0
A false statement in an advertisement could subject a real estate broker to a fine of?
Wiki User
∙ 11y ago
$1,000 fine and a one-year imprisonment.
section 10140 "false advertising."
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Does a real estate agent get the full commission that is itemized on the HUD settlement statement?
No. The HUD lists the total amount of commission paid to the listing broker and selling broker if they are different companies. The agent then has to split his commission with his office, sometimes the split is as high as 50/50.
How long does it take to become a real estate broker?
3 years
How much do real estate agents make on a sale?
Depends on broker
What is the average real estate commission in Florida?
In Florida, real estate commissions is being negotiated between the principal (seller or buyer) and real estate broker during exclusive listing appointment or when representing a buyer through an exclusive buyer's broker agreement.
How do real estate business make their money?
In some cases, real estate agents are employed by, and paid a salary by, their broker.
What does an estate broker do?
An Estate Broker is a person who acts as the middle man between buyers and sellers of real estate. They help with the transaction.
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
What makes a real estate broker different from a real estate agent?
Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.
Can A Texas Real Estate Broker take a Net Listing?
Yes, texas real estate broker can take a net listing.
Would you capitalize 'real estate broker'?
No, the term "real estate broker" is not typically capitalized unless it is at the beginning of a sentence or part of a title.
What mean Broker of record in real estate?
The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.
Real estate broker?
Real estate broker Find a Real estate broker in USA, Michellecooper Exprealty is a First-time homebuyer realtor with the best Real estate agent reviews in USA. Contact Now /michellecooper.exprealty
What has the author Calvin L Greenberg written?
Calvin L. Greenberg has written: 'How to become a successful store leasing broker' -- subject(s): Commercial leases, Real estate business 'Profit opportunities in real estate investments' -- subject(s): Real estate investment
What is a US estate agent called?
broker
What does a Broker In Charge do?
A Broker-In-Charge is basically the supervisor or manager of the real estate office. By law, every real estate office must have an appointed Broker-In-Charge, also called a BIC for short.
What does broker owned mean for rent?
It just means that the place that is for rent is owned by a real estate broker. They have to tell you that it is broker owned.
