Real Estate Fair Housing Guide
The topic of fair housing is massive as it covers a wide variety of topics. Luckily In this guide we will go over every single essential you need to know for the real estate exam. We will go over fair …
Dyana Branchen
Flat Fee Listing Definition
A flat fee listing is a real estate agreement where the seller pays an agent a flat fee to have their property listed on the multiple listing service (MLS). Before calling yourself a real estate pro, you’ll need to learn …
Open Listing Definition
An open listing is an agreement in real estate where a property owner sells their home independently or with multiple agents. Real estate professionals must know the different types of listing agreements to ensure they maximize their potential. You’ll need …
Exclusive Agency Listing Definition
An exclusive agency listing is a real estate agreement where the seller gives an agent the exclusive right to sell their home, but the agent only receives a commission if they find a buyer. You can’t call yourself a real …
Exclusive Listing Definition
An exclusive listing agreement is where a seller gives a real estate agent the exclusive right to sell their property. In an exclusive agreement, no other real estate agents can assist in selling the home; only one broker. As a …
Tenant Rights for Repairs Definition
The tenant rights for repairs is the implied right that allows a tenant to make necessary repairs and deduct the cost of the repairs from the rent under certain circumstances. Not only is it crucial for tenants to know their …