What does AMA mean in real estate?

How do you abbreviate real estate broker?

CRB: CRB stands for “certified real estate broker,” a special designation for brokers offered by the National Association of Realtors. CRE: CRE, or commercial real estate, refers to real estate used for business purposes rather than private property (or residential real estate).

What does MLR stand for in real estate?

A market leasing assumption (MLA), sometimes known as a speculative rent profile (spec rent) or market rent, is an accounting method used in commercial real estate to produce budget predictions and valuations.

What does ASL mean in real estate?

The wonderful world of real estate is full of twists, turns, negotiations, and legalese. Most people struggle to grasp the language and terms clearly. If ASL, American Sign Language, is their primary language, having a realtor fluent in ASL could be quite helpful.

What is DA in real estate?

What Is a Disbursement Authorization (DA)? Most state real estate boards will allow a Market Center to present a DA to the closing entity and have the closing entity disburse the broker’s funds at the closing table.

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How do you abbreviate million in real estate?

Those rates are expressed per thousand and the MM denotes millions.

What does T O stand for?

T/O

Acronym Definition
T/O Time Out
T/O Take Out (restaurant food)
T/O Turnover
T/O Takeoff

What does BD mean in houses?

Common Abbreviations • Bedroom: BR, bdr, bdrm • Air Conditioning: A/C, air cond • Available: Avl • Furnished: F, furn, f. Page 1. Common Abbreviations. • Bedroom: BR, bdr, bdrm. • Air Conditioning: A/C, air cond.

Is Zillow an MLS?

Zillow is a marketing company that has chosen real estate as their vehicle. … The MLS (Multiple Listing Service) is the local database of ALL homes for sale by all real estate brokers. Zillow is the devil to most real estate brokers.

How much should I offer vs asking price?

Some real estate professionals suggest offering 1% – 3% more than the asking price to make the offer competitive, while others suggest simply offering a few thousand dollars more than the current highest bid.

Can two realtors list the same property?

Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing.

What does CR mean in real estate?

14 What is a CR, and why do we need them? CR’s, the short for Conservation Restrictions is an agreement that is held by another party, not related to the owner of an open space land parcel, purchased with funds from the Community Preservation Act.

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What does CCR stand for?

CCR

Acronym Definition
CCR Creedence Clearwater Revisited (band)
CCR Covenants, Conditions, and Restrictions (insurance; real estate)
CCR Corporate Citizenship Report
CCR Credit Control Request (online charging)

What does CTG mean in real estate?

Contingent (or CTG): Effectively the same as UAG or Under Agreement, Contingent means that there is an accepted, signed offer. It is a legally binding agreement, but sometimes the sellers will take “backup offers” just in case something happens and the property goes back on the active market.