Preferred Properties of Texas

Understand Real Estate Terms

If your clients don’t know the terminology and terms used in the industry, how can they make informed real-estate decisions?

You can trust glossaries from trusted sources to educate your clients.

If a client wants to know what an MLS is, they can refer to the definition at realtor.com: A real estate broker-member organization that compiles and distributes information about homes for sale. If clients are interested in learning more about earnest money, they can refer to the FTC definition: A deposit to prove that you’re serious about buying the home.

First Time Home Buyer’s Glossary at realtor.com

American Bar Association’s glossary of real estate terms 

The Real Estate Marketplace Glossary: How to Talk the Talk

Glossary of Real Estate Industry Terms 

English-Spanish Real Estate Glossary

 

Original blog: https://www.texasrealestate.com/members/posts/help-clients-understand-real-estate-terms

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