Israel Real Estate Glossary

Property sellers can be liable for the misrepresentations of their real estate agents if they are sued by buyers, according to a recent state court selection. Years later, I read an expose of real estate training and dirty tricks written by Neil Jenman, who has founded a group of real estate agents committed to ethical selling practices. In that case, becoming a transaction broker doesn’t relieve you of responsibility to disclose material facts so I doubt the agency relationship would make a distinction to a court. Its nice to have a far better understanding of the real estate jargon, like what funds held in escrow implies. I understand this post is over three years old, but as a real estate agent in the United States for practically eight years, I’d like to address some of these issues.

Even so, for an outgoing, smooth talking individual with networking and negotiating expertise, … Read More