How To Understand The Language Of Prudential Reality?
The real estate California as well the real estate sector of almost any country all
over the world has their own set of languages and acronyms that are used on a day to day basis. It is not only true for the real estate sector, but holds true for all the other industries as well. This specific language of the sector helps the real estate agents in communicating with each other in an easier manner.
There are many first time home buyers who might find it rather difficult to understand the various listings of the property and thus many people who are unable to make out the different lingo of the
real estate agent, choose to stay away from them totally and do the buying and selling of the property all by themselves. Also of course there are many other reasons why people like staying away from the real estate agents apart from their different and difficult lingo usage and those reasons are more serious in approach. Some such reasons are like saving on the commission of the agents, preference of meeting the seller or the potential new owner personally to check out the various details minutely, shortage of time etc.
But it is needless to mention that although the particular prudential reality language sounds not that serious, but it is actually considered as one of the major hindrance for the home buyers when it comes to the property listings. Some of the times, you can find a property listing that initially looks like a soup of words that are put together without any botheration about the meaning of it. It certainly does not make sense for any human being who does not deal with the real estate sector and who does not have any clue about the prudential reality language. But then, this is the kind of language used for advertising about the property listings so as to save the advertising space and money of course.
Now when it comes to understanding and deciphering the meaning of the real estate language, here is some quick help just for you:
SF: square feet, BR: Bedroom, CDS- cul de sac, BA: bathroom, CA: central air, SPAC: spacious, GRT RM: great room, WBFP: wood burning fire place, DET: detached, GRMET KIT: gourmet kitchen, GAR: garage, etc.
There are many such language factors that rule the real estate sector all over the world and it is really not possible to learn them this way. Instead it is much easier if you hire a real estate agent who can take care of your needs and help you get the property of your choice and requirement. There are some terms that you must know if you wish to buy or sale your property and they are the FSBO which stands for : for sale by owner and the term MLS which stands for: multiple listing services. There are many more such lingo that can only be explained by your property agent if you require them.
by: Daniel
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