General Flashcards
1
Q
What is the home sale process?
A
-Signed Listing Contract between Seller and Listing Brokerage
-Get property on the MLS
-Market the property: Showings, offers, negotiate the deal
-Real Estate Sales Contract
-Three day attorney review
-Typically “under contract” for 30-90 days before closing.
2
Q
Which party does the selling agent and selling broker work for?
A
The buyer.
3
Q
What is the name of the agent and broker who work for the seller called?
A
Listing agent and listing broker.