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Posts from September 19th, 2023

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September
19

10 Real Estate Terms Sellers Need To Know

 

Selling your home is a complex process. But one thing you can do to make it easier is to get familiar with some of the real estate terms that will be used. Here are some of the most common terms and what sellers should know about them.

  1. Seller's market
    A seller's market is advantageous to you, the seller. It means there are lots of buyers and fewer sellers. Under these conditions, homes often sell quickly and at or over the asking price.

  2. Listing Agent and Dual Agency
    The real estate agent who lists the home for sale and represents the seller's interests during the transaction is the listing agent. Dual agency is where the same agent represents both the buyer and the seller. Because it...

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