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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 many other countries.
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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 ...
During his time in the House, Moynihan collaborated with other Connecticut politicians, including John B. Larson, Chris Dodd, and Richard Blumenthal. [2] After retiring from the state house, Moynihan served on the MetroHartford Chamber of Commerce. He left that position in 2001. [4] Outside of politics, Moynihan was a real estate agent. [2]
A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
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Ben McGorty (born May 2, 1964) is an American politician from the state of Connecticut. A Republican, he has been a member of the Connecticut House of Representatives since 2014, elected from the 122nd district. [1] [2] McGorty is a Lieutenant/Deputy Fire Marshal for the town of Stratford, and a real estate agent.