If you’re looking to buy a house, but you’re an average citizen who cannot pay in cash, you will need a mortgage loan from the bank, as the most common type of residential purchase financing. However, in order to get a mortgage, you have to fulfill a long list of requirements, including an impeccable credit […]

The difference between an exclusive agency listing and an open listing lies in the representation. With an exclusive agency agreement, the exclusive agent represents the seller. The seller can still sell himself, without paying a commission. The exclusive agency can also cooperate with another brokerage, which might bring an offer that the seller would accept. […]

The role of a real estate holding company is to facilitate property ownership in terms of business and legal procedures. You can secure your real estate and other assets of your company by conducting all the business operations under its name. What is a holding company and the reason to create it To define holding […]

So, how do you define open listing? What is an open listing in real estate? What does owner agent mean? All questions that you’ll hear at some point if you’re into real estate. An open listing is a situation where you get to sell the home by yourself. The open listing definition makes it a […]

You have an idea how to make money. You make a business plan. You looked up properties online and found what you think is the right one for your small business. However, there’s a problem – the price made you raise your eyebrows. Should you look for commercial real estate loans? Maybe this is not […]

You and your broker have been looking at houses for months, and you finally got the right one. The home is right, the property is good, and the neighborhood feels great. The seller gave you an asking price, and it is your turn to make a bid and let them know you’re interested in making […]

In this article we’ll talk about real estate tax deduction. If your question is “Is real estate tax deductible” then it is that joyful time of the year again: tax season! Moreover, what better way to celebrate it than with some real estate tax deduction tips. So let’s grab a real estate agent tax return […]

First of all, what is dual agency? What is dual representation real estate? In real estate, the dual agency definition means that one broker will represent both the buyer, and the seller in the transaction. However, dual agent real estate brokers can’t disclose any confidential information to any of their clients. This can lead to […]

If you are new in real estate business, you probably heard about the term “real estate closing”. It is something that experienced real estate agents refer to when they are shopping for a property. What does it mean to close on a house? The real estate closing process occurs when you finally sign the papers […]

What is a grantor? What is the grantor definition? How do you define grantor? How do you differentiate grantor vs grantee or grantee vs grantor? What does grantor mean? All of these are questions which have a single answer. The grantor is actually a legal term that is used in real estate. Who is the […]