Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN: 9780357033609
Author: Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher: Cengage Learning
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Question
Chapter 5, Problem 9FPE
Summary Introduction
To discuss: The waysin which a real estate broker represents buyers versus sellers. Also, state the typical real estate commission.
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Students have asked these similar questions
Why would a buyer want to have a contract with a real estate brokerage? What benefits would there be?
Why are sellers willing to pay a commission to a broker to facilitate the sale of their property?
Take one of the 6 fiduciary responsibilities (COALDS). Explain how a breach of this responsibility (the agent not following it) could harm the principal in a real estate transaction.
Why would a buyer want to have a contract with a real estate brokerage? What benefits would there be?
Find a local real estate agency/brokerage and explore their website. Explain one thing you found that relates to what we learned in Chapter 12.
What are some of the elements of a listing agreement? Why are these included?
Which are Some underlying facts regarding the real estate industry?
Chapter 5 Solutions
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Similar questions
- How do you measure returns to real estate investments?arrow_forwardWhat the characteristics of Real Estate Market and Investment Strategies?arrow_forwardA loan to purchase real estate in which the real estate itself serves as collateral is a ____ loan. a. homeowner's b. real estate c. mortgage d. propertyarrow_forward
- Which of the following is not true with a broker Select one: a. Safeguards the interests of the investor b. Is a middleman c. Maintains inventories and takes position of assets d. Buys and sells on behalf of investorarrow_forwardWhy is rent receipts on investing?arrow_forwardWhat are investments by owners? Distributions to owners?arrow_forward
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