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Multiple listing service. 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.
In 2024, the average real estate commission in North Carolina is 5.52%, according to real estate data company Clever. That’s a bit higher than the national average of 5.49%. That’s a bit ...
Days on market. Days on market (DOM, alternatively active days on market, market time, or time on market) is a measurement of the age of a real estate listing. The statistic is defined as the total number of days the listing is on the active market before either an offer is accepted or the agreement between real estate broker and seller ends.
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. If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
Canal estate. Chain (real estate) Chain of title. Chain-free property. Closing (real estate) Closing costs. Common area. Common area maintenance charges. Condop.
Consider the following trend: In the spring of 2022, more than 3,000 new listings were hitting the market each month, Parcl Labs, a real-estate-analytics company, found. By the following spring ...
Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...
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