ABC Home Selling Made Easy is a flat fee home selling content publishing system providing the latest in industry news and market analysis for the discount real estate consumer.
One of the things affecting a seller's ability to select individual real estate brokerage services from a fee-for-service broker, such as flat fee MLS, is the imposition of "minimum service laws". These laws require that real estate professionals who enter into exclusive agency agreements with their customers provide state-mandated minimum services, which include duties associated with negotiating a real property sales contract, among other things.
The practice of real estate is governed by state law. Each state has its own rules and regulations enforced by that states real estate commission. Verify your broker’s license by clicking on a state in which your broker offers real estate services. See also: The Association of Real Estate License Law Officials.
Flat fee MLS is a term used to describe a practice in the real estate industry in which realtors place pertinent information about a property for sale into the database of the local Multiple Listing Service (MLS) for a set fee or dollar amount as opposed to a commission based on the contract selling price of the property.
RESPA is about closing costs and settlement procedures. RESPA requires that consumers receive disclosures at various times in the transaction and outlaws kickbacks that increase the cost of settlement services.
"A" Loan or "A" Paper: a credit rating where the FICO score is 660 or above. There have been no late mortgage payments within a 12-month period. This is the best credit rating to have when entering into a new loan.
ARM: Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at intervals determined by the lender; the change in monthly payment amount, however, is usually subject to a cap.
One of the things affecting a seller's ability to select individual real estate brokerage services from a fee-for-service broker, such as 
