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How Are You Going To Get Your Money Out Of The Business ???

And how much money are you going to get? Liquidation One often-overlooked exit strategy is simply to call it quits, close the business doors, and call it a day. (not a great one). If you liquidate, however, any proceeds from the assets must be used to repay creditors. The remainder ...

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Staging a Kitchen that Wows Buyers

If you haven’t heard of “staging”, it’s a fairly straightforward concept. It simply involves cleaning, organizing and preparing your home in such a way as to make it look its best to potential buyers. One of the most difficult rooms to stage is the kitchen, because it’s one of the ...

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When it Comes to Offers, it’s Not Always about Price

When considering which of two or more competing offers to accept for your property, there is no doubt price will play a huge role. After all, if Offer #1 is $10,000 higher than Offer #2, that’s an enticing difference that puts thousands of extra dollars in your pocket. However, price ...

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Brokerage Commissions and Fees

Originally published by RECO February 13, 2014 When charging for services in relation to a trade in real estate, a brokerage can use an agreed fixed amount, a percentage of the sale price, or a combination of the two. Before working with clients or customers, it is important that REALTORS® clearly communicate the ...

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Does Your Home Insurance Cover Everything?

When you suffer damage to your property or its contents, you expect your insurance company to help you out. And, most do a good job of doing just that. Still, it’s a good idea to review your policy with your insurance advisor and find out what’s covered and what isn’t. ...

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Commission Rebates To Clients and Customers

Originally published by RECO December 1, 2015 Under the Real Estate and Business Brokers Act, 2002 (REBBA 2002), REALTORS® cannot provide any form of compensation to an unregistered third-party for activities that would be considered to be in furtherance of a trade. This restriction is explained in the Registrar’s Bulletin ...

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