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ALI ABA's Resource Materials Modern Real Estate Transactions Form

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ALI ABA's Resource Materials Modern Real Estate Transactions Form

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owning a home has an almost mythical quality as part of the American Dream the process of negotiating agreeing and executing the transfer of real estate though can be long complex and fraught with risk for both sides this program will take you through the process of real estate transactions from the contract negotiation through the closing we will focus on the practical aspects of each step along the way the first stage of course is for the buyer and seller to reach an agreement on price and related terms real estate sales are often facilitated by real estate brokers who market houses and show them to buyers in exchange for a fee that is usually a percentage of the sale price usually about five or six percent of the sale price the broker must be licensed by the state in some states attorneys are automatically eligible to broker real estate in gaining and maintaining that status requires certain training and continuing education elements the term real estate agent is either used interch

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