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Rather, the group requires vendor agents to record a commission, which is usually the usual fee. Home sellers and patrons get their very own brokers, who’re supposed to assist them navigate the market. Most brokers are members of the National Association of Realtors , paying dues to be part of the group of 1.5 million brokers. RE/MAX says robust equity gains, lower total values, and downward-trending rates of interest are supporting demand for luxury houses. Find out the most recent mortgage rates and offers from HSBC, NatWest, Santander, Barclays and extra. Shares in Chinese property giant Country Garden plunged on Monday after it missed bond payments and warned of multibillion-dollar losses, deepening issues over the nation’s heavily indebted real estate sector.

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