Real Estate Terms
This term refers to the price at which a home is advertised to the public.
What is the listing price?
This professional license is required to legally help clients buy and sell real estate.
What is a real estate license?
"Where is My Whale?"
Who is Everyone? (but mostly Lowell and Deb)
This manager starts every single day declaring she’s “staying organized,” and by noon her inbox has filed for emotional support.
Who is Melissa?
Gets the name of the town wrong, even though shes had the listing a week....but still knows how to get there and then sell it!
Who is Nikki?
This type of agent represents the person selling the home.
What is a listing agent?
This document explains what a seller must legally share about the condition of their home.
What is a disclosure?
Arrives at 10:20 on the dot for the 10:00 meeting.
Who is Bonnie?
This person tries really hard to keep everyone out of Real Estate Jail and takes it waaayyyy too personally when people run afoul of the rules.
Who is Jennifer?
To sign off a text with her name
Who is Linda?
This term describes the estimate a lender orders to determine a home’s current market value before approving a loan.
What is an appraisal?
This law requires all listings to offer equal service regardless of race, religion, or other protected classes.
What is the Fair Housing Act?
Are You Going To Eat That?
Who is Lowell?
This manager has big ideas… and then bigger ideas… and then, for fun, a backup idea that requires props, Canva, a soundtrack, and at least one custom label.
Who is Melissa?
to ask "Whats for lunch"?
Who is Melissa?
This clause in a contract allows a buyer to cancel the deal if certain conditions—like inspection or financing—aren’t met.
What is a contingency?
This agreement outlines the duties, responsibilities, and exclusivity between a seller and their agent.
What is a listing agreement?
I need your paperwork NOW.
Who is Jenn?
This manager exists at either a "1" or "10"...and almost nothing in-between
Who is Jennifer?
To Volunteer for anything, anytime, anyplace, anywhere even though its totally inconvenient for her and then apologize for it.
Who is Noreen?
This real estate term refers to the legal right to use another person’s land for a specific purpose, such as a shared driveway.
What is an easement?
This regulation requires agents to disclose their relationship to a buyer or seller at the first substantial contact.
What is agency disclosure?
Is there Breakfast?
MDK or Barbara Lynch
This manager has definitely said, “We’re not doing this today,” and then… you did it anyway
Who is Melissa OR Jennifer?
To have on designer shoes, jacket and belt but tell you all about the latest ayahuasca retreat and give you bark to drink
Who is Catherine?