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NJRELS
Sep 4, 20222 min read
Real Estate Agent Kickbacks: What are They?
Can Real Estate Agents Give or Receive Kickbacks? Real estate agent kickbacks are an under the table exchange of cash or goods to...
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NJRELS
Sep 4, 20224 min read
What Is a Real Estate Short Sale?
What is a short sale? In simple terms, a short sale is when the borrower or homeowner sells a property for less than what they owe on it....
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NJRELS
Sep 4, 20223 min read
What is Steering in Real Estate?
Steering in real estate is one of the ethical topics that pop up during a real estate agent’s career. Whether it’s understanding the...
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NJRELS
Sep 4, 20224 min read
What are Clouds on Title in Real Estate?
If we think of a smooth, uneventful real estate transaction as a sunny day, then anything that hinders the effortless transfer of title,...
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NJRELS
Sep 4, 20224 min read
Appraisals vs Inspections of a Home: What’s the Difference?
When a home seller secures a buyer, the home will need two different inspections. On the surface, appraisals vs inspections of a home...
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NJRELS
Sep 4, 20224 min read
What Is Fee Simple Ownership in Real Estate?
There are lots of ways you can hold property ownership. Some ownership types impose conditions or restrictions that don’t allow the...
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NJRELS
Sep 4, 20224 min read
What Are the Fiduciary Duties of a Real Estate Agent?
You have to build strong relationships with your clients to have a long, lucrative career in real estate. The top producing agents earned...
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NJRELS
Sep 4, 20223 min read
Pre-Approval vs. Pre-Qualified: What’s the Difference?
How do people afford houses? They cost so much money! The way most people pay for the cost of a house is with a home loan from a bank....
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NJRELS
Sep 4, 20224 min read
Void vs. Voidable Contracts Confusing? Here's the Difference
The terms “void” and “voidable” are sometimes confused and used interchangeably. But when it comes to contracts, there are major...
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NJRELS
Sep 4, 20225 min read
5 Jobs that Require a Real Estate License
A real estate license is a great way to open more career opportunities for yourself. That's because a license helps you become eligible...
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NJRELS
Sep 4, 20225 min read
What is a Real Estate License?
According to the National Association of Realtors®, 5.64 million existing homes were sold in 2020. And, US Census Bureau data shows that...
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NJRELS
Sep 4, 20224 min read
Joint Tenancy vs Tenancy in Common: What’s the Difference?
If you are currently taking a real estate licensing course and are preparing for your real esate exam , be aware that you will need to...
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NJRELS
Sep 4, 20224 min read
6 Acronyms that Will Help You Pass the Real Estate Exam
If you are currently taking or planning to take your real estate licensing course, you probably already know that you will need a firm...
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NJRELS
Sep 4, 20224 min read
Mortgage Markets Explained: Primary vs. Secondary
According to Statista, the United States is home to a massive mortgage market, valued at $11.9 trillion in 2021. This financial sector is...
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NJRELS
Sep 4, 20224 min read
10 Appraisal Vocabulary on the Real Estate Exam
As you prepare to take the real estate exam, you'll want to be studying a variety of topics and terms to ensure you’re ready when the...
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NJRELS
Sep 4, 20224 min read
10 Real Estate Finance Vocabulary Words You Will See on the Exam
If you've been preparing to take your real estate exam, you should know that part of the test will include vocabulary and terminology...
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NJRELS
Sep 4, 20224 min read
What is Amortization?
As you acquire a mortgage or other types of loan, you might receive an amortization schedule that outlines your loan repayments. Many...
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NJRELS
Sep 4, 20223 min read
New Real Estate Agents: I Wish I Knew This
If you’re reading this, chances are, you’ve wondered how to become a successful real estate agent. Becoming a successful real estate...
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NJRELS
Sep 4, 20225 min read
10 Brutal Mistakes New Real Estate Agents Should Avoid
Nobody wants to make mistakes. But, sometimes they are unavoidable during the start of your career. If you’ve dreamt about creating a...
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NJRELS
Sep 4, 20224 min read
Want a Side Hustle that Makes You Money? Get a Real Estate License
Whether you are on the hunt for a part-time gig, looking for a side hustle that can supplement your full-time income, or just toying with...
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