real estate chap. 1

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Author:
kaylamarie
ID:
16627
Filename:
real estate chap. 1
Updated:
2010-04-28 13:24:51
Tags:
RE
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Description:
lesson 1
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  1. Listing
    A written contract between a seller and a broker, in which the seller hires the broker to find a buyer for the property. Also called a listing agreement.
  2. Listing agent
    A real estate agent who assists a seller in finding a buyer for a property
  3. Multiple listing service
    An organization of real estate agents that share information about listed properties with each other.
  4. Offer to purchase
    A seller's offer to purchase states the offered price as well as the closing date and other terms of sale

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