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The Georgia Real Estate Commission & Appraisers Board ensures that real estate licensees and appraisers are professionally qualified and promotes a fair and honest market environment for those involved in real estate transactions throughout the state.
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13 Σεπ 2024 · When buying or selling a home in Georgia, it’s essential to understand real estate commissions for better budgeting and negotiation. In 2024, new rules across the U.S. have reshaped how commissions are communicated, offering buyers and sellers greater transparency.
19 Μαρ 2024 · The key potential change centers on who foots the bill for real estate agents who represent homebuyers. Currently, an agent or broker representing a home seller typically splits a commission — often around 5% to 6% of the home’s sale price — with the agent working on behalf of the homebuyer.
27 Σεπ 2024 · Whether you’re purchasing your first home or you’re a seasoned seller, this guide will provide the key information you need about real estate commissions in Pennsylvania and how they may affect your home sale or purchase.
Currently, the Pennsylvania Real Estate Commission (PREC) has mutual agreements with six states. They are: Arkansas. Georgia. Louisiana. Maryland. Massachusetts. New York. These states all have standards and requirements like Pennsylvania.
In 2004, legislation authorized the Pennsylvania State Real Estate Commission to enter into reciprocal licensing agreements with other states. Real estate licensees in these states can obtain a reciprocal license without additional education or testing requirements.
In 1990, the State of Georgia created the Georgia Real Estate Appraisers Board (GREAB). The Commission performs similar services for appraisers as it does for the real estate licensees.
