Glossary

This is the Glossary description. This can be changed by editing the Taxonomy Vocabulary.

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Referring Brokersearch for term

A real estate broker who does not have a listing on a property, but refers the auction company to a potential seller for an auction.
Usually earns a flat fee commission for referring product to an auction company.

Regroup search for term

A process used in real estate auctions where a bidder has the opportunity to combine several parcels of land previously selected
by other bidders, thereby creating one larger parcel out of several smaller parcels.