Real Estate Term of the Day: Agent AGENT – a licensed real estate broker who is given authority to transact business for another with authority (Barron’s Dictionary of Real Estate Terms) See also: AGENCY & AGENCY DISCLOSURE In Colorado, to become a licensed real estate agent/broker a person must complete 168 hours of course work and … More Real Estate Term of the Day: Agent
The November 2011 Market Report is now available YTD (November 2010 vs November 2011) Single Family Highlights: Increase in the Number of Closed Sales to 28,906 (up 1.9%) Average Days on Market increased to 105 days Number of Active Listings decreased 33.0% to 10,213 Average Sold Price decreased (down 0.9% from $282,717 to $280,230) Units … More November 2011 Market Report is Now Available
Real Estate Term of the Day: Agency Disclosure AGENCY DISCLOSURE – a written explanation, to be signed by a prospective buyer or seller, explaining to the client the role that the broker plays in the transaction. The purpose of disclosure is to explain whether the broker represents the buyer or seller or is a transaction … More Real Estate Term of the Day: Agency Disclosure
Real Estate Term of the Day: Agency AGENCY – the relationship between a principal and his agent arising from a contract in which the principal engages the agent to perform certain acts on the principal’s behalf (Barron’s Dictionary of Real Estate Terms) In Colorado, there are three types of agency relationships that can be established: … More Real Estate Term of the Day: Agency
LESLIE MONACO REAL ESTATE 