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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?

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance. Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Stay updated on local and national real estate trends and regulations.

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How to Sell Land

Redfin

To sell land successfully, you need to price it correctly, prepare the property, list it on land-specific platforms, and market it to the right buyer type, such as developers, builders, or private individuals. Successful sellers know how to frame land’s potential, not just its specs.

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Can Your Condo Developer Stop You From Leasing Your Unit?

Toronto Realty Blog

The developer set the “rules” back when buyers purchased in pre-construction sales centres and the developer is still the legal owner of the condo. Because this was noted in the boiler-plate purchase agreement that every buyer signed six years ago! ” But what happens in the interim? ” It is.

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40 Real Estate Forms You Need to Sell Your House

Redfin

15 documents to have before listing your home Collect paperwork that highlights your homes selling points for an accurate pricing strategy, additional documentation to pass on to the new owners and other real estate forms required for the sale. Particularly youll need the original purchase agreement and deed.

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What is Due Diligence in Real Estate?

Redfin

During the due diligence period, the buyer is allowed a set amount of time, typically outlined in the purchase agreement, to fully investigate the property before finalizing the sale. If the appraisal is lower than the purchase price, it can lead to renegotiation or an appraisal gap issue.

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Conveyance in Real Estate: Defined and Explained

Redfin

Conveyance is when the property you’ve worked tirelessly to purchase becomes yours, and you’re transferred the deed and title. How conveyance is used in real estate Conveyances in real estate are used to transfer real property, which is property tied to land with or without a home or structure on it.