What Realtors Really Mean
I found The 680 Blog in my many online travels and decided to link to it, especially since its audience is truly East Bay. Agent Doug Buenz interprets “RealtorSpeak” for us:
“I’m Gorgeous Inside” = I know the house isn’t that great on the outside, and neither is the inside, but I have to put something on the sign for crying out loud. Seems as good a choice as any.
“Low Maintenance Yard” = There is nothing alive in the yard to maintain. Basically cement/deck and dirt.
“Contractor’s Special!” = House basically needs to be rebuilt from the ground up.
“Motivated Sellers” = Sellers are really motivated to sell at that price. Their motivation, however, dissipates quickly as your offering price drops.
“Seller says make an offer” = House is overpriced, and rather than reduce the price like most smart sellers, seller wants to hedge his bet in case someone with more money than brains wants to pay him too much for the house. And this is smart, because there are so many of those buyers out there.
I like when Realtors have a sense of humor and don’t pester me with phone calls or email saying that I’m “bringing down their industry” by writing about foreclosures. So thanks, Doug!
And if anyone has any more of these descriptions, please share!
Posted on Thursday, January 31st, 2008
Under: House Hunt, The Market | 2 Comments »


