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The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts

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Q: When were real estate transactions first officially recorded?
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A record in which transactions are recorded first is what?

Journal


Business transactions are first recorded in?

general journal.


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Why are transactions recorded in the journals before being entered in the ledger accounts?

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Most real estate brokers depend on commissions coming from deals and negotiations, transactions that they are able close. For those first-time real estate agents, they earn little money as they are struggling for more transactions or deals closed. But as a realtor agent becomes experienced and earn a little more credit in his/her career, they earn better as they are now experienced and are able to conduct efficient transactions and deals with their clients at their utmost time and energy. The job is a commission-only position, though earnings can be substantial. A Real Estate Broker can get salaries of somewhere between 56000 and 84000 based on level of experience. Real Estate Brokers can get average salaries of Seventy Six Thousand Two Hundred dollars every year.


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Some examples of transactions are All a sudden, Then, First, After that, Finally, First of all, and so on...