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Day 13: Field Work and Assignments


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Business Brokerage Glossary

Commitment

A promise to perform; in real estate, an agreement to loan a specified amount to a purchaser or seller in the event of title transfer or refinance arrangements.

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Tip of the Day

Exclusive Listing

Although there are a number of different types of listing agreements, the Exclusive Listing Agreement is by far the best and provides the most protection for a business broker.
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