Industry Acronyms
HUD
What is Housing of Urban Development?
What type of inspection and test is highly recommended in our area?
What are a termite inspection and Radon test
This term is used to describe a professional estimate/opinion on the value of real estate.
What is an appraisal?
What does Eddie ask buyers to do before starting the entire buying process that not many other agents do?
A buyer consultation.
In The Wizard of Oz, Dorothy said, "There is no place like home!" Her home was in this tornado prone state.
What is Kansas?
ARM
What is Adjustable Rate Mortgage?
During this period your buyer has x amount of time to decide if they want repairs, renegotiate the price, or terminate the contract.
What is the due diligence period?
This is the term for the legal document that is most often used to transfer title of real estate from the previous to the new owner.
What is The Deed or Warranty Deed?
How does Eddie treat sellers differently than other agents?
1-on-1 listing appointments, bring in professional staging consultation, professional photographers, professional marketing, and expertise to help sell and market the home
The Flintstones lived in this town.
What is Bedrock?
CMA
What is Comparative Market Analysis?
This is are 3 factors that affect your ability to purchase a home with a loan.
What is your CREDIT SCORE, Income, and Down payment
The deposit buyers put down when they have an accepted offer.
What is Earnest Money?
How much does the average agent sell in volume compared to Eddie?
$1 million vs. $15.5 million
This real estate board game became the best-selling game in America just one year after it was created.
What is Monopoly?
DOM
What is Days On Market?
DAILY DOUBLE!!
This is what homeowners should file by April 1st the calendar year AFTER they have purchased their primary residence.
."
What is HOMESTEAD EXEMPTION?
Homestead Exemption cannot be filed on rental properties, other investment properties, or second homes/vacation homes.
DAILY DOUBLE!!!!
What do NAR and ARA stand for?
What is The National Association of Realtors and Atlanta Realtors Association.
"I am never too busy for your referrals!"
Who is Eddie and who is a lot of fun to work with
Elvis Presley's home is named this.
CTC
What is Clear To Close?
Daily Double
The number of listings that are currently on the market in Dunwoody and Sandy Springs.
Dunwoody 56
Sandy Springs 161
The entire Greater Atlanta Area 12,078 up +32.9%
The real estate market is used to evaluate the rate at which available homes sold in a specific market in a period of time.
What is absorption rate?
What else does Eddie do beyond buying and selling Real Estate in the Real Estate field?
Watch Dog Property Management
Walt Disney created this town near Orlando to look like 1940s southeastern town with traditional architecture.
What is Celebration?