Agency Contracts
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| show | Laws designed to preserve the free enterprise of the open marketplace by making illegal certain private conspiracies and combinbinations formed to minimize competition. Most violations of antitrust laws in the real estate business involve either price fi
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| buyer-agency agreement | show 🗑
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| show | A comparison of the prices of recently sold homes that are similar to a listing seller's home in terms of location, style and amenities an estimate of market value
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| employment contract | show 🗑
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| show | A listing contract under which the owner appoints a real estate broker as the exclusive agent for a designated period of time to sell the property on the owners stated terms for a commission. The owner reserves the right to sell without paying anyone a
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| show | A listing contract under which the owner appoints a real esate broker as the exclusive agent for a designated period of time to sell the property on the owners stated terms and agrees to pay the borker a commission when the property is sold regardless of
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| show | A carry over or protection clause in a listing contract that says the listing broker is entitled to commission for a time period after esxpiration of the listing term if the property is transferred to a prospect that the broker introduced to the property
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| fee for service agreement | show 🗑
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| frontage | show 🗑
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| listing agreement | show 🗑
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| multiple listing service (MLS) | show 🗑
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| show | A national registry managed by the federal trade commission that list the phone numbers of consumer who prefer to limit the telemarketing calls they receive
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| show | A listing based on the net price the seller will receive if the property is sold. Under a net listing the broker can offer the property for sale at the hightest price obtainable to increase the commission. While this type of listing is illegal in many s
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| show | The state law that requires sellers to provide a prescribed property disclosure statement to any prospective buyer prior to presentation of first offer on the property. Exemptions include new construction, foreclosed properties and lease purchases but no
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| open listing | show 🗑
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| show | See extender clause - A carry over or protection clause in a listing contract that says the listing broker is entitled to commission for a time period after esxpiration of the listing term if the property is transferred to a prospect that the broker intro
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| price fixing | show 🗑
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| procuring cause | show 🗑
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| show | see extender clause - A carry over or protection clause in a listing contract that says the listing broker is entitled to commission for a time period after esxpiration of the listing term if the property is transferred to a prospect that the broker intro
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| show | Exaggerated or superlative comments or opinions ex. This house has the best view in town
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| show | One who is prepared to buy property on the sellers terms and is ready to take positive steps to consummate the transaction; one of the agent's requirements for entitlement to commission
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| retainer fee | show 🗑
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| success fee | show 🗑
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