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Who is the Transaction Broker in real estate?
A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.
What is co broker in real estate?
A co - broker works with the listing brokerage to help sell the property. It is commonly referred as selling broker which will bring buyer and the listing broker will work seller to help complete the transaction.
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.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
What COBA does stand in real estate?
COBA: Compensation to Buyer's Agent COTB: Compensation to Transaction Broker CONR: Compensation to Non-Representative
Who is the Transaction Broker in real estate?
A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.
How long does broker keep records?
in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.
How long does a broker keep records?
in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.
How long does a real estate broker keep transaction records in California?
The California Business and Professions Code Section 10148 dictates that a real estate broker must retain all records of transactions for three years, starting from either the closing date of the transaction, or from the listing date if the transaction is not completed.
What does TB mean on a realtor listing sheet?
Transaction broker.
What is The process of the floor broker purchasing your six shares of Mattel is a?
transaction
Who is the principal of a common law insurance broker in an insurance transaction?
Insurer
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.
What is co broker in real estate?
A co - broker works with the listing brokerage to help sell the property. It is commonly referred as selling broker which will bring buyer and the listing broker will work seller to help complete the transaction.
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.
In dual agency who pays the closing cost in a purchase transaction?
Dual agency occurs when one broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same broker each represent a party to the transaction. Closing costs are a negotiable item between the buyer and the seller in the purchase agreement.
How long does a real estate broker keep transaction records in New York?
10 years
