Real Estate Glossary | What is Money Market Account??

Q: What is Money Market Account?

A money market account is a type of savings account that typically offers a higher interest rate than a traditional savings account. This type of account is FDIC-insured and offers check-writing ability and access to your funds through a debit card or check. They often have higher minimum balance requirements and limited transactions per month. The account is intended for short-term savings and cash management.

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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