An in-depth look at Exclusive Agency, a type of representation agreement where the agent exclusively represents either a buyer or a seller in a transaction.
Understanding the Role of a REALTOR® in the Real Estate Industry
An early opportunity to purchase before the property is offered to others. Unlike ROFR, ROFO requires the property owner to offer the right holder the opportunity to purchase before negotiating with third parties.
Understanding the role of a Title Examiner in conducting title searches and preparing title reports.
The closing date in real estate is the date on which the seller delivers the deed and the buyer pays for the property. This pivotal moment marks the culmination of the real estate transaction, involving the transfer of title from seller to buyer.
An explanation of marketable title, its significance in real estate, its requirements and the concept of encumbrances.
A comprehensive overview of Real Estate Brokers, including their roles, licensure, functions, history, and comparisons with related terms.
Earnest money is a deposit made to a seller, often in real estate transactions, that demonstrates a buyer's good faith in a transaction. Learn about its purpose, typical amounts, and related considerations.
Comprehensive explanation and insights into land contracts, including their structure, uses, benefits, drawbacks, and legal considerations.
An in-depth look into the profession of Realtors, covering their roles, responsibilities, how they are distinct from other real estate professionals, and the standards set by the National Association of Realtors.
