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
A rule that the price of a house should not exceed about 2 to 2.5 times your family's gross annual earnings. Example : If annual gross income is $70,000, the highest price one could afford ...
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Court order whereby the bankrupt debtor is forgiven of this or her debts. Even though the debtor is no longer obligated for discharged debts, the bankruptcy remains in his credit report ...
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Agreement in which the promises of the parties are revealed in words, either orally or in writing. ...
List of dwelling units, such as homes. ...
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Method of constructing a brick, block, or stone wall using mortar in various overlapping patterns. The brick pattern is extremely important in terms of adding strength and stability to the ...
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