A person owning, managing, or being in charge of a real estate brokerage firm, even if the broker just works for him- or herself. The real estate brokerage itself. A licensed real estate professional who has obtained a broker's license (which entitles them to operate a real estate brokerag...
Real estate comes with the need for maintaining and managing property, which is known in the industry as property management. Learn more about what property management is, its importance, the different roles it plays, and how to hire experts. ...
A broker's license is required to work by yourself as an agent.1Using California as an example, you can obtain a broker's license in any of three ways: You can qualify to take the broker's real estate exam if you have a four-year college degree with a major or minor in real estat...
A real estate investment trust (REIT, pronounced “reet”) is a security that directly invests in real estate, by buying and selling property much like stocks on exchanges. REITs are essentially mutual funds that invest in real estate. A REIT invests via properties or mortgages and receives ...
Challenges are stacking up for the powerhouse semiconductor companies, but AI is picking up the slack. Brian O'ConnellFeb. 25, 2025 Best Tax-Free Muni Bond Funds Municipal bond funds can provide exemptions from federal and, in some cases, state taxes. ...
the landlord pays the real estate agent to help find a desirable tenant. In more competitive rental markets, however, the tenant may be responsible for the real estate agent fee, sometimes called a “broker fee.” These fees can be as low as $50 to $75 for a credit ch...
25K Real estate comes with the need for maintaining and managing property, which is known in the industry as property management. Learn more about what property management is, its importance, the different roles it plays, and how to hire experts. Related...
Managing paperwork. You'll need a lot of documents for making an offer, getting a loan, having an inspection done, negotiating issues and closing on the home. Your agent knows what is needed and can help make sure it gets done. Lending knowledge. Real estate agents stay on top of ...
A broker price opinion (BPO) is the estimated value of a property as determined by a real estate broker or other qualified individual or firm. A broker price opinion is based on the characteristics of the property being considered. A BPO is not representative of an official appraised value, ...
If a real estate agent or broker does the CMA, they will review the existing listing (if there is one) and make an in-person visit to gather information about the home. They'll take note of the home's size (particularly the liveable space), age, style, construction, condition, layout,...