Redux Rules!
R.E. Lingo
Lead Gen Legends
Contracts & Compliance
Market Mastery
100
Our mission is to use real estate as a tool to positively ________ the lives of our agents, employees, and clients.  

What is transform?

100

Upfront payment given as a sign of good faith

What is the EMD?

100

Dropping off a gift at a client's home

What is a pop by?

100

Legal document that outlines the terms of a real estate transaction

What is the purchase agreement?

100

More buyers than homes for sale.

What is a seller's market?

200
The definition of redux

What is to be brought back or revived?

200

This gives an agent the rights to sell a property

What is the listing agreement?

200

Where the fortune is

What is in the follow up?

200

Allows a buyer to cancel the deal if financing is not secured.

What is the financing contingency?

200

How many months it would take to sell all current inventory

What is months of supply?

300

Name of Chris's podcast

What is Uncommon Real Estate?

300

Type of loan where the interest rate adjusts over time

What is an ARM (Adjustable Rate Mortgage)

300

Targeting a specific neighborhood

What is geographic farming?

300

Buyer takes over the seller’s existing mortgage terms.

What is an assumable loan?

300

Key market indicator measures the percentage change in home prices over a specific time period

What is appreciation or appreciation rate?

400

# of homes we sold last year

What is 504?

400

Owners behind on mortgage payments but not yet in foreclosure

What is a preforeclosure?

400

Targeting homes near a recently sold property

What is circle prospecting?

400

This law prohibits discrimination in real estate transactions

What is the Fair Housing Act?

400

A balanced real estate market typically has how many months of inventory?

What is 4-6 mos.?

500

Our ranking in eXp

What is 19th of all teams?

500

Right of a property owner to receive compensation if their property is taken for public use

What is eminent domain?

500

Tool automatically responds to leads within minutes of their inquiry to improve conversion rates

What is an autoresponder?

500

Legal principle requires that all real estate contracts be in writing to be enforceable

What is the Statute of Frauds?

500

Economic Factor controlled by Federal Reserve that impacts interest rates

What is the federal funds rate?

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