All Posts Tagged With: "salesperson"
Are Broker Warranty Kickbacks Okay?
For some time there has been a nifty little side business in real estate: Your friendly broker offers a homeowner warranty program to reduce buyer worries about possible repairs. Such warranties may or may not be a good idea — you have to look at what’s included, what’s excluded, the up-front cost, the cost per [...]
6Jul2010 | Peter G. Miller | 1 comment | Continued
Real Estate Brokers Versus Salespeople — What’s The Difference?
A “broker” can be seen as someone licensed by the state and who works for another and for a fee. In effect, a broker is an “agent– who works for a “principal,– say a buyer or seller. As an agent, a real estate broker must uphold certain duties and obligations or his or her license [...]
21Nov2009 | Peter G. Miller | 0 comments | Continued
How Are Real Estate “Brokers” And “Salespeople” Different?
A “broker” is licensed to represent another and for a fee in the sale, purchase, rental, or exchange of real property. A “salesperson” — commonly called an “agent” is licensed to act under the authority of a broker and cannot directly contract with the public. Thus, for example, no money can be paid to a [...]
30Aug2008 | Peter G. Miller | 0 comments | Continued
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