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A real estate broker is a term in the United States and Canada that describes a party who acts as an intermediary between sellers and buyers of real estate (or real property as it is known elsewhere) and attempts to find sellers who wish to sell and buyers who wish to buy. In the United States, the relationship was originally established by reference to the English common law of agency with the broker having a fiduciary relationship with his clients. Estate agent is the term used in the United Kingdom to describe a person or organization whose business is to market real estate on behalf of clients, but there are significant differences between the actions and liabilities of brokers and estate agents in each country. Beyond the US, other countries take markedly different approaches to the marketing and selling of real property. In the US, real estate brokers and their salespersons (commonly called "real estate agents" or, in some states, "brokers") assist sellers in marketing their property and selling it for the highest possible price under the best terms. When acting as a Buyer's agent with a signed agreement (or, in many cases, verbal agreement, although a broker may not be legally entitled to his commission unless the agreement is in writing), they assist buyers by helping them purchase property for the lowest possible price under the best terms. Without a signed agreement, brokers may assist buyers in the acquisition of property but still represent the seller and the seller's interests. In most jurisdictions in the United States, a person must have a license before they may receive remuneration for services rendered as a real estate broker. Unlicensed activity is illegal, but buyers and sellers acting as principals in the sale or purchase of real estate are not required to be licensed. In some states, lawyers are allowed to handle real estate sales for compensation without being licensed as brokers or agents. From Wikipedia under the
GNU Free Documentation License What is a fair real estate commission for selling and then buying a house using the same broker? Q. I am selling my house and going to be another house using the same real estate broker. Her fee is 6% to sell my house, and then she said tht the fee would be set by the other seller of the new house. Is there any fee discount that I can arrange with her if she is getting money on both ends? The houses we are selling and buying are both in the $650k- $850k range. If so, what would look like? Asked by scorpiohill - Wed Jul 18 17:54:32 2007 - - 6 Answers - 0 Comments A. Sounds like two transactions.The seller of the other house pays her commision .If her performance failed to get the house you wanted and it was her fault then I would ask for a discount.The sellers RealEstate Fees are negotiable at the time before signing the listing.Talk it over with her and her broker and see if they will give a little. Answered by ,,,,,, - Wed Jul 18 18:07:48 2007 how to become a real estate broker in China? Q. How do I become a real estate broker in China? Asked by Lawrence L - Sun Apr 15 02:56:59 2007 - - 1 Answers - 0 Comments A. I would like to recommend that you take a look at the products on this site, especially the ebook. I am sure it will help you. The information they provide in this ebook caters for :- o Persons who are simply trying to sell their home o Persons buying a home o Persons in the real estate business It is very informative and very easy to read. If you are considering going into the real estate business, they also offer great mentoring services that is highly personalized, designed to drastically cut your learning curve. Please visit here for more information:- I hope this helps. Best Regards Answered by Christopher P - Wed Apr 18 11:56:32 2007 whats the average real estate broker fees for the real estate office?
Q. The real estate office we are working with is charging an additional $500 broker fee on top of the commissions. Is this normal? Asked by Irene G - Mon Jul 3 20:41:22 2006 - - 3 Answers - 1 Comments A. Normally the commission covers all of the broker fees. I advise you call the broker and ask, "If I pay you an additional $500 broker fee, what can you do for me that other brokers don't normally do?" When the broker answers, follow up with "So other brokers don't normally provide ___?" Finally end with "Really, that's interesting... I need to do some research on this. If everything checks out, I'll call you back." Then call other brokers to find out if they don't provide that special service. Go ahead and try this and you might be pleasantly surprised. Either this broker offers exceptional service and deserves an extra $500 fee or this broker is overcharging you. When you find out, I'd be interested to know the result. Answered by Superman P - Mon Jul 3 21:38:54 2006 From Yahoo Answer Search: "real estate broker" Real - estate scam dupes home sellers and renters
Wyoming Tribune Jennifer Trainer, a real - estate broker with Assist 2 Sell, said people have been sending as much as $1500 to this person. "People have been falling for it ... Long-running real estate scam pops up in Wyoming LocalNews8.com all 5 news articles » Eric C. Rubin, 44; commercial real estate broker , DC booster
Washington Post Eric C. Rubin, 44, a commercial real estate broker who wooed upscale retailers to the District, died Feb. 18 of heart disease at his home in McLean. ... gravillis v. coldwell banker residential brokerage company
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497px x 457px | 83.00kB [source page] You have 100 days to try Broker XSites so if you don t see all the advantages to your business we ll refund every penny to your company no questions asked Classified Advertising Illustrations Discussions 47 jpg
499px x 350px | 27.20kB [source page] a classified advertisement permitted by many newspapers One example is a plain rule border The other shows a broken border which is usually very effective in any form of advertising Classified advertisements dealing with two phases of the real estate business property management and brokerage See page 71 In the first instance immediate action is suggested From Yahoo Image Search: "real estate broker" Analyzing a Commercial Real Estate Lease | News2pages.com
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