Real Estate Definitions that I Wish Were Funnier

Buyer.  Noun.  Person who thinks the home is worth $50,000 less than the price given by the comps.

Seller.  Noun.  Person who thinks a home is worth $50,000 more than the price given by the comps.

The comps.  Noun.  A record of transactions completed by buyers and sellers who have been market educated.

Market Educate.  Verb.  The process of having written or received one or more purchase agreements that are unacceptable to one of the parties and fall apart in negotiations.

Advertising.  Noun.  1) Publications and other noise created by listing agents while waiting for sellers to reduce their price.  2) Distraction ignored by buyers looking for a home.