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For example, a buyer could offer $850,000 for a house if the seller gives them $30,000 back, which the buyer would then use to pay their agent and other closing costs.
Keller Williams was founded in 1983 by Gary Keller and Joe Williams. [4] It started out as a single office based in Austin, Texas, selling local residential real estate in the Austin area. [5] After two years in business, Keller Williams became the largest single office residential real estate firm in Austin with 72 licensed agents. [6]
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Real estate commissions: If you’ve hired a real estate agent, you’ll be responsible for paying their commission fee. This usually runs between 2.5 and 3 percent of the home’s sale price ...
Real estate agent. Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to ...
In competitive markets, buyers might need a preapproval letter for sellers to even consider their offer. 2. Ask friends and family for agent referrals. One great way to find a good real estate ...
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