1. A likeness of a person, especially one showing the face, that is created by a painter or photographer, for example. 2. A verbal representation or description, especially of a person. 3. A dramatic representation of a character: the actor's portrait of the famous general. 4.
The last major differences between retail and wholesale is the use of realtors. Realtors serve a very useful purpose in retail as they are experts in their field and help buyers who have no idea how real estate works, how to negotiate contracts or what is needed to protect themselves from bad deals on the market.
The listing REALTORÂ® gets half and the REALTORÂ® that brings us the buyer, the buying REALTORÂ®, gets half. Therefore, 3.5% for the first $100,000 and 1.5% for the balance that is over $100,000 goes to both the listing REALTORÂ® and the buyerâs REALTORÂ®. Normally, the seller pays the commission; the buyer pays no commission.