What is an ASP home?
ACCREDITED STAGING PROFESSIONALS® PROVIDE VALUABLE SERVICES TO HELP HOUSES SELL FASTER AND MAKE A POSITIVE IMPACT IN THE REAL ESTATE INDUSTRY!
What does AMP mean in a real estate listing?
CRMLS Acronyms and AbbreviationsACDAutomatic Call DistributionAEAssociation ExecutiveAMPAdvanced Multi-List PlatformAORAssociation of Realtors60 more rows•Jul 19, 2017
What is SRT in real estate?
Significant Risk Transfer (SRT)
What is ASP after a name?
Associate Safety Professionals (ASP) are safety practitioners who have proven knowledge of safety, health, and environmental (SH&E) fundamentals. Earning your ASP shows others you are serious about safety, confirms your knowledge and skills, and advances your career.
What does CS mean in real estate?
home sale contingencyCS) This home sale contingency is a little different. This means the person buying the property with the contingency must sell a home, and the home they must sell does not yet have an accepted offer on it. I'll break this down a little more. Call the property you see marked as contingent Property #1.
What is PBR in real estate?
PBR. abbreviation for price to book value ratio, which is the market value of a company's stock divided by its tangible net worth. This ratio is especially significant to securities analysts where real estate not used in operations is a significant portion of assets, such as in the case of a typical Japanese company.
What is HLA in real estate?
Housing License Agreement (HLA)
What does Pog mean in real estate?
By getting offers from buyers on a property with guide price, the estate agent will be able to get a better idea of what the house is actually worth, as ultimately a house is only worth what buyers want to pay for it. Difference between guide price and asking price.
What is real estate?
Real estate is the land, plus any permanent man-made additions, such as houses and other buildings. Real property —one of the two main classifications of property—is the interests, benefits and rights inherent in the ownership of real estate. Broadly speaking, real estate includes the physical surface of the land, what lies above and below it, ...
What are some examples of special purpose property?
Special purpose: Property used by the public, such as cemeteries, government buildings, libraries, parks, places of worship, and schools.
What are the different types of real estate?
There are five main categories of real estate: residential, commercial, industrial, raw land, and special use. You can invest in real estate directly by purchasing a home, rental property or other property, or indirectly through a real estate investment trust (REIT). 1:34.
What are the businesses that depend on real estate?
Many professionals and businesses—including accountants, architects, banks, title insurance companies, surveyors, and lawyers —also depend on the real estate industry. Real estate is a critical driver of economic growth in the U.S.
What are the physical characteristics of real estate?
Physical Characteristics of Real Estate. Land has three physical characteristics that differentiate it from other assets in the economy: Immobility. While some parts of land are removable and the topography can be altered, the geographic location of any parcel of land can never be changed. Indestructibility.
What is personal property?
Real property shouldn't be confused with personal property, which encompasses all property that doesn't fit the definition of real property. The primary characteristic of personal property is that it's movable. Examples include vehicles, boats, furniture, clothing, and smartphones.
What is the term for improvements to the land?
Improvements of a public nature (e.g., sidewalks and sewer systems) are called improvements to the land. Permanence of investment: Once land is improved, the total capital and labor used to build the improvement represent a sizable fixed investment.
Why do agents use multiple listing services?
Agents use them for two simple reasons. In traditional advertising they are used to conserve space (e.g. in ads on classifieds section of the paper) and to fit in more information on limited size property advertisement. In multiple listing services the databases allow only limited number of characters for describing a property, ...
Do real estate agents use abbreviations?
Yes – Some of them are very Weird! Here are the most common abbreviations used in real estate. They are used often in advertisements and on the multiple listing service sites in the descriptions of a property. Agents use them for two simple reasons.