The term “et al.” is often used in legal documents and academic writing, but it may also appear in real estate documents, such as contracts, deeds, and titles. “Et al.” is a Latin phrase that means “and others.” When used in a legal context, it indicates that additional people are involved in the matter being…
In real estate, “BOM” stands for “Back on Market.” This term is used to indicate that a property that was previously under contract is now available again for sale. When a property goes under contract, it means that the seller has accepted an offer from a buyer, and the property is no longer available for…
The commission split is crucial when choosing a real estate company to work with. Commission split refers to the percentage of the commission earned on a real estate transaction that is paid to the real estate agent or broker. Real estate companies generally offer different commission splits to their agents, and it is up to…
Read More “Which Real Estate Company Has the Best Commission Split?” »
Being a real estate agent is a fulfilling and rewarding career path. As a real estate agent, I have the opportunity to help people find their dream home, and I love being a part of that journey. Here are some of the reasons why I love being a real estate agent: Helping people achieve their…
An option fee is a common term used in real estate transactions. A buyer pays a fee to a seller in exchange for the exclusive right to purchase a property within a specified time frame. The option fee is typically a small percentage of the overall purchase price and is credited towards the buyer’s down…
Data is reshaping the real estate industry in unprecedented ways. With the rise of big data and technological advancements, the way real estate professionals collect, analyze, and utilize data is changing rapidly. Here are some of the ways that data is reshaping the real estate industry: Predictive Analytics: Predictive analytics uses data, statistical algorithms, and…
First impressions are everything, and what you wear to a real estate interview can greatly impact your potential employer. Here are some tips on what to wear to a real estate interview: Dress Professionally: It is important to dress professionally for a real estate interview. This means wearing a suit or dress pants, a blazer,…
As a real estate client, you may find yourself in a situation where you need to part ways with your current broker. This can be a difficult conversation to have, but it is important to handle it professionally and respectfully. Here are some tips on how to tell your real estate broker you are leaving:…
Read More “How to Tell Your Real Estate Broker You Are Leaving?” »
So, you’re ready to take the FL real estate exam? Congratulations! This is an important step towards becoming a licensed real estate agent in the state of Florida. However, passing the exam can be challenging and requires preparation and focus. Here are some tips on how to pass the FL real estate exam: Study the…
Turnkey real estate in Florida means a property that is ready for immediate occupancy. As an investor, you don’t have to worry about doing any repairs or renovations – the current owner has already done them all. This can be especially advantageous if you’re new to investing and don’t have much experience with renovating homes….
Read More “What Does Turnkey Mean In Florida Real Estate?” »
