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Definition
| The business of bringing people togetherin a real estate transaction |
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| Acts as a point of contact between two or more people in negotiating the sale, purchase, or rental of a property. |
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Definition
| A person or company licensed to buy, sell, exchange, or lease property for others and to charge a fee for these services. |
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| A licencee employed by or associated with a broker |
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Definition
A person who has satisfied the requirements set forth by a licencing agenct or state legislation.
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Definition
| Process of estimating a property's market value base don established methods and the appraiser's professional judgement. |
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| A person or company hired to maintain and manage property on behalf of it's owner. |
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| The business of providing the funds that make real estate transactions possible. |
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Definition
| The dividing of a single property into smaller parcells. |
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Definition
| Involves the construction of improvements on land. |
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Definition
| Conduct a thorough visual survey of a property's structure, system, and site conditionsand prepare an analytical report that is valuable to both purchasers and homeowners. |
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Definition
| Involves providing clients clients with competent independent advice based on sound prefessional judgement. |
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Definition
| National Association of Realtors |
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Term
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Definition
| The National Association of Real Estate Brokers |
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Definition
| All property used for single family or multi family housing |
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Definition
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Definition
| Property that allows for two uses, commercial and residential, in the same building. |
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Definition
| Warehouses, factories, land in industrial districts, and power plants |
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Definition
| Farms, timberland, ranches, and orchards |
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Definition
| Churches, schools, cemeteries, and government held lands |
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Term
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Definition
| A place where goods can be bought and sold |
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Definition
| When supply increases and demand remains stable, prices go down; when demand increases and supply remains stable, prices go up |
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Definition
| Labor force, construction, and material costs |
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Definition
| Population, demographics, and employment and wage levels. |
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Term
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Definition
| The study and description of a population |
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