Category: Real Estate Definitions

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Articles About Category: Real Estate Definitions

Value Add Real Estate 101: Inside Secrets Plus Enhancing Profits

Value add in real estate means finding ways to make a property more valuable. This can include things like renovating, improving operations, or changing how the property is used. By adding value, investors can make more money from their properties.  Are you an investor? Do you want to make more

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what-is-cda-in-real-estate
Real Estate Definitions

What Is A CDA in Real Estate? What Does CDA Stand For?

IN A NUTSHELL: What is a CDA In Real Estate?  I talked to Gloria, an escrow officer, from a Denver-based Title Company who said this: “A Commission Disbursement Authorization (CDA) spells out who gets paid a commission when a house is sold. It also provides exact instructions on: How much

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houses in a zoned area
Real Estate Definitions

What Is a Variance in Real Estate

TO THE POINT: A variance in real estate means asking for permission to do something different with your property than what the zoning rules usually allow. It’s not changing the zoning law, just getting a special allowance. Variances are given if you can prove that the zoning makes it hard

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agent working with clients
Real Estate Definitions

What Is An ISA in Real Estate

STRAIGHT TO THE POINT: The meaning of ISA in Real Estate In real estate, ISA stands for Inside Sales Agent. An inside sales agent’s job is to follow up with leads. Their role, and ultimately their goal, is to convert these leads into appointments or sales.  How do they do

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house sold concept
Real Estate Definitions

What Does Off Market Mean in Real Estate

Real estate inventory has remained tight in most markets across the country including Denver, CO and the trends aren’t changing. Therefore, you need to be ahead of the game as a potential homebuyer. You need to be aware of off-market listings which sometimes is referred to as pocket listings. They

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condemned home
Real Estate Definitions

What Is Condemnation in Real Estate?

Condemnation is a legal process through which private property is acquired by the government or a private entity. Let’s keep defining the meaning of this real estate term: Typically, it is done for two main reasons: eminent domain or to enforce safety and local codes. Condemnation can be permanent or

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house
Real Estate Definitions

What Does Withdrawn Mean in Real Estate?

In real estate, the term withdrawn listing describes a situation where home sellers feel like they no longer want to sell.  They instruct their real estate agent to withdraw the listing and change the status of the property to no longer active. Once this process is complete the home that

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Real Estate Definitions

What Does Et Al Mean in Real Estate?

Welcome to the world of real estate, where every term matters! Today, we’re diving into the intriguing world of ‘et al’—a tiny term with a big impact. Here’s what you’ll discover: What ‘Et Al’ Means Who Uses It and Why Navigating ‘Et Al’    I looked into “et al” because I

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man with money and house in hand
Real Estate Definitions

What Is GCI in Real Estate? And How Is It Calculated?

GCI is a real estate acronym that is pretty straightforward and easy to understand. However if you’re a realtor you eat what you kill (i.e. get paid on the deals you close) and because of this GCI needs to be defined and understood clearly. And before your head starts swirling because of

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