Agent to Buyer: “Stop By That New Listing on Broker Tour Tomorrow” When an agent looks at a home without their client in tow, it’s known as a “Preview.” See, “Proper (and Improper) Uses of Realtor Previews.” That’s in contrast to a “showing,” which is when the agent and client view a home together. So, what...Read More
Somebody has to keep the George Carlin spirit alive. In that vein, I offer up the inherent contradiction between “collaboration” (“They all collaborated on the winning science project”), and at least one accepted definition of “collaborator” (“He was a collaborator during the occupation”). Maybe it’s just a generational thing(?) . . . See also, “You’re...Read More
Real Estate Terminology 101 “Final acceptance” sounds like something that happens in a hospice, or perhaps what Woody Allen has been seeking in therapy all these years. Fortunately, the real estate version is not so macabre: it’s just a fancy way of saying, “Done Deal!” “Signed, Sealed, & (Constructively) Delivered” Specifically, “Final Acceptance” refers to...Read More
Geologic . . . and Housing “Box Can′-Yon”: a small ravine or canyon with steep walls on three sides, allowing access and egress only through the mouth of the canyon. –Definition, Wikipedia As a (former) avid hiker, a box canyon to me was always the kind described above. However, as a current selling client —...Read More
It’s not uncommon for agents to see homes marketed as a “Grandma’s house.” Less usual: homes marketed as a “Grandpa’s house,” which I’ve now seen twice in just the past week. I’m not sure what the listing agent’s association for each type of home is, but here are mine (and I’m sure, many other Realtors’): Grandma’s House:...Read More
“I Know What You Meant” Department: Contingent Offer Confusion Residential real estate is full of confusing, non-intuitive (if not counter-intuitive) terms. Like, the Realtor that the industry calls “the Selling agent,” once a deal closes, actually represents the Buyer (the agent representing the Seller is known as “the listing agent”). See, “Quick! Who Does the...Read More
