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A deposit is an upfront payment that a buyer offers to a seller in order to sign a letter of purchase contract. Deposit deposits are quite common in competitive markets, especially when a seller is concerned that a buyer may be making multiple offers on many properties. It may be possible to buy a home […]
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What is a real estate agent? A real estate agent is a licensed professional who organizes real estate transactions, connects buyers and sellers and acts as their representative in negotiations. Real estate agents are usually paid entirely by a commission (a percentage of the purchase price of the property), so their income depends on their […]
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Are you considering entering the housing market? About 89% of homeowners use a real estate agent or broker when buying or selling a home. Therefore, choosing the right agent is crucial for a successful real estate transaction. Key points to remember Choosing the right real estate broker or agent involves asking questions about their experience […]
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Real estate agent vs mortgage broker: an overview Real estate agents and mortgage brokers share similar professional characteristics. As licensed real estate professionals, both assist their clients in securing residential or commercial properties. But their specific missions are quite different. A real estate agent helps buyers and sellers find or sell physical property, and a […]
Steve Murray sometimes gets together with other real estate alumni, shares wine, and inevitably starts to remark, “Of course I would have thought that would have changed more now. ” Murray, president of consultancy firm Real Trends, has been following the way American real estate agents do their jobs for 40 years. And over the […]