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

The Close

Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. 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. Proof of funds.

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10 Things Your Real Estate Business Plan Needs (FREE Template)

Kyle Handy

Documentation: Ensure that all necessary documents, such as pre-approval letters and proof of funds, are in order. Keep in mind: Research: Analyze comparable properties in the area to establish a competitive price for the offer. KPIs are quantifiable metrics that help you evaluate the effectiveness of your strategies.

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How to Buy a House in Fremont: The Ins and Outs Needed to Beat the Competition

HomeLight

The city is quickly building up the area and hopes to make it an innovation district with more clean technology companies, more residential complexes, and mixed-use buildings. Warm Springs holds the only other BART station, and there you can pick up the AC Transit or VTA as well, providing quick access to San Jose.