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On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers.
The Real Estate Consumer Protection Enhancement Act, which is meant to create a more transparent and buyer-friendly housing market, officially went into effect in New Jersey Aug. 1, resulting in ...
While real estate commissions are technically negotiable, in the U.S. they usually run to 5 to 6 percent of the home sales price, among the highest fees in the world. The buyer’s agent usually ...
The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
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.
Downtown Jersey City 's waterfront, located on the Hudson River, is dubbed Wall Street West. [1]Wall Street West is a name used by real estate developers, city officials, and news media in the United States [2] to call particular streets or places west of Manhattan, New York City that have a high concentration of Wall Street financial companies or a major exchange.
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
After law school, he worked as a clerk for New Jersey Supreme Court Justice Alan B. Handler. From 1988 to 1990, he was an associate in the law firm of Riker, Danzig, Scherer, Hyland & Perretti in Morristown. From 1990 to 1994, he was an Assistant United States Attorney for the District of New Jersey.