... 51
Real Estate Brokerage 52
Agency Relationship 52
Services Provided by a RealEstate Broker 53
Real Estate Brokers and the Internet 54
Introduction to the Preparation and Review of a
Real Estate ... until
the period of ownership terminates. Next to the fee simple estate, the estate for years is the
most common form of ownership. An estate for years may be a lease, but not all leases are
estates for ... ASSISTANT IN REALESTATE LEGAL PRACTICE
Legal assistants participate in all aspects of a realestate practice. The skills used by legal assis-
tants in a realestate practice include preparation of legal...
... political of ce he often
sought, proved himself a master of information abuse. As Grand Wiz-
ard of the Knights of the Ku Klux Klan, he was able to compile a mail-
ing list of thousands of rank-and-file ... and Real- Estate Agents
you fear setting it too high. It is the job of your real- estate agent, of
course, to find the golden mean. She is the one with all the informa-
tion: the inventory of similar ... of a real- estate agent’s informa-
tion abuse. The tale involves K., a close friend of one of this book’s au-
thors. K. wanted to buy a house that was listed at $469,000. He was
prepared to offer...
... assessor’s
web page. This source is full of data you will need in order to be on the top of your real
estate investment game.
How to Build an Effective CommercialRealEstate Comfort Zone
67
Your Comfort ... the supply of that product. Be wary of well-intending government of cials.
Local Zoning
General Comments: As I stress use over any other single determinant of the ultimate
value ofreal estate, ... back of your hand.
Listing Service
Your local board of realtors and other realestate groups have sources of their listed
properties that you can freely access anytime you want. Check with any realtor...
... versed in commercial leases of the
same category ofrealestate as that being inspected. If all the leases follow a standard
format, you may want to have a realestate lawyer review one of the leases ... that commercialrealestate presents far more problems
when it comes to due diligence than does residential real estate. First of all, the laws of
most states are very strict as to disclosure of ... residential real estate
but much less strict in the area ofcommercial or investment real estate. Also, because you
are apt to be dealing with leases and other contracts that are going to be a part of...
... at a local of ce of one of the big Wall Street brokerage houses. If you don’t
know which firms are big Wall Street firms, then pick up a copy of the Wall Street Jour-
COMMERCIAL REALESTATE INVESTING
128
sales; ... side ofcommercial loans, lenders love to advance money on commer-
cial realestate more than on residential lending. The reason is that commercialreal es-
tate produces revenue that will pay off ... understand values of all the realestate in your
area, not just the kind you want to own. There are two very important reasons for this.
1. A rise or drop in the value of one category ofrealestate may...
... Toastmasters club, chairman of the commercial
division at the board of realtors, a member of the board of directors of a local col-
lege, and a member of the board of directors of the South Florida ... each is obtained, you
get closer to becoming highly successful in commercialreal estate, and in life in general.
COMMERCIAL REALESTATE INVESTING
170
a nonconforming use and allowed because they ... with the new order of things lost the rights they had
to their property.
Opening your eyes to the bigger picture is critical in commercialrealestate investing.
Your realestate investment will...
... execute.
Soft Letterof Intent
I have discussed the use of letters ofintent in earlier chapters. This section will deal
with what I call the “soft” letterof intent. First of all, letters ofintent ... with a simple letterof intent, if you like. This is a technique that is used for real
estate transactions of any size, and often some of the biggest deals begin this way. A
letter ofintent focuses ... Tactics
1. Soft letterof intent
2. Option contracts
3. Split funding
4. Floating seller-held mortgages
5. Partial releases
6. Realestate exchanges
These six negotiating tactics are just part of your...
... (Page 32 – 33)
COMMERCIAL LETTERS OF
CREDIT
THƯ TÍN DỤNG THƯƠNG MẠI
The sight or time draft transactions usually
involve commercial or documentary letter of
credit. The letterof credit (L/C) ... presents its sight or time draft
along with proof -of- shipment documents to
its (paying) bank. The exporter’s bank then
pays the seller, debits the a/c of the importer’s
bank, and sends the shipping ... customer’s
credit Is suspect for any reason.
The issuing bank sends the L/C covering
the amount of the sale to the exporter’s bank
(called the paying bank) in the exporter’s
country. The paying...
... field” by requiring
provision of previously unknown fair values of these core assets for a subset of firms. This leads
to the following hypothesis:
H
3A
: European realestate firms not previously ... These
insights are likely also of interest to US standard setters and managers of the almost 250 publicly
traded US realestate firms (with a market capitalization of over $300 billion at December ... Datastream;
LogFF
PRE
the log of firm i’s percentage of free float shares, measured at the end of the pre-IFRS
period; obtained from Datastream;
LogANALYST
PRE
the log of firm i’s analyst following...
... disposition of other realestate is addressed in ASC 360-20-40, Property, Plant and
Equipment -Real Estate Sales-Derecognition (formerly within FAS 66, “Accounting for
Sales ofRealEstate ), ... Management of Outsourced Technology Services,”
November 28, 2000.
SR letter 95-16, RealEstate Appraisal Requirements for Other RealEstate Owned
(OREO),” March 28, 1995.
CA letter 09-5, ... Statement on
Rental of Residential Other RealEstate Owned Properties
April 5, 2012
In light of the large volume of distressed residential properties and the indications of
higher demand for...
... deter-
mining network size.
1
Real estate agents are licensed by the state. A realtor is a realestate agent who is a member of the Realtor
Association.
2
The National Association of Realtors Web site ... Performance in RealEstate Brokerage.”
Journal ofRealEstate Finance and Economics, 22(1): 5–21.
Nadel, Mark. 2007. “A Critical Assessment of the Standard Traditional Residential RealEstate Broker ... properties listed by local
realtors. Typically, realtors charge a commission of around 6 percent.
The advent of the Internet has affected many markets. The realestate market is one of them.
Direct marketing...
... of the web site in
1
Real estate agents are licensed by their state. A realtor is a realestate agent who is a member of his or
her local realtors association.
2
The National Association of Realtors ... RealEstate Industry” Journal of Political Economy
111(5), 2003
[6] Levitt, Steven and Chad Syverson. “Market Distortions When Agents are Better In-
formed: The Value of Information in RealEstate ... that the set of buyers aware of F is a subset of those
aware of M. For example, out of town buyers are less likely to be familiar with fsbomadison.
8
[10] Taylor, Curtis. “The Long Side of the Market...
... transfer to the realestate industry.
Because the realestate industry is a system that involves management, laws, rules and
regulations, and licensed realestate professionals, many of the practices ... principal.
Creation of Agency
The law of agency defines the rights and duties of the principal and the agent. In
real estate transactions, contract law and realestate licensing laws, in addition to the laws
of ... help
reduce liability for the realestate brokerage firms, and improve the community image of
the realestate profession as a whole. The findings of the study could lead to greater
professionalism and improve...