Webbuyer agency agreement. A contract for real estate brokerage services between a buyer and a real estate agent. The broker receives compensation for successfully locating a property for the buyer to purchase. commission. Payment a real estate salesperson receives for services rendered, usually expressed as a percentage of the property sale …
15.3 Flashcards Quizlet
WebThat they belong to a real estate board. A broker lists a property for sale at $100,000 with a 5% commission, and he later obtains a verbal offer to purchase the property from a prospective buyer. The seller indicates to the broker that the offer would be acceptable if it were submitted in writing. WebA system for buying and selling shares of companies. privately held stocks. a relatively small number of people or family members own all the stock available. Underwriter. a firm such as an investment bank that helps other companies raise money. Initial Public Offering (IPO) to raise money from investors worldwide. dodge city mt airy
Exam 1: Unit 15 - Real Estate Brokerage Flashcards Quizlet
WebStudy with Quizlet and memorize flashcards containing terms like Brokerage commissions charged to sellers in listing contracts for the sale of real property are MOST typically set by the A) brokerage firm and board of REALTORS®. B) negotiation between local brokerage firms. C) state Commission and the principal broker negotiations. D) principal broker … WebStudy with Quizlet and memorize flashcards containing terms like Merrill Lynch and Paine Webber are examples of:, Which of the following statements is true regarding full-service brokers?, Which of the following statements regarding commissions charged by full … WebStudy with Quizlet and memorize flashcards containing terms like A broker is not generating the commissions that she expected as month-end approaches. The broker contacts one of her clients who is a novice investor, explains the situation, and asks the customer to buy a NYSE-listed security at twice the regular commission rate. The … dodge city medical center