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  2. Buyer brokerage - Wikipedia

    en.wikipedia.org/wiki/Buyer_brokerage

    Buyer brokerage. A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent .

  3. Bar examination - Wikipedia

    en.wikipedia.org/wiki/Bar_examination

    To sit for an exam, the candidate needs a 5-year university degree in jurisprudence and 18 months of legal apprenticeship at a law firm with at least 20 court hearings per semester. The State Bar Exam is composed of two parts: a written exam and an oral exam. The written exam is composed of three written tests over three seven-hour days.

  4. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  5. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...

  6. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601 – 2617. The main objective was to protect homeowners by assisting them in becoming better educated while shopping for real estate services, and eliminating ...

  7. Renting vs. Buying Real Estate: See the Cost Difference in ...

    www.aol.com/renting-vs-buying-real-estate...

    Richmond. Average Home Value: $357,704. Average Monthly Mortgage Payment: $2,118. Average Monthly Rent: $1,613. Average Monthly Expenses: $1,923. Homeowner Monthly Cost of Living: $4,041. Renter ...

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