Ideally, if you're looking to call an agent, you should have the necessary financial considerations covered and be ready to show your home within weeks. This takes time, and...

Research shows that most real estate agents fail in their first year, and for various reasons. The most common mistakes that agents make is inadequate prospecting, failing to...

What Is a Pocket Listing? A pocket listing is a real estate sale offer that is handled by a single broker or salesperson and not made available to multiple...

What Is an Extender Clause? An extender clause is a contractual provision in an exclusive real estate listing agreement. This type of clause protects the listing agent by...

The list price, in the real estate world, is the suggested gross sale price of real estate property when it is put on the market. Breaking Down List Price The listing...

What Is Landominium? Landominium refers to a unit, built as part of a residential development, whose owner owns both the unit and the land on which it is built. It is a...

What Is a Subject Offer? A subject offer is a financial term related to a potential transaction or deal as part of a negotiation for sale. This offer does not represent a firm...

What Are Seller-Paid Points? The term "seller-paid points" refers to a concession or rebate offered by a seller to the buyer in a transaction. The points can lower...

Real estate agents get listing agreements in a variety of different ways depending on their markets. A real estate agent in an expensive area of a city such as...

What Is Real Property? Real property is a parcel of land and everything that is permanently attached to the land. The owner of real property has all of the rights of ownership,...

What Is an Exclusive Listing? An exclusive listing is a type of real estate listing agreement in which a property seller appoints and specifically authorizes one real estate...

What Is a Broker's Open House? A broker’s open house is a showing of a property for sale targeted to other real estate agents. A broker’s open house...