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Are You Confused With These Real Estate Abbreviations?

By
Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803
Sometimes as Realtors® we take for granted everyday abbreviations that we use, while the average consumer may be confused about them.
 

Our MLS has the following initials, and most consumers have no idea what they mean. As a matter of fact, we have met many Realtors who don't have a clue either.

 

Here is What You May Find on Long Island's MLSLI and Their Meanings:

 

LSC.................Last Status Change (what was the last change to a listing?)

NEW...............New listing

PC...................Price Changed

Ext...................Listing date extended

PBA.................Pending Bank Approval (short sale)

TOM................Temporarily off market

BOM.................Back on market

Exp..................Expired listing contract

UC....................Under contract (pending)

CL.................... Closed

RE......................Rented

W/R...................Withdrawn OR Released

 

These abbreviations and meanings has been brought to you as a courtesy by Lawrence "Larry" and Sheila Agranoff, Licensed Real Estate Associate Broker and Licensed RE Salesperson.

 

Call Our Cell 631-805-4400 when you are ready to buy or sell Long Island Real Estate.

 

Search Here For Long Island Homes and Condos

 

 

 

 

 

 

 


 

 

If your home or condo is listed with another broker, this is not a solicitation of the property

Posted by

                                                    Sheila & Larry Agranoff

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Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited. Sale May Be Subject To Term & Conditions of An Offering Plan. Disclaimer: While information is believed to be accurate it's represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2023.
 
 
 
 
 
 

 

Comments(7)

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Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

You are not kidding!!!

I always take time to explain most common abbreviations in our industry when I have a sit down with clinets and customers and leave the door open for them to contact me if they don't understsand something on MLS or ads

Jan 29, 2018 04:02 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

It IS  easy to be confused....and market to market they may well vary....some of them are not ones we use.

Jan 29, 2018 04:35 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

We have similar abbreviations (UCS--under contract show and UCNS--under contract no show, for example). This is what I call realtoreze and I try to avoid it with my clients.

Jan 29, 2018 05:01 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Larry and Sheila, I've always thought real estate has it's own language in the form of abbreviations and now I know that includes different MLS abbreviations too. Ours are a little different and I had to use your guide to understand what you use. I bet consumers will find this very helpful, smart idea to post!

Jan 29, 2018 05:17 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 ,

Every industry has their own language and real estate is no different. The general buying and selling public really has no idea of what they mean! And to add to the confusion they vary from state to state!

Jan 29, 2018 05:43 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Consumers will find this list of abbrevations helpful. Our MLS abbreviations are somewhat different. 

Jan 29, 2018 10:56 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Larry and Sheila,

Every profession has its own linguo to learn.  Between the two of us, we have our own signals and abbreviations.  A

Jan 29, 2018 01:42 PM