Remove Brokerage Remove MLS Remove Short sale Remove Termite Report
article thumbnail

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

The Close

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. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Multiple listing service (MLS).