'REAL' REAL ESTATE TERMS
A measure of land equaling 43,560 square feet
WHAT IS AN ACRE?
This amazing state raises the most turkeys.
WHAT IS MINNESOTA?
Approx. 42 million birds a year
This document outlines the terms under which an agent may show multiple properties to a buyer, often including protections for the agent's commission during the home search process.
WHAT IS A TOURING AGREEMENT?
It means the home is too small for human habitation or your big screen TV.
WHAT IS COZY?
This quiet area in Washington County was once considered a vacation mecca.
WHAT IS WHITE BEAR LAKE ?
In the 1860s and 1870s the resort town was so popular that trains ran hourly for vacationers and people to enjoy concerts plays and amusements parks.
A sum due a real estate broker for services in that capacity.
WHAT IS COMMISSION
This is the biggest safety hazard on Thanksgiving Day.
WHAT ARE KITCHEN FIRES?
Signed by both buyer and seller, this agreement outlines the terms and conditions of a home purchase.
WHAT IS A PURCHASE AGREEMENT?
It is located at a busy intersection, where the traffic noise is so heavy, you’ll have to sleep with ear plugs.
WHAT IS CONVENIELTY LOCATED?
This State is bordered by Canada to the north.
What is Minnesota?
The unlawful practice of influencing a person’s housing choice based on his/her race.
WHAT IS STEERING?
This NFL team has played on almost every Thanksgiving since 1934.
WHO ARE THE DETROIT LIONS?
This agreement is used when two real estate brokerages collaborate on a transaction, outlining the terms for sharing commission and responsibilities.
WHAT IS A BROKER TO BROKER AGREEMENT?
No updates made since the day he built the home forty-seven years ago.
WHAT IS ONE OWNER HOME?
This portion of Minneapolis has streets named after past Presidents.
WHAT IS NE MPLS?
The disposition of one’s property to take effect after death.
WHAT IS A WILL?
The Wednesday eve before Thanksgiving is traditionally known as this.
WHAT IS 'DRINKSGIVING'
This type of listing allows a seller to work with multiple agents but only pay the one who brings the buyer.
WHAT IS AN OPEN LISTING AGREEMENT?
A fancy way to say you’ll be living at a ‘dead-end.’
WHAT IS CUL-DE-SAC?
This state once had Jesse "the Bod" Ventura as it's 38th Governor?
WHAT IS MINNESOTA?
The right of a property owner whose land borders on a body of water, such as a lake, ocean or sea, to reasonable use and enjoyment of the shore and water the property borders on.
WHAT IS LITTORAL RIGHTS?
Adam Sandler's 'The Thanksgiving Song' was debut on SNL this year?
This type of agreement allows an agent to show a property to a specific buyer without securing a formal listing agreement, ensuring commission if the sale occurs.
WHAT IS A ONE-TIME SHOWING AGREEMENT?
Can mean a hallway with cupboards and appliances that two people could not occupy at the same time.
WHAT IS A GALLEY KITCHEN?
This City in Minnesota is home to the largest lift bridge in the world
WHAT IS DULUTH?