Listings and Brokerage
Learn about the broker’s role, contracts between brokers and sellers, and the listing process.
Welcome to Real Estate Transactions, where we’ll learn about the many legal aspects of buying and selling property.
A typical transaction has several phases. First, the seller puts the property up for sale. Second, the buyer and seller execute a sales contract. Finally, the parties hold the closing, at which the buyer pays and the seller transfers title. There are many steps within each phase, but this broad outline may be helpful.
Sellers routinely hire brokers to assist them, so let’s...