Description

Papering the Deal™ – Understanding Brokerage Agreements and Engagement Letters

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Get Papering the Deal™ – Understanding Brokerage Agreements and Engagement Letters at bookoftrader.com

Description

If you want to get paid on the deal you must have a thorough understanding of fee agreements and engagement letters. The components included in these documents outline the parties involved, expectations, broker fees and terms. Our Papering the Deal Series was created to make sure our Intermediaries understand the most common documents used in commercial real estate fundraising.

The 7-page eBook, Understanding Brokerage Agreements & Engagement Letters covers these documents in extensive detail. Intermediaries will walk-away from this tutorial understanding how to read these documents to verify nothing is left out.

Trading Course

So what is trading?

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money.
Economists refer to a system or network that allows trade as a market.

An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.
Barter involves trading things without the use of money. When either bartering party started to involve precious metals,
these gained symbolic as well as practical importance.[citation needed] Modern traders generally negotiate through a medium of exchange,
such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later of credit,
paper money and non-physical money) greatly simplified and promoted trade.
Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.