Buyer’s Agent

(1) The agent who shows the buyer’s property, negotiates the contract or offer for the buyer, and works with the buyer to close the transaction. (2) Given you’re likely a beginner real estate agent if you’re reading this, chances are you know already that this type of agent niche is the optimal one for you. […]

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Broker of record

The person registered with his or her state licensing authority as the managing broker of a specific real estate sales office.

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Back-up offer

When an offer is accepted contingent on the fall through or voiding of an accepted first offer on a property.

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