A listing agreement is alegally binding contractbetween the seller (you) and thereal estate brokeragethat helps you sell your home. It states that the seller is hiring the agent to handle their home sale and authorizes them to find a buyer. In exchange, the seller agrees topay the agent a...
The perfect example of an attempt to have an in-house sale by a real estate agent is when you see a real estate sign that says, “coming soon.” Acoming soon listingis not officially on the market in regular marketing channels, but the agent is attempting to find a buyer nonetheless. ...
A callable CD gives the issuer (bank or brokerage firm) the option to “call” or redeem your CD before its maturity date. Callable CDs typically offer higher interest rates than traditional CDs to compensate for the risk. If your CD is called, you’ll receive your full principal plus ...
Or, an OTC transaction might happen directly between a business owner and an investor. How do I buy OTC stocks? The most common way for retail customers to buy an over-the-counter (OTC) stock is to create an account with a broker. Many, but not all, brokerage firms that allow you ...
As you’re opening almost any kind of financial account — a bank account, life insurance, a brokerage account, retirement accounts such as a 401(k) and IRA, among others — the institution will ask you to name a beneficiary. You’ll also establish beneficiaries when you create a will or...
sell faster, which leads tomultiple buyers interested in a single property. This can result in bidding wars or buyers offering higher than the home’s list price. A seller’s market is a fantastic time tosell your home. You may be able to sell your home for more than your listing price...
As with any service, weighing the pros and cons of working with a mortgage broker is essential. The pros of a mortgage brokerage include: They know ways to save money Mortgage brokers may be able to negotiate with lenders to waive common fees, such as origination, appraisal, and even applic...
What is a HELOC? A HELOC (home equity line of credit) is a revolving form of credit with a variable interest rate, similar to a credit card. The line of credit is tied to the equity in your home. It allows you to borrow and repay funds on an as-needed basis during a specified pe...
has brought an explosion ofdiscount online brokersthat allow individuals with smaller capital to trade for lower fees and with less capital. In terms of the stock market, most discount brokers operate through online platforms. A discount broker is nearly synonymous with online brokerages as a ...
After creating and funding a brokerage account, investors can search for ETFs and make their chosen buys and sells. One of the best ways to narrow ETF options is to utilize an ETF screening tool with criteria such as trading volume, expense ratio, past performance, holdings, and commission co...