Real Estate Jargon, Explained
November 11, 2014
in Home Buying Guide, Tips When Selling a Home | Tagged buyer, jargon, lingo, mortgage, real estate, seller, slangIt pre-dates “textese” and pager codes, but even to individuals familiar with those modern informal languages, real estate lingo may still be incomprehensible. There are two types of real estate slang: the acronyms used in ads (of which there are over 6,000) and the daily jargon used by real estate industry professionals in their work. […]
- Fact #1
Typical national real estate web sites may only cover 20% of what is for sale in a particular location and many display homes already sold.
- Fact #2
Only a broker or agent affiliated sites can give you the most up-to-date home listings.
- Fact #3
You can see all the listings that real estate agents see by searching locally on a broker or agent site.
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