Real Estate Terms
Know Your Forms
Toolbox Time
Office Fun Facts
Know Your Fellow Agent
100

This term refers to the amount of money a buyer puts down upfront to show they’re serious about purchasing a home.

What is earnest money?

100

This form gives the listing agent permission to market and sell a property.

What is the Listing Agreement?

100

We use this app or website to schedule showings and request access to homes.

What is Showingtime?

100

The year our office was founded.

What is 1985?

100

This agent has a nickname of the office silver fox.

Who is Tony?

200

This legal document transfers ownership of real property from one person to another.

What is a deed?

200

This form is used to request repairs or credits after a home inspection.

What is the Inspection Contingency Removal?

200

This transaction management system keeps all your forms, signatures, and documents organized and compliant.

What is Dotloop?

200

The code word we made up if anyone is in danger (but we never use).

What is Zoo?

200

This agent has hidden talent of playing drums in a band.

Who is Clint?

300

 The official process of determining a property’s value for loan purposes. 

What is an appraisal?

300

This document is often used to cancel a contract agreement between parties, and also dictates what happens with the EMD.

What is Mutual Release?

300

This platform is considered the main hub for all your real estate tools through RE/MAX of Michigan.

What is MAXtech?

300

The place where you can find all of Dan's random papers and binders full of "important information".

What is the vault?

300

These agents were Mermaids for Halloween last year.

Who are Christina and Ashley?

400

This term describes the legal right to use another person’s land for a specific purpose.

What is an easement?

400

This form should never be filled out by an agent.

What is the Seller's Disclosure?

400

This CRM tool helps you track leads, set reminders, and follow up with past clients.

What is Boldtrail?

400

Xm123456

What is the office Wi-Fi Password?

400

This agent is probably the only one who does NOT drink coffee.

Who is Jeff?

500

A title search found a "cloud" — no need for an umbrella, but it might delay closing. What is it?

What is a title defect?

500

This form protects the broker and agent by disclosing any potential conflicts of interest or dual agency relationships.

What is Agency Relationship Disclosure?

500

This CRM tool, inside Boldtrail helps you create listing presentations that can be delivered digitally.

What is Present?

500

The original carpet tile colors when current building was being renovated.

What is red and blue?

500

This agent's first day was charcuterie day.

Who is Lacey?