Land Sales
Land Sales require very specialized knowledge. Most of key land characteristics are not visible, such as ability to receive utilities, need for detention or fill, deed restrictions, architectural guidelines, cross access/parking covenants, environmental aspects, and many more details landowners often fail to think about. We help our clients to sort these out and determine the land value given its “invisible” characteristics. This specialized knowledge allows us to present your land to potential buyers competently, or help you find land to buy that meets your development objectives and capabilities.
FAQs
1. Who pays the real estate commission?
The short answer is—whoever makes money from the transaction. In most states, it is customary for sellers to pay commission, unless agree otherwise. In commercial transactions, sales commissions are usually paid at closing.
2. What are the key terms of a commercial sales contract?
Please see SALES 101 (BÁN HÀNG 101)
3. What is the difference between a real estate broker, agent and a realtor?
These terms are often used interchangeably when it comes to the services that each provide. However, there is a difference. A broker is a licensed real estate person who has been actively working in real estate for at least five years, meets certain transaction volume criteria, and completed broker education. One must be a broker to own a real estate firm. An agent is any person who has a valid real estate license and works under the supervision of a broker. Realtors are agents and brokers enrolled as members of the National Association of Realtors (NAR).
4. Who pays the real estate commission?
The short answer is—whoever makes money from the transaction. In most states, it is customary for sellers to pay commission, unless agree otherwise. In commercial transactions, sales commissions are usually paid at closing.
5. What are the key terms of a commercial sales contract?
Please see SALES 101 (BÁN HÀNG 101)
6. What is the difference between a real estate broker, agent and a realtor?
These terms are often used interchangeably when it comes to the services that each provide. However, there is a difference. A broker is a licensed real estate person who has been actively working in real estate for at least five years, meets certain transaction volume criteria, and completed broker education. One must be a broker to own a real estate firm. An agent is any person who has a valid real estate license and works under the supervision of a broker. Realtors are agents and brokers enrolled as members of the National Association of Realtors (NAR).