understanding the difference between a list price, selling price and even a sale price can make a difference. If you are working with a real estate agent who is helping you price your home, make sure you are speaking the same language. ...
A listing may say “contingent – continue to show (CCS)” which means that agents can continue to show the home. This status may mean the buyer has several contingencies they need to fulfill. In this case, the buyers may be actively accepting additional offers, so speak with your agent a...
Zillow is free to use for both owners, listing agents, and landlords. The majority of its revenue comes from selling advertising space on its suite of sites—Zillow, Trulia, and Hotpads, among others—to property management companies, mortgage lenders, and other businesses. Compared to Trulia, ...
What is the difference between P/E and industry P/E in stocks? What is the importance of brokerage firms? (a) What role does a real estate agent play in the purchase of a house? (b) What is the benefit of the Multiple Listing Service? (c) How is the real estate agent comp...
Agents enter dual agency when they represent both the seller and the buyer in the same transaction.Dual agencycan happen even if two agents are involved—a listing agent and a buyer's agent—if both agents work for the same broker. The real estate broker becomes the dual agent in that cas...
What is vital to know is that both the pending and contingent status means an offer on the property has been accepted. Real Estate agents refer to this as a home goingunder contract. Once a contract has been executed, one of the things thelisting agentmust do is choose the appropriate sta...
The insurance agent offered a quote for the policy over the phone. 6 Offer An indication of willingness to enter into a contract on certain terms. The seller sent an offer with flexible payment options. 5 Quote A statement of price for specific goods or services, given on request. The cont...
Paul chose Silas and departed, being recommended by the brethren unto the grace of God. Referral The act of referring (as forwarding an applicant for employment or referring a matter to an appropriate agency) Recommend Push for something; The travel agent recommended strongly that we not travel ...
You’ll typically find a contingent status on a multiple listing service (MLS). MLS platforms are private databases reserved for people with real estate licenses. If you want to learn more about the contingent status of a property, consider speaking with a real estate agent. Let’s take a ...
There is no difference between a citation and a ticket if you are pulled over by a law enforcement officer for breaking a traffic law. Both refer to an action taken by the police to record an infraction you have committed. You could receive a ticket while driving for something like speeding...