Lost in Transaction: A Guide for Normal People

By
Real Estate Agent with Cherimie Crane & Associates

As in any industry, Realtors have developed their very own language. Any unsuspecting soul who finds themselves surrounded by this particular population my experience a significant amount of confusion. It sounds like English, it resembles normal speech most of the time, but still there is a code that must be broken. In order to merge the masses, encourage communication, and shed some much needed light on the jibber jargon, I created the "Lost in Transaction" list for normal people.

Lost in Transaction

1. Listing- listing (n) When used as a noun means something the Realtor better sell, in record time. The Realtor often demonstrates either a sense of pride, or a sense of nausea when speaking about a listing. Listing (v), when used as an action word there is obvious hope, excitement, and strategic thought.

2.Appointment- (n) In most cases, appointment is used to describe a meeting in which the Realtor hopes to gain approval and/or acceptance by the non Realtor party. It can also be used as an excuse for any meeting where the Realtor is certain no acceptance is possible. Therefore the word appointment is used quite often.

3. Buyer- (n) Some view this as a mythical creature. There have been a rash of recent buyer sightings therefore lending more weight to their existence. Can be described as "capable", "realistic", and/or a resident of the legendary "La La Land". When used without expletives, the word buyer can immediately gain the attention of any number of Realtors, all at once.

4. Showing Property- (v) Slightly akin to a triathlon minus the finish line and fans. It describes a period of time, usually hours, sometimes days where a Realtor attempts to overcome insurmountable obstacles while operating a motor vehicle, entertaining strangers, answering 4,000 questions simultaneously, monitoring a moody GPS, coordinating potty breaks, explaining the real meaning of water view, running from Fido, apologizing to Bubba for walking in on him in the shower, only to have their guests explain that maybe Boston is a better fit.

If you encounter a Realtor "showing property" be kind, offer them water, remind them they are human and that the day will eventually end, eventually.

5. Closing- (n) The Holy Grail of real estate. Realtors are in constant pursuit of the closing. When referred to as "closing day" the Realtor exhibits confidence, a rare glow, and is admired by others. It can be compared to the Champion Walk. It is the Superbowl of Sales, the Crown of Commission, and the ultimate goal of the lockbox wielding warrior.

Obviously, this is only a small dent in the dictionary of Realtor. Some words and phrases have been removed to protect the innocent, and so that I can keep my job. If you find yourself Lost in Transaction, just pretend to be a buyer, or scream out "I see a closing!" that will ensure your safety or at least get you a free drink.

 

 

 

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Whether you are buying or selling Real Estate in Beaufort South Carolina, We know Beaufort. Our little coastal town has something for everyone.

 

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Rainmaker
376,927
Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

A welcome bit of humor for an industry currently under siege in many parts of our wonderful country.  We all need to keep our sense of humor -- real estate industry folks as well as consumers.

Sue of Robin and Sue

Jan 07, 2011 01:53 AM #1
Rainmaker
785,320
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

I am sure we can all add to that list! I can think of a few extra definitions of listing!

LISTING: Throwing something against the wall at any price and hope it sticks!

Jan 07, 2011 03:00 AM #2
Rainmaker
1,042,913
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Cherimie, no one could've made those definitions come to light like that in such a genteel and southerly manner as you've done here.  An exquisite and charming expose'.  Thanks for breaking the code!

Jan 07, 2011 04:03 AM #3
Rainmaker
322,226
Laura Sargent
Carolina One Real Estate - Mount Pleasant, SC

I love it!  Each one had me on the floor.  However, you do probably have facebook fans so maybe you can add that the race has to be posted to hear the cheering.  I look forward to more definitions.  ie.... Inspections, Appraisals, BPOs etc....

Jan 10, 2011 02:43 AM #4
Rainmaker
255,331
Dick & Sandy Beals
Wilmington Real Estate 4U Wilmington, NC - Wilmington, NC

Walking property has always meant playing golf!

Dick Beals

Jan 27, 2011 06:16 AM #5
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Cherimie Crane

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