A realtor is a real estate professional and aNational Association of Realtors (NAR)member. The NAR defines the term realtor as a federally registered collective membership mark that identifies a real estate professional who is a member of the association and subscribes to its code of ethics.1 ...
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The National Association of Realtors (NAR) is a national organization ofreal estatebrokers, known asrealtors, created to promote the real estate profession and foster professional behavior in its members. The association has its owncode of ethicsto which it requires its members to adhere. As of...
A commission is the amount of money you make—usually for selling goods or services—and is typically either a percentage or a fixed amount of the sales you make. Think of a salesperson, for example. A salesperson may earn 10% commission on all the products they sell. 7 types of commissi...
Another reason average Realtor commissions have dropped is because of increased competition from discount brokers and flat-fee realty services, indicates Vrana. Discount brokers operate efficient operations and often reduce add-on services to enable lower commission rates. Flat-fee services have emerged ...
A retail investor is a non-professional investor. Also known as individual investors, retail investors have an increasing impact on the market.
While your down payment is still due at closing, most lenders, REALTORs and attorneys would not consider it to be part of your closing costs. Are closing costs tax deductible? Most closing costs are not tax deductible. The two exceptions are discount points and any property taxes you pay in...
Find out how a CRM system can streamline your tedious routines: «Key CRM Functionality for Small Businesses and How It Can Support Your Growth». Types of CRMs Across-the-board CRM is a rare thing. On average, certain software performs one task better than others. According to its main...
If the situation seems confusing, that’s because it is. How can a Realtor effectively represent either side while also serving the needs of the other? You can’t. It is impossible to serve two masters sitting on opposite sides of the table in a real estate transaction. ...
How To Hire a Realtor To Sell Your Home: Who Has What It Takes?Learn more How to Negotiate Real Estate Agent CommissionLearn more Can I avoid paying a listing fee? Technically, yes, it is possible to avoid paying a traditional listing fee by opting to sell your home yourself, known as...