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10 Cards in this Set
- Front
- Back
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Brokerage |
The business of bringing people together in a real estate transaction |
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Broker |
A person or company licensed to buy, sell, exchange, or lease real property for others and to charge a fee for these services |
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salesperson/sales associate/associate licensee |
employed by or associated with the broker to perform brokerage activities on behalf of or for the broker |
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real estate licensee |
a person who has satisfied the requirements of a licensing agency, as authorized by state legislation |
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Appraisal |
the process of developing an opinion of a property value, based on established methods and the appraiser's professional judgement |
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Property Manager |
a person or company hired to maintain and manage property on behalf of the property owner |
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Financing |
the business of providing the funds that make real estate transactions possible |
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Subdivision |
the dividing of a single property into smaller parcels |
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Development |
involves the construction of improvements that benefit the land, either on-site or off-site |
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Home Inspections |
profession that combines a practitioner's interest in real estate with skills and training in the construction trades |
