgewater, Maryland.It is a large 2 + 1 ⁄ 2-story frame dwelling built in the late 1700s. [2]John Gresham II lived at Gresham after 1686 on land owned by land-grant pioneer Captain Edward Selby.