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NJRELS
Sep 4, 20224 min read
What is an Easement?
An easement is one of the many types of encumbrances that can be found on real estate properties. Like all other encumbrances, easements...
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NJRELS
Sep 4, 20224 min read
What are Encroachments on Real Estate?
Encroachments are one of the biggest encumbrances in real estate that affect homeowners. Just like other restrictions that may be on...
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NJRELS
Sep 4, 20224 min read
New Real Estate Agent Survival Guide
New Real Estate Agent Survival Guide Becoming a new real estate agent is daunting. There’s no way to predict challenges, such as having...
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NJRELS
Sep 4, 20222 min read
Real Estate Agent Kickbacks: What are They?
Can Real Estate Agents Give or Receive Kickbacks? Real estate agent kickbacks are an under the table exchange of cash or goods to...
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NJRELS
Sep 4, 20224 min read
What Is a Real Estate Short Sale?
What is a short sale? In simple terms, a short sale is when the borrower or homeowner sells a property for less than what they owe on it....
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NJRELS
Sep 4, 20223 min read
What is Steering in Real Estate?
Steering in real estate is one of the ethical topics that pop up during a real estate agent’s career. Whether it’s understanding the...
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NJRELS
Sep 4, 20224 min read
Appraisals vs Inspections of a Home: What’s the Difference?
When a home seller secures a buyer, the home will need two different inspections. On the surface, appraisals vs inspections of a home...
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NJRELS
Sep 4, 20225 min read
What is a Real Estate License?
According to the National Association of Realtors®, 5.64 million existing homes were sold in 2020. And, US Census Bureau data shows that...
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NJRELS
Sep 4, 20224 min read
Joint Tenancy vs Tenancy in Common: What’s the Difference?
If you are currently taking a real estate licensing course and are preparing for your real esate exam , be aware that you will need to...
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NJRELS
Sep 4, 20224 min read
6 Acronyms that Will Help You Pass the Real Estate Exam
If you are currently taking or planning to take your real estate licensing course, you probably already know that you will need a firm...
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NJRELS
Sep 4, 20224 min read
Mortgage Markets Explained: Primary vs. Secondary
According to Statista, the United States is home to a massive mortgage market, valued at $11.9 trillion in 2021. This financial sector is...
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NJRELS
Sep 4, 20224 min read
10 Appraisal Vocabulary on the Real Estate Exam
As you prepare to take the real estate exam, you'll want to be studying a variety of topics and terms to ensure you’re ready when the...
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NJRELS
Sep 4, 20224 min read
10 Real Estate Finance Vocabulary Words You Will See on the Exam
If you've been preparing to take your real estate exam, you should know that part of the test will include vocabulary and terminology...
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