Real Estate Poetry... just for fun lets look at the definitions....

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5jpM

Real Estate Poetry: Just for fun, let’s look at Real Estate  Marketing Language and the real meaning behind them.

For many clients, this is a new language and with that said this becomes a learning experience. Best comparison is like picking up a book, but it is in a different language that we are not accustomed to. It is best compared to some  of technical manuals that the ordinary consumer can not understand. On the surface it is in English, it is not a foreign language, but the meanings are still different from what we are used to.

www.endrebarath.com

So, let me start demystifying some of the language here:

Motivated Seller =  overpriced house and the listing agent would like an offer

Huge Price Reduction, Brand New Home = Developer overpriced it and now just wants to sell it

Price Change = Listing Agent trying to be cute it is still a Price Reduction

New Price = either a reduction or a price increase

Price Improvement = just another word for price reduction

Big Reduction = was way overpriced, now more in line with where it should have been in the 1st place

Located in Exclusive Community = all the homes are pricier than outside of the community

Call me! Be the first to enjoy this beauty = listing agent has not had any  calls on  the property

A home lovingly cared for 30 years = needs total updating

Bring your imagination = a total tear down and you better have deep pockets if you will try to update it.

Gorgeous inside = either the outside needs landscaping or the house needs to be refreshed outside.

Great Starter Home for 1st Time Buyers = small home that needs some improvements.

Cute home = very small house

Hope you enjoyed these translations and if you are interested in more feel free to ask me directly. If I missed some feel free to add them in the comments.

 www.endrebarath.com

 

Anyway if you are looking for a Realtor  in the Greater Los Angeles area,who is always looking out for the best interest of buyers and sellers, please reach out to me directly. Here you will get straight, honest and unfiltered good advice instead of double talk!

If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

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Rainmaker
1,402,170
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

So true! The first few times I saw "improved price" I laughed. It certainly is an improvement for buyers but not the seller.

May 20, 2019 03:23 AM #1
Rainmaker
1,648,652
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Motivated Seller =  overpriced house and the listing agent would like an offer

 

This is perfect! 

May 20, 2019 04:26 AM #2
Rainmaker
3,237,979
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Endre - a handy reading guide for the wannabe homeowner.  

May 20, 2019 10:59 AM #3
Ambassador
3,740,812
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre I love your definitions.  They are right on the money.

May 20, 2019 03:21 PM #4
Rainmaker
3,173,687
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kat Palmiotti  funny you should say that, I showed it to one of my buyers and his words were identical as yours and we had a good laugh. This in turn inspired me to do a few of these Definitions:)Endre

May 20, 2019 04:31 PM #5
Rainer
409,133
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

All true Endre.  You hit the nail on the head with this one. I see these regularly.

May 20, 2019 06:12 PM #6
Rainmaker
3,173,687
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lise Howe  when there are fun people that come to one of my open houses I always joke around "listing agent" is motivated:))Endre

May 20, 2019 06:19 PM #7
Rainmaker
3,173,687
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  indeed...Endre

May 20, 2019 06:19 PM #8
Rainmaker
324,618
Karen Rice Madison AL Realtor
Keller Williams Realty Madison - Madison, AL
434-282-7936 Call/Text

Funny!  I love all the ways agents can avoid saying, "price reduction".  Thanks for the laugh Endre Barath, Jr. 

May 21, 2019 11:40 AM #9
Ambassador
3,182,425
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

All great definitions, Endre! I laugh at the 'lovingly cared for' - I see that SO often!

May 22, 2019 09:54 PM #10
Ambassador
3,772,192
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Endre- I love how the language has gone from "price reduction" to "price improvement."

May 25, 2019 12:19 PM #11
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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