As real estate professionals, we tend to be familiar with a single market area. A licensed real estate agent may be more comfortable helping buyers and sellers directly within a transaction, while a loan officer may understand the ins and outs of home loans. Title and escrow agents likely know specifics about the closing itself, from recorded documents and title insurance to taxes and escrow accounting. However, it’s common for certain real estate professionals to only work within residential or commercial worlds. The two transaction types can differ in big ways, so let’s explore some of what makes them unique.
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Don’t cling to a mistake just because you spent a lot of time making it.