Special offer

Translators Needed! Contest the Rome Way!

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

Translator Needed! Contest the Rome Way?  Chance to Win!

Do You Speak 'RealtorEze'?

                                            Huh?

 

 

How many of these terms do you know?

How many have you used?

How many more can you add?

How many times have you stopped someone and said what does that mean?

How do you think buyers and sellers feel when professionals use abbreviations?

For the people who get the most answers or add the most new terms to this list will receive a copy of  Real Estate the Rome Way RETRW or a donation to a Charity of your choice COYC.

The first person to let me know how many terms are below is also a winner.

 

This is not an official contest...just a contest the Rome Way.

Note: Some may have more than one meaning.

Hint...I've just given you a couple of answers above. Have fun!

 

3P’s

 

203K

 

ABR

 

ACRE

 

AG

 

AHSI

 

APR

 

AR

 

ARM

 

ARU

 

ASHI

 

BAFO

 

BB

 

BIC

 

BLOG

 

BOM

 

CAC

 

CAP

 

CDA

 

CE

 

CF

 

CIAS

 

CLHMS

 

CMA

 

CO-OP

 

COC

 

COE

 

COYC

 

CP

 

CPOUFS

 

CRS

 

CS

 

CST

 

CVAC

 

DBA

 

DCPE

 

DD

 

DIY

 

DOC

 

DOM

 

DST

 

E&O

 

EHO

 

EIK

 

EMD

 

EOG

 

EPA

 

EPRO

 

ERS

 

EST

 

FHA

 

FMV

 

FNMA

 

FP

 

FROG

 

FRT

 

FSBO

 

FTA

 

G&M

 

GNMA

 

GR

 

GRI

 

HOA

 

HOC

 

HOW

 

HUD1

 

HVAC

 

HWBB

 

HWF

 

HWF

 

IRA

 

KIA

 

KO

 

LA

 

LBG

 

LBP

 

LL

 

LLC

 

LO

 

LTG

 

LTV

 

MAR

 

MBR

 

MIP

 

MLS

 

NAR

 

NO/KO

 

OH

 

PIA

 

PITI

 

PMI

 

PMN

 

POA

 

POA

 

POF

 

POS

 

PUD

 

R

 

REBAC

 

REC

 

RECOS

 

RECS

 

REG Z

 

REIT

 

RELO

 

REO

 

RESPA

 

RETRW

 

RN

 

ROI

 

RPAC

 

RRC

 

RSPS

 

S&H

 

SA

 

SDAT

 

SEO

 

SFH

 

SM

 

SOI

 

SRES

 

SS

TBB

THS

 

TLC

TLC

 

TLH

 

TLW

 

TOM

 

 

TOM

 

U&O

 

WBFP

 

WBI

 

WIC

 

WIN

 ====================================================================================

 

Translator Needed..Contest the ROME WAY! Chance to WIN...

Do You Speak 'Realtoreze'?

                410-530-2400

 

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


Sell Your Home With Margaret Rome

Radio Host ALL ABOUT REAL ESTATE
Sundays 12 noon.

Author: Real Estate The Rome Way

About me
My blog
My website
My radio podcasts

(410) 530-2400
CALL OR TEXT

EMAIL ME

Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Anna, I made this list yesterday while driving while being driven down to southern Maryland.

Debbie, I love your warped take. Thanks for playing and fun speaking to you.

Kathy, Translations ...please.

Kim, Great talking with you. PFA..I love it.

Apr 01, 2012 04:17 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

wheeeeew, glad you weren't driving. LOL 

HIR- (home inspection report) :)

Apr 01, 2012 05:44 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

 

 A few AZ ones to add on....

BINSR

SPDS

 

 

Apr 01, 2012 05:48 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

OK Ms Anna Banana..are you going to give us a hint?

Tammy, Good one.

Apr 01, 2012 06:39 AM
Tim Bradley
Contour Investment Properties - Jackson Hole, WY
Commercial Real Estate Expert in Jackson Hole, WY

Very disappointing...I'm an MAI and a CCIM, and didn't make your list!

Apr 01, 2012 08:22 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Tim, Thanks for reminding us of  the Appraisers and Investors.

Apr 01, 2012 09:25 AM
June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

3P’s - price presentation and plan

203K - an FHA loan product for home renovation.

ABR - accredited buyer representative

ACRE - Association of Commercial Real Estate

AG -  above ground

AHSI – affordable housing services inc.

APR - annual percentage rate

AR - adjustable rate

ARM - adjustable rate mortgage

ARU – Activerain University

ASHI - American Society of Home Inspectors

BAFO – Best and Final Offer

BB – bed and breakfast

BIC -  built in cabinets

BLOG – better listings on google

BOM – back on market

CAC -  central air conditioning

CAP – capitalization

CDA - community development administration

CE – continuing education

CF – commodities finance (that’s where they bring diamonds instead of cash)

CIAS - certified investor agent specialist

CLHMS – certified luxury home marketing specialist

CMA - comparative market analysis

CO-OP - sharing commission

COC – cash on cash

COE – close of escrow

COYC – charity of your choice

CP – car port

CPOUFS - commission paid only upon final settlement

CRS - councel of residential specialists

CS – contingent on settlement

CST – credit shelter trust

CVAC - central vacuum

DBA - doing business as

DCPE  -

DD – due diligence

DIY -  Do it Yourself

DOC - documents

DOM - days on market

DST – daylight savings time

E&O - errors and omissions

EHO – equal housing opportunity

EIK – eat in kitchen

EMD - earnest money deposit

EOG - end of group

EPA - environmental protection agency

EPRO - electronic professional (NAR designation)

ERS -  exclusive right to sell

EST - established

FHA - Federal Housing Administration

FMV – fair market value

FNMA - Fannie Mae

FP – fire place

FROG – finished room over garage

FRT – federally regulated transaction

FSBO - for sale by owner

FTA -

G&M

GNMA - Ginnie Mae

GR

GRI - graduate real estate institute

HOA - home owners association

HOC – home owner credit

HOW – home on water

HUD1 - settlement statement

HVAC - heating ventilation air conditioning

HWBB

HWF – hardwood floors

HWF

IRA -  Internal Revenue Alottment

KIA – know it all

KO - kick out

LA - listing agent

LBG

LBP

LL – lower level

LLC - limited liability company/corporation

LO - loan officer

LTG

LTV  - Loan to Value

MAR - Maryland Association of Realtors

MBR – master bedroom

MIP - mortgage insurance premium

MLS - multiple listing service

NAR - National Association of Realtors

NO/KO - no kick out

OH

PIA

PITI - principle interest tax insurance

PMI - private mortgage insurance

PMN

POA - power of attorney

POA

POF – proof of funds

POS - point of sale

PUD - planned urban development

R

REBAC - real estate buyers agent council

REC

RECOS

RECS – real estate cyberspace specialists

REG Z – regulation Z – debt is secured by a specified piece of real estate

REIT – real estate investment trust

RELO - relocation

REO - real estate owned

RESPA - real estate settlement procedures act

RETRW

RN

ROI - return on investment

RPAC - Realtors Political Action Committee

RRC

RSPS

S&H

SA – sales associate

SDAT – real property search data

SEO – search engine optimization

SFH - single family home

SM

SOI - sphere of influence

SRES

SS

TBB -

THS - townhouses

TLC - tender loving care (home needing love)

TLC

TLH

TLW

TOM

TOM – time on market

U&O - use and occupancy

WBFP – wood burning fire place

WBI

WIC – walk in closet

WIN

Apr 01, 2012 11:26 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

June, You are amazing! Thanks for taking time and lots of it to go through this list and do it so well.

With a great deal of appreciation for playing.

 

Apr 01, 2012 12:08 PM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

All I can say to a consumer is if you can't figure out at least 5 of these, this is why you need a Real Estate professional.

Apr 01, 2012 12:49 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kevin, And if the agent is using five of these in every other sentence...it may be time for a new one that you can understand!  Thanks for stopping by.

Apr 01, 2012 12:51 PM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Margaret - Kathy mentioned your little contest to me so I thought I would take a stab at the number of terms in your list.

By my calculations you have 135 terms counting those that may have dual uses only once and not the two above the question

"how many terms are below"

.

 

Apr 01, 2012 02:21 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Barrie, Whatever the number, you are a winner for counting and playing! Just sent you an email.

 

Apr 01, 2012 08:15 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Barrie, Whatever the count..you are a winner. Thanks for counting! Just sent you an email.

Are you also going to give definitions?

Apr 01, 2012 08:28 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Lots of interpretations for the P's.....perfect pricing presentation produces perfection

Apr 01, 2012 09:31 PM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Margaret - I'm not sure I deserve it as I used an excel spreadsheet to do the counting for me.

I simply copy and pasted the entire list into excel, deleted the blanks and read the number from the bottom of the list.

I think you have hit all the acronyms I might know related to real estate, things have changed an awful lot since I went back to construction and subsequently retired, but here is one I don't see

WHMIS - workplace hazardous information system - a system that records the hazardous materials that one might come across in the workplace/office something all employers here in Ontario have to have.

When it first came out I had trouble remembering it so I renamed it wild hairy men in shorts

 

Apr 02, 2012 02:16 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sally, Go check my book... the answer is there.

Barrie, Of course you deserve it. You are the only one so far who answered that part of the contest.

Apr 02, 2012 08:22 AM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Margaret - The answer I gave was not entirely correct as there are only 131 unique terms in your list the following 4 terms were duplicated in your list which gave the count of 135

 

HWF POA THS TOM

Once again I used Excel to find and eliminate the duplicates. As per your request I posted how I did this for all to see.

 

 

Apr 02, 2012 11:28 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

OH - Open House...(so simple...at least I got one right - because I seriously do not like OH!)

 

Apr 02, 2012 12:18 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I would like to see a classified ad using some of these acronyms. Can someone come up with the most difficult to understand one ?

OH SUN  TH  PUD no FHA/FNMA needs TLC buyer responsible for U & O.WIC in MBR CA CP   100k

Apr 06, 2012 10:17 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Praful, You got one!

Gita, Guess you want me to translate this. Open House Townhouse, planned community, no Government loans, Need buyer with tons of liquid cash, responsible for Use and occupancy. Walk in closet in master bedroom, central air and a car port. All for one hundred thousand dollars. How did I do?

May 16, 2012 08:11 AM