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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. Owner financing. Construction loan. Contingency. Related Article. Chances are your client is too.

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How to Sell a House By Owner in Wisconsin: A Badger State FSBO Guide

HomeLight

In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. Before signing anything, here are key considerations when considering an offer on your Wisconsin home: If you haven’t already, vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.