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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. The simple answer is that real estate agents are paid on commission, typically a percentage of the property’s sale price. How do real estate agents get paid?

Agents 368
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How Much Commission Does A Realtor Make? (Updated For 2023)

Kyle Handy

The full commission on a real estate sale is usually 4% to 6% of the sale. Negotiating a higher sale price for your listings. A real estate agent can provide services such as home staging for their listings and sell packages such as superior photography and videos. Cash sales can go much faster, but they’re rare.

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Can I Legally Sell My Rental Property With Tenants in It?

HomeLight

If you need assistance navigating the legalities of your sale, HomeLight always encourages you to reach out to your own advisor. works on many sales of rental properties. Jacobs estimates that 90 to 95% of the commercial transaction he handles involves tenants staying with the property.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

Closing 116
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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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Agent, Realtor, Broker: What Do You Call a Person Who Sells Houses?

HomeLight

In this article, we explain the roles agents play in your home sale or purchase, their required level of experience, and the services they provide in your home sale or purchase. The buyer’s agent helps a buyer locate and purchase a home, negotiating the best deal for their client. Don’t break the law. Find Agent.

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Market Map: 240 Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

This market map real estate technology companies operating across every phase of the home purchase value chain. These companies have collectively raised more than $30B in venture capital, and range from seed stage businesses to public companies. In the next few weeks I will also publish an updated commercial real estate market map.