| 1. | Real Estate Agent | ||
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A full-service residential buyer- and seller-specialist who assists clients in the sale of real property. This person alleviates much of the confusion and frustrations of buying or selling a home with the experience she or he has amassed over time within a given local real estate market or neighborhood. A real estate agent is armed with the tools necessary to provide creative and innovative solutions in real estate services. She or he provides resources to assist clients discover value in real property, provides strategies to build equity in her or his clients’ investment, and facilitates negotiations toward an ideal solution for her or his clients. Does your real estate agent have a record of success?
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| 2. | reapartment | ||
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to convert a condominium that was an apartment back to an apartment in real estate terms The large number of apartment vacancies were attributted to the continuing reapartment of condominiums who were unable to sell on the current real estate market after their conversion from apartments to condominiums.
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| 3. | despereal estate | ||
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(n.) property with negative equity in a declining real estate market There is so much despereal estate in this neighborhood. Behind every 'for sale' sign is a mortgage debt greater than the value of the house itself.
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| 4. | market correction | ||
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A business term used to describe how a free-market economy balances itself after extreme events run their course like a rising stocks after a recession or the real estate bubble burst. The word crossed over into everyday use to similarly describe when one's fortune or luck changes, for bad or good, changing the course of daily life. BAD:
Bob: Last summer I was was nailing babes left and right. Now that I'm back at college...nothing! Pete: Ah, well, you're not that attractive or interesting. You just had a lucky streak. You were due for a market correction. Consider yourself forntunate if any girl even talks to you, bro! GOOD: Pete: I was just promoted at work! I've been wasting my talents there for WEEKS, but the VP just quit and they promoted me to replace him. Guess I was due for a market correction, huh? How's the girl situation, Bob? Bob: I hate you. |
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| 5. | DoWiSeTrePla | ||
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Down Wind from The Sewage Treatment Plant. Immortalized in the 3rd season episode of the same name on the CBS sitcom "How I Met Your Mother". Fictional satire of the insane NYC real estate market and its ridiculous contraction derived neighborhood names.
See: DUMBO, BelDel DoWiSeTrepla is the hottest neighborhood in NYC. The deals are amazing. Much more affordable than Dumbo or Tribeca.
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| 6. | Team2Sell | ||
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1. A team of real estate agents which go above and beyond the realm of most agents to get the absolute best price for a house or piece of property in the least amount of time.
more...
Utilizing only the best and most effective advertising techniques such as 800 numbers on yard signs so buyers can get information about a listing immediately as they pass by it. Or, using advanced internet search engine optimization to get the most exposure from perspective buyers who are using the world wide web for information. These are just some of the innovative features Team2Sell uses when they are hired by their clients to sell their most valuable asset. Offering sellers an alternative to using an agent that will simply stick a sign in their yard and wait for a buyer to make an offer. Team2Sell takes the proactive approach that is needed to get top dollar in todays ever more competitive real estate market. 2. An innovative and modern method to sell a house or piece of property. 3. A team of Realtors that uses the effects of synergy along with up to date marketing methods in order to get real results in the real estate market. |
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| 7. | flip flop | ||
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investments made in real estate with intention to 'flip' it for a profit but instead turns into a 'flop' with the crash in the real estate market. I paid $100,000 for that house and put $25,000 into it thinking I could sell it for $150,000. Now it I can't sell it for $75,000. My 'flip' is now a 'flip flop'.
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