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1. theclose.com › real-estate-terms136 Real Estate Terms and Definitions You Need to Know

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   Nov 13, 2023 · A Realtor is a real estate agent who is a dues-paying member of the National Association of Realtors. NAR members are held to a high standard of professionalism and adhere to a strict code of ethics. Refinance. If a borrower takes out a new loan on the same property, it’s called a refinance.

2. www.inman.com › 2016/12/07 › say-what-19-real-estate22 Common Listing Phrases To Nix From Your Real Estate ...

   www.inman.com › 2016/12/07 › say-what-19-real-estate

   Dec 7, 2016 · 22 common listing phrases to nix from your marketing. A guide to understanding industry jargon. Armed with this cheat sheet, you will be able to help decipher what you might be in for before you ...

3. People also ask

   What does a real estate listing mean?

   • That’s why when you read a real estate listing, you may end up scratching your head over a whole bunch of puzzling terms. Allow us to clear things up, by explaining what these things really mean in plain old English. This means that a property is currently on the market and available for sale.

   The Secret Language of Real Estate Listings - realtor.com

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   What makes a real estate investment investor special?

   • Investor special: Really, really, really rough condition. Cash or a rehab loan is likely the only way to purchase. 6. Lives large: May appear small in size on paper, square-footage wise, but once you physically walk through the property, it feels much more spacious. 7. Location, location, location: One of the most overused phrases in real estate.

   Say What? 19 Real Estate Listing Terms -- Translated - Inman

   www.inman.com/2016/12/07/say-what-19-real-estate-listing-terms-translated/

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   What does it mean if a listing agreement expires?

   • “Withdrawn” means the listing agreement is still in effect, but marketing has ceased and the listing is not available for showings. “Expired” means that the listing agreement has expired, and “cancelled” means the seller and listing broker have terminated the listing agreement prior to the expiration date.

   Understanding Real Estate Lingo: What do Listing Terms Really Mean?

   www.lansingstatejournal.com/story/marketplace/real-estate/2020/10/22/understanding-real-estate-lingo-what-do-listing-terms-really-mean/3726424001/

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   What does “as-is” mean in a real estate listing?

   • 1. As-is If you see the words “as-is” in a real estate listing, proceed with some caution: This typically indicates that there are repairs or renovations that need to be done that the current owner is not going to address and is passing the burden off to the buyer.

   31 Real Estate Listing Terms Explained | SoFi

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4. www.lansingstatejournal.com › story › marketplaceUnderstanding Real Estate Lingo: What do Listing Terms Really ...

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   Oct 22, 2020 · It means the property has a listing contract, it’s live on the MLS, and it’s available for showings and primary offers of purchase. “Active back-up” means the seller has accepted a primary ...

   • Author: Meghan Webber

5. www.sofi.com › learn › content31 Real Estate Listing Terms Explained | SoFi

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   • As-is. If you see the words “as-is” in a real estate listing, proceed with some caution: This typically indicates that there are repairs or renovations that need to be done that the current owner is not going to address and is passing the burden off to the buyer.
   • Built-ins. Built-ins are features like bookshelves, benches, or cabinets that are permanently built into the home itself, and are fairly common in older construction.
   • Cozy. While this descriptor may bring to mind a comfy armchair and a steaming mug of cocoa, in real estate, “cozy” tends to mean “small.” The home may have minimal square footage, meaning each room may have very limited space.
   • Charming. “Charming” is often another code word for a house with a small footprint, and may also indicate an older construction — which may, indeed, be charming, but might also end up needing costly repairs and renovations.

6. www.zillow.com › learn › real-estate-terms-home78 Real Estate Terms and Expressions You Should Know | Zillow

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   Mar 20, 2023 · 26. Equity. A percentage of the home’s value owned by the homeowner. 27. Escalation clause. A clause or addendum to a real estate contract or offer that states a buyer is willing to raise his or her offer price to a predetermined amount if the seller receives a higher competing offer for the property.

7. www.realtor.com › guides › the-ultimate-real-estateThe Secret Language of Real Estate Listings | Real Estate ...

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   This is the escrow period, when both buyer and seller are working toward a closing. The status will show as pending until the closing. Even though a sale is highly likely, some pending properties ...

8. www.zillow.com › idx-and-other-real-estate-termsWhat Is IDX? 10 Real Estate Terms Every Agent Should Know

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   Jul 23, 2014 · Real estate agents who use IDX can add its search features to their websites so clients can look at MLS homes. Agents can also work with IDX vendors to add more advanced features, including mobile search functions and WordPress editing tools. These solutions help clients find the home they want to buy much faster.