Real estate
Buying, selling and leasing land and buildings.
What it takes
- A house, a ranch, a lot or a commercial building, bought or sold
- A lease, from the owner's side or the tenant's
- What goes with the land: wells, water rights, barns, fences and easements
What it leaves
- Loans. A mortgage comes from a lender or a licensed loan broker.
- Title insurance and escrow. We work with the title and escrow companies the two sides choose.
How a job runs here
These steps make up the job's checklist. Its page shows each one as it is done.
- Who we act for is put in writing before any offer is made.
- The property is pinned down: address or parcel number, what is included, and the price asked or offered.
- The seller's disclosures go to the buyer.
- Offer, counter and acceptance end in one set of terms, signed by both sides.
- Escrow or closing is opened with the company the two sides choose.
- Inspection, loan and title conditions are met or waived, each in writing.
- Closing: money, deed and keys change hands, and the deed is recorded.
What backs it
0 of 1 license in place. The full list for every line is the credentials register.
| Credential | Issued by | Covers | Status | Number |
|---|---|---|---|---|
| Real estate broker license | The real estate regulator of each state | Acting for a buyer, seller, landlord or tenant for pay. Each state issues its own, and a job needs the one for the state the property is in. | Not yet held | None yet |
Rules this line follows
Each state licenses its own real estate brokers. In California the license comes from the Department of Real Estate, and acting as a broker without one is unlawful.
Anyone can look a California licensee up by name or license number.