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NAR clarifies details on buyer broker agreements

Housing Wire

NAR also noted in the FAQ that a written agreement between an agent and a buyer would be necessary prior to that agent taking the buyer on any home tours, unless state law requires that the agreement be signed earlier in the process.

Buyers 480
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5 best Arizona real estate schools for 2024

Housing Wire

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

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New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees

Housing Wire

After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S.

Business 442
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9 tips for homebuyers in non-disclosure states

Housing Wire

Attend open houses and talk to other homeowners to get a sense of the market dynamics in the area. A real estate attorney can provide guidance on local laws, review contracts, and ensure that your interests are protected throughout the home-buying process.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

This includes — but is not limited to — posting to the MLS, hosting open houses and getting creative with social media. This course covers real estate law, contracts, finance and ethics. They oversee all real estate activities and ensure compliance with state laws and regulations.

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A complete guide to understanding pocket listings

Housing Wire

This could translate to a higher commission, depending on how your contract with the seller is written. Since there arent typically weekends of open houses and dozens of private showings on pocket listings, there will be fewer buyer germs walking into the house. Host a broker open house.

Sellers 333
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How to get a real estate license in Texas

Housing Wire

You are required by law to get your fingerprints taken, have them on file with the Texas Department of Public Safety (DPS), and pass the subsequent background check. Many of the college and law school courses you completed to get your law degree, however, may count toward the education requirements. Did you know?