Remove Days on market Remove Earnest money deposit Remove Finance Remove Termite Report
article thumbnail

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

The Close

A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. A down payment is the amount of money that a buyer puts down to secure a mortgage on a property.