A broker associate is a real estate broker who works for another real estate broker or for a brokerage firm. Although brokers can work for themselves, many choose to join with larger real estate networks. Some pay a flat fee to the employing broker, and some earn a percentage of each tran...
Rather than focusing on a single agent, a homeowner can instead decide to sign an exclusive agency listing agreement. This allows any realtor within the brokerage’s employment to attempt to find a buyer in a given amount of time. If they successfully push through the home sale, they will...
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...
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. ...
If you open a SEP IRA at a brokerage, the account allows you to invest in potentially high-return assets such as stocks and stock funds. But you’ll also be able to invest in a whole range of securities offered by the brokerage, including bonds, options and more. ...
We won’t lie: The process can be complex and stressful—especially if you are a first-time buyer. Having areal estate pro by your sidecan make all the difference. You might have heard of buyer’s agents, selling agents, listing agents, and so on. You’re a buyer, so what is a bu...
is a sum of money which a broker charges tenants in return for assistance in finding their future rental home. It’s the equivalent of a commission or “finder’s fee” and has to be paid—typically by the renter—before moving in. It’s sometimes also referred to as a brokerage fee....
A real estate listing fee might seem like just another term in the complex world of real estate, but it plays a significant role in thehome-selling process. Grasping what a listing fee is, who pays it, and when it is paid can help you navigate your home sale more effectively and potent...
Buy direct.If possible, it’s preferable to buy Treasury bonds directly at TreasuryDirect.gov. That way, you’re buying your bonds from the federal government and eliminating any fees that may come with buying bonds through a middleman, as you would with a brokerage firm. Most bonds, except...
There are different kinds of brokerages to choose from. Some, for example, exist solely or mainly online, which is where you conduct much or all of your business with them. Others have branches all over the country, allowing you to walk in and talk to a customer service agent face-to-...