Real estate appears to have its own language, full of legal and industry words that are heavy on jargon and short on communication at times. This list provides a full overview so that you can ensure your communication is top-notch, whether you’re a new and exciting real estate agent getting up to speed or an experienced agent trying to brush up on some of the more strange real estate phrases.
These are some of the most important real estate phrases to know for both buyers and sellers. To be honest, not understanding some of this real estate jargon might land you in a lot of trouble. It is critical to be well informed when purchasing or selling a home. When working with real estate brokers, trust your gut. Some great agents are solely concerned with your best interests. Others are only concerned about their next paycheck.