Exclusive Right of Sale Listing
A written agreement between an agent and a property owner stating that the owner will pay a commission to the agent if the property is sold during a specific time period—whether or not the agent [...]
A written agreement between an agent and a property owner stating that the owner will pay a commission to the agent if the property is sold during a specific time period—whether or not the agent [...]
A written agreement in which the seller appoints only one agent to market the property for a specific period of time. If the owner sells the property himself, he is not required to pay a [...]
The closing of a real estate transaction through a neutral third party who holds funds and/or documents for delivery after specific conditions have been met.
The difference between the current market value of a property and the claims—such as the unpaid portion of a mortgage—that exist against it.
A buyer’s partial payment to the seller as a show of good faith in completing the transaction.