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Opinion: NAR has finally met its match

Housing Wire

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. The monumental verdict in the Sitzer/Burnett commission lawsuit trial may finally be the giant-killing blow against the National Association of Realtors (NAR).

Realtors 421
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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. We have considered the acquisition of vacant land, financing that purchase; and complying with legal standards.

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When a House Doesn't Appraise For the Sale Price

Eppraisal

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. There are many instances nowadays where a house doesn't appraise for the price on the contract.

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The Many Shades of Earnest Money

Eppraisal

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

1] As a real estate broker in Illinois, it is not legal for you to work independently. Frequently Asked Questions” [link] Illinois Realtors, Start Your Career in Real Estate. 2022 Real Estate Broker Renewal Application” [link] Illinois Realtors, Start Your Career in Real Estate. Illinois Home Values” [link]

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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. SALESPERSON LICENSE EXAMINATION APPLICATION” [link] Ohio Realtors. Online Salesperson Application & Transfer” [link] Ohio Realtors.

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The Difference Between a Homeowner’s Insurance Policy and a Home Warranty

Eppraisal

Do you as a homeowners know the difference between a homeowner's insurance policy and a home warranty? With the increase in home values over the last couple years, you have a bigger investment to protect against hazards and defects. " The average cost of a home warranty is approximately $450-$700.