Industry Acronyms
WPHG
General Real Estate
Real Estate Math
KW
100

FIRPTA

What is Foreign Investment in Real Property Tax Act?

100

Jan 2023

When was WPHG was founded?  

100

The fancy French term for a housing area on a “dead end” road that offers just about enough space for a car to turn around

What is a Cul-de-sac?

100
Range for estimating buyer's closing cost

What is 3-4%

100

Gatamah

What is our OP's (Oglah's) last name?

200

CDD

What is Community Development District?

200

Team name before West Premier Home Group

What is Divine Home Team?

200
Provided to Sellers to view an estimate of what they will walk away with after the sale at certain price points

What is a Net Sheet?

200
PITI
What is PRINCIPAL INTEREST TAXES INSURANCE?
200

KW Annual Royalty

What is $3,000?

300

FHA

What is Federal Housing Administration?

300

Rainmaker's Middle Name

Who is LeAnna?

300

The one time fee a buyer pays at closing when they pay into and set up the HOA as new owners

What is Capital Contributions?

300

3% Commission on a $400,000 Property

What is $12,000?

300

Mark Willis 

Who is the new KW President?

400

CMA

What is Comparative Market Analysis?

400
WPHG reviews goal by end of 2024

What is 100 reviews?

400

DAILY DOUBLE!!!!!!! Real Estate Settlement Procedures Act

DAILY DOUBLE!!!! What is RESPA?

400

43,560 SQ. FT.

What is the area of an acre?  

400

Renew, Energize, Donate

What does RED Day Stand for?

500

NAR

What is National Association of Realtors

500

One of the 6 WPHG Core Values

What is "Win-Win or No Deal" or "Professionalism" or "Honesty and Integrity" or "Growth Oriented Mindset" or "Resilience and Adaptability" or "Enjoyment of the Journey" WPHG-RE

500

Loyalty, Obedience, Disclosure, Confidentiality, Reasonable Care and Diligence, and Accounting

Wat are Fiduciary Duties Of A Real Estate Agent?

500

The monthly tax when a property is assessed at $5,200 and the tax rate is 84 mills

What is $36.40

1 Mill = .001, so .001 x mills amount.  Monthly, so divide by 12.  

500

"To build careers worth having, businesses worth owning and lives worth living"

What is the KW Mission Statement?