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The Act enlists the registration policy of a real estate project and real estate agent and related provision under Section 3. [ 11 ] Sub-section (1) of Section 3 of the Act makes it mandatory for all real estate projects to register with RERA [ 12 ] for launching a project to provide greater transparency in project marketing and execution. [ 11 ]
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 ...
Of New Jersey's 21 counties, 17 had an increase in median listing prices from October 2023. And when compared with September 2024, 14 counties had an increase in median listing prices.
Weichert, Realtors is a residential and commercial real estate franchisor founded in Chatham, New Jersey in 1969. Since 1989, the company has been headquartered in Morris Plains, New Jersey. It is a family-owned and operated business led by co-presidents, founder Jim Weichert and James Weichert, Jr, his son. [1]
The real estate market in New Jersey is sending mixed signals, according to the New Jersey Real Estate Network. On one hand, a 12.5% year-over-year increase in median sales prices across all...
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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