If you’ve ever been in the unfortunate position of having to take part in a wholesale real estate transaction, you know that real estate wholesaling is flipping paper – not properties. Last fall I wrote about the risks of selling property to a wholesaler (Beware Of Wholesale Home Buyers!). Wholesaling is simply the process of […]
In Real Estate Sales, What Is A “Side”?
Many real estate brokers and agents describe their real estate sales experience by quoting the number of sides they have closed. The average buyer or seller needing to hire an agent may not know what a side is and how it reflects an agent’s capabilities. Let’s look at the meaning of sides and how it […]
Real Estate Terminology – Listing Agents Versus Selling Agents
Real estate terminology can sometimes be confusing, and perhaps some of the most confusing terms are those that describe the role of agents and brokers in the real estate sales process. Let’s look at two of the most commonly used and misunderstood terms – listing agents and selling agents. When we sell our home (or other property), […]
Real Estate Agent Commissions – How They Really Work
Real Estate Agent Commissions can be the largest single expense in a home sale, yet sometimes buyers and sellers don’t fully understand how the commission rate is set, who pays the commission and what services they should be getting for their money. I’ll answer a few common questions about real estate agent commissions to provide a […]
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