| A | B |
|---|
| Choice Agent | An Agent who is requested by the Employee to list their home. |
| Equity | The interest or value an owner has in real estate over and above the existing liens against it. |
| Management Fee | An amount charged to the Client to manage the sale of a transferee’s home |
| Commission | Payment of money to a broker for services rendered in performance of a agreement |
| Market Analysis | Method used by a broker in comparing a house to comparable homes & recommend listing price |
| Resale | The marketing, selling, and closing of an inventory property. |
| Broker | A licensed individual/agent who negotiates in sales or purchases in return for a fee or commission. |
| Buyer | A person submiting a contract of sale & ultimately closing at an agreed-to price. |
| Market Value | A sales price established by the relocation appraisal process |
| Direct Cost | Fees & charges associated with the closing |
| Shopworn | A term referring to a home that has been on the market too long. |
