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5 Cards in this Set

  • Front
  • Back
Brokerage
The business of bringing people together in a real estate transaction.
Broker
A person or company licensed to buy, sell, exchange, or lease real property for others and to charge a fee for these services.
Sales Person
Employed by or associated with the broker to preform brokerage activities on behalf of or for the broker.
Appraisal
The process of developing an opinion or appraisal of a property's market value, based on established methods and the appraiser's professional judgment.
Appraisers
Must be not only licensed or certified for many federally related transactions but also licensed or certified in many states to be involved in transactions that are not federally related.