A non-exclusive agreement allowing multiple agents to market a property, with commission paid only to the one who sells it.

A real estate agent representing the buyer’s interests in a property transaction.

A real estate agent representing the seller in a property transaction.

When one agent or brokerage represents both the buyer and seller in the same transaction.

A professional who manages the administrative aspects of a property sale to ensure a smooth closing.

A database used by agents to share and search property listings cooperatively.

A tax on the profit made from selling property or other assets, often calculated on the difference between sale and purchase price.

A contract allowing tenants to rent a property with the option to purchase it later, often with rent credits.

A contractual right giving a buyer the choice to buy a property at a specified price within a set time.

The transfer of rights or interests in a property or contract from one party to another.