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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 …

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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 …

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exclusive listing agency

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 …

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exclusive listing

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 …

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tenant rights for repairs

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 …

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tenant vs landlord

Tenant vs Landlord Responsibility

In a lease agreement, the landlord and tenant each have a share of responsibilities they must uphold. Real estate professionals should know the differences between tenant vs landlord responsibilities. It would be best to learn from rental real estate connoisseurs …

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