Do you speak “Realtorese?” Maybe your buyers and sellers, neighbors and friends don’t. Here’s a few important translations:
NAR National association of REALTORS®
NCAR North Carolina Association of REALTORS®
HOA Home Owner’s Association
PUD Planned Unit Development
HVAC Heating, venting and Air conditioning system
Closing Settlement Day
FISBO For Sale By Owner
Frog Finished Room over Garage
Agent Unavailable Playing golf
ABR Accredited Buyer’s Agent
GRI Graduate of the Real Estate Institute
CRS Certified Residential Specialist
PMI Private Mortgage Insurance
CMA Comparable Market Analysis
LTV Loan to Value
REALTORS®…Go out and speak English.
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