Remove Brokerage Remove Development Remove MLS Remove Termite Report
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract.