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  2. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Acts as a fiduciary for the seller, which may include preparing a standard real estate purchase contract. Holds an earnest payment cheque in escrow from the buyer(s) until the closing if necessary. In many states, the closing is the meeting between the buyer and seller where the property is transferred and the title is conveyed by a deed. In ...

  3. Real estate economics - Wikipedia

    en.wikipedia.org/wiki/Real_estate_economics

    Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...

  4. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    Chief Justice John Marshall delivered the majority opinion and affirmed that the right to contract exists between owners of private property rather than between a government and its citizens. The case was the first case in US history that asked fundamental questions about corporate entities and the protections they enjoy; it also was a ...

  5. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/National_Association_of...

    The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.4 million members, making it one of the biggest trade associations in the USA including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.

  6. Sam Zell - Wikipedia

    en.wikipedia.org/wiki/Sam_Zell

    When he was twelve, the family moved to Highland Park, Illinois, where he graduated from Highland Park High School. In 1963, Zell graduated with a bachelor's degree from the University of Michigan, where he was also a member of the Alpha Epsilon Pi fraternity. Career. While in school, Zell entered the real estate business.

  7. Property insurance - Wikipedia

    en.wikipedia.org/wiki/Property_insurance

    Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan for London in 1667".

  8. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Origination is regulated by laws including the Truth in Lending Act and Real Estate Settlement Procedures Act (1974). Credit scores are often used, and these must comply with the Fair Credit Reporting Act. Additionally, various state laws may apply. Underwriters receive the application and determine whether the loan can be accepted.

  9. Chicago - Wikipedia

    en.wikipedia.org/wiki/Chicago

    Chicago (/ ʃ ɪ ˈ k ɑː ɡ oʊ / shih-KAH-goh, locally also / ʃ ɪ ˈ k ɔː ɡ oʊ / shih-KAW-goh) is the most populous city in the U.S. state of Illinois, and the third-most populous in the United States, following New York City and Los Angeles.