Relocation Network
Definition of "Relocation network"
Nationwide group of independent real estate brokers who cooperate together and share information regarding clients who are seeking to relocate from one area of the country to another. The broker involved in the relocation networking will contact a cooperating broker in the area to which the client is seeking to relocate to assist in locating a new home. If the client purchases real estate thought the cooperating broker in the relocation network, the referring broker earns a percentage of the commission on the purchase.
Popular Real Estate Terms
See effective tax rate. ...
Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...
Commercial building having several different uses blending together. For example, retail shops are on the first floor, professional offices are on floors two through ten, and a restaurant ...
Negative characteristics about real property which do not meet the needs of the usual occupant. Examples are inadequate lighting in the rooms and a one-car garage when a two-car garage is ...
The bonus depreciation definition refers to a tax incentive that allows a business to accelerate the depreciation deduction in the year when the asset is purchased and placed into use. The ...
Exposure can have various meanings in real estate and insurance, depending on the context. Let’s have a thorough look at these scenarios! Exposure as property’s ...
An insurance contract or home warranty, usually for one year, covering electrical, plumbing, heating, etc. ...
Choosing alternative real estate investment instruments having different risk-return features. Diversification can be done by regions and types of real estate. Diversification provides a ...
Person receiving la legacy from a will. Normally a legatee will receive personal property possibly including real property. ...
Have a question or comment?
We're here to help.