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2 days ago · The GRM formula is: GRM = Purchase Price or Value / Gross Rental Income. For example, if a property is purchased for $200,000 and the annual rent income is $24,000, the GRM would be: GRM = 200,000 / 24,000 = 8.3. This number can then be compared to similar properties in the area to see if the purchase price is fair.
May 20, 2024 · REALTOR®. A Realtor is a real estate agent who is a member of the National Association of Realtors. Realtors have a specific association, code of ethics, and rules they must adhere to. Although the terms Realtor and real estate agent are commonly used interchangeably, they are actually two different titles.
May 14, 2024 · Highlight amenities such as nearby parks, schools, healthcare facilities, and shopping and dining centers. Some words you can mention in your listing are as follows: convenient. eclectic neighborhood. quick commute to. quaint. prime location. centrally located. perched above.
May 15, 2024 · Here’s the lowdown: A real estate agent is someone who’s gone through the hoops of getting licensed to sell property. This involves diving into 100+ hours of coursework and taking a state exam ...
5 days ago · detailed. storybook. desirable. prime. (Source: Trulia) In this example, the listing agent uses many general real estate words to enhance the description of the property listing, like “highly sought after,” “upgrades,” “move right in,” and “convenient.”. The agent mentions how there are a lot of “new” features in the home.
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May 23, 2024 · You cannot run a restaurant without a refrigeration system or bathroom. When John sells the restaurant, both are to remain, as selling the business does not mean closing the business. If the intention is for the property to remain with the land or building, then the property is a fixture. Chattels. A chattel is a form of personal property.
May 22, 2024 · Cambridge Dictionary - English dictionary, English-Spanish translation and British & American English audio pronunciation from Cambridge University Press
