Open Forum (3/3-3/9)
Posted on Tuesday, March 3rd, 2009 at 9:24pm.Ever wonder what those fancy terms tossed around in listings really mean?
A guide to realtorspeak is offered in a somewhat entertaining post by Blake Roberts, who uses a three-color system (green/yellow/red) to help you understand the importance of various terms. Some useful translations:
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As always, please use this week's "Open Forum" thread for news clips, off-topic questions & discussions of (virtually) any nature. And keep it clean.
A guide to realtorspeak is offered in a somewhat entertaining post by Blake Roberts, who uses a three-color system (green/yellow/red) to help you understand the importance of various terms. Some useful translations:
- Gourmet kitchen/Chef's kitchen. Although used without a real definition, most agents in the South Bay write about the Chef's kitchen if there's granite or stone counters, a prep area, high-end appliances and a pantry.
- Move-in ready. Usually a good thing, same as turn key. Agent believes that a buyer can move into this home without paying for additional repairs or updates.
- Executive home. Screams that there's something about the home that is not family friendly.
- Comfortable family room. Probably is describing a smaller space.
- Don't miss this opportunity. Sorry, real opportunities sell themselves, usually before the property even hits the MLS.
- Submit all offers. Agent knows that the home is overpriced and hopes to get an offer anyway.
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As always, please use this week's "Open Forum" thread for news clips, off-topic questions & discussions of (virtually) any nature. And keep it clean.
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