Brokerage


Definition of "Brokerage"

(1) Licensed broker employed to represent and match both buyers and sellers. Usually employs several real estate agents in an office. (2) Commission or fee charged to sell real estate or perform related real estate services.



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Market Value Adjustment (mva)

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Risk Financing

Utilization of source (s) of funds to pay for losses. Source (s) of funds can be classified as: inte ...

Deductible, Buy-back

Same as term Buy-Back Deductible: deductible eliminated through the payment of an additional premium ...

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What is a mortgage banker? What do I need to know about Whole Life Insurance? What is a down payment? What is an assessed value? What is underwriting?