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The series chronicles the professional and personal lives of six real estate agents — Josh Flagg, Madison Hildebrand, Josh Altman, James Harris, David Parnes, and Tracy Tutor Maltas — based in Beverly Hills, Hollywood, and Malibu, California as they sell high-end properties.
Upon listing the property, the real estate agency tries to obtain a buyer for the property and, in consideration of successfully finding a satisfactory buyer, the broker anticipates receiving a commission (fee) for the services the brokerage provided.
Closing is a sales term which refers to the process of making a sale. The sales sense springs from real estate, where closing is the final step of a transaction.
A buyer’s agent represents a homebuyer in a real estate transaction, while a seller’s or listing agent is responsible for the seller’s side, including pricing and marketing the home.
The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer. In most jurisdictions, ownership is officially transferred when a deed from ...
AJ Fabino July 5, 2024 at 11:17 AM Buyer's Market Is Emerging As Homes Sell Below List Price For First Time Since Pandemic
The closing of the sale ends the escrow period and completes the transfer of ownership to the buyer. At this time, and all monies change hands and a number of closing costs are paid by the buyer or seller. If a real estate broker is used in the transaction, closing is the time that payment is made to the brokers involved.
The San Francisco Bay Area has been a goldmine for real estate agents, particularly because of its tech-driven economic boom and limited housing supply, according to Tim Choate, the founder and ...
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