Navigating the real estate market can be daunting, especially with the industry’s many specific terms and jargon. For those looking to buy or sell, it’s crucial to understand the sales lingo that frequently arises in property sales. Below is a guide to some key residential sale terms to help make the process a little easier. Residential Sales Lingo AgentA licensed professional who helps people buy, sell, or rent real estate. AppraisalAn estimate of a property’s value, usually its market value AuctionA public sale of property when the highest bidder is… Read More
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