For Sale/Sold Necklace, Real Estate Agent Broker Sign Realtor Gift Charm Pendant
Specifications
| Return Shipping Will Be Paid By | Buyer |
| All Returns Accepted | Returns Accepted |
| Item Must Be Returned Within | 30 Days |
| Brand | Ann Claridge |
| Style | Vintage |
| Type | Necklace |
| Theme | Real Estate |
| Secondary Stone | not applicable |
| Main Stone | not applicable |
| Metal | Mixed Metals |
| Main Stone Color | not applicable |
| Color | Silver |
| Material | Metal |
| Main Stone Shape | n/a |
| Main Stone Creation | n/a |
| Metal Purity | n/a |
| Country Of Origin | United States |
| Setting Style | n/a |
| Item Length | Pick 16"-50" (40-127cm) |
| Main Stone Treatment | n/a |
| Cut Grade | n/a |
| Chain Style | Snake chain |
| Gender | Any |
| Finish | Antique |
INCLUDESCharm and necklace chain in a black velvet jewelry bag. You can also choose just the charm alone, to use on your own cord or chain. SIZEThe necklace chain is offered in your choice of length from 16" to 36" (40cm to 91cm) MATERIALSThe charm is an antiqued silver zinc alloy casting. The necklace chain is hypo-allergenic Stainless steel. ABOUT A real estate broker or real estate salesperson (often called a real estate agent) is a person who acts as an intermediary between sellers and buyers of real estate/real property. Their mission is to complete documentation for a real estate transaction between the buyer and seller. In the United States, the relationship was originally established by reference to the English common law of agency, with the broker having a fiduciary relationship with his or her clients. A real estate broker typically receives a commission for successfully completing documentation for a seller's real estate with a buyer such that a sale can be made. This commission can be divided up with other participating real estate brokers or agents. In the United Kingdom, an estate agent is a person or business entity whose business is to market real estate on behalf of clients. There are significant differences between the actions, powers, obligations, and liabilities of brokers and estate agents in each country, as different countries take markedly different approaches to the marketing and selling of real property. In the United State and most states however, real estate brokers and their salespersons who assist owners with legal documentation as well as marketing, and/or leasing properties are commonly called "listing brokers" and "listing agents. Real estate agents are trained with knowledge on legal documentation typically required to transfer “real property." Listing brokers and agents seek to market and provide legal documentation to transfer the sale of real property and/or provide legal documentation for the lease of property for the highest available price under the best available terms. Other brokers and agents may focus on representing buyers or tenants in a real estate transaction. However, licensing as a broker or salesperson authorizes the licensee to legally represent parties on either side of a transaction and providing the necessary documentation for the legal transfer of real property. This business decision is for the licensee to decide. They are fines for people acting as real estate agents when not licensed by the state. In the United States, real estate brokers and salespersons are licensed by each state, not by the federal government. Each state has a real estate “commission” who monitors and licenses real estate brokers and agents. For example some states only allow for lawyers to create documentation to transfer real property. Where other states allow the licensed real estate agent. There are state laws defining the types of relationships that can exist between clients and real estate licensees, and the lawful duties of real estate licensees to represent clients and members of the public. Rules vary substantially as defined by the law from state to state, for example, on subjects that include what legal language is necessary to transfer real property, agency relationships, inspections, disclosures, continuing education, and other subjects. Before the Multiple Listing Service (MLS) was introduced in 1967, when brokers (and their licensees) only represented sellers by providing a service to provide legal documentation on the transfer real property, the term "real estate salesperson" may have been more appropriate than it is today, given the various ways that brokers and licensees now help buyers through the legal process of transferring real property. Legally, however, the term "salesperson" is still used in many states to describe a real estate licensee. Several notable groups exist to promote the real estate industry and to assist members who are in it. The National Association of Realtors (NAR) is the largest real estate organization and one of the largest trade groups anywhere. Their membership exceeds one million. NAR also has state chapters as well as thousands of local chapters. Upon joining a local chapter, a new member is automatically enrolled into the state and national organizations. When the principals of a firm join, all licensed agents in that firm must also belong. A Realtor is a real estate broker or salesperson who is also a member of the National Association of Realtors, which is an industry trade association. The word "Realtor" is a registered trademark, protected under US and international law. The Realtor Political Action Committee (RPAC) is a separate entity, and also the lobbying arm of NAR. In 2005, they were considered the largest PAC in the United States. According to realtor.org, RPAC is the largest contributor of direct contributions to federal candidates. The National Association of Exclusive Buyer Agents is a group of agents and brokers who work in firms that represent buyers only. They assist in locating exclusive buyer agents for home buyers through the Web site www.naeba.org. The National Association of Real Estate Brokers (NAREB) was founded in 1947 as an alternative for African Americans who were excluded from the dominant NAR. Both groups allow members to join without regard to race. However, NAREB has historically been an African American-centric group with a focus on developing housing resources for intercity populations. Compensation is conventionally based on a percentage of the sales price, split between the buying and selling brokers, and then between the agent(s) and his/her real estate agency. While a split based on the percentage received by the broker is generally normal, in some brokerages agents may pay a monthly "desk fee" for office costs, monthly fee, etc., and then retain 100% of the commission received. Economist Steven D. Levitt famously argued in his 2005 book Freakonomics that real estate brokers have an inherent conflict of interest with the sellers they represent because their commission motivates them to sell quickly more than it motivates them to sell at a higher price. Levitt supported his argument with a study finding brokers tend to put their own houses on the market for longer and receive higher prices for them compared to when working for their clients. He concluded that broker commissions will reduce in future. A 2008 study by other economists found that when comparing brokerage without listing services, brokerage actually significantly reduces the average sale price.