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Glossary of Terms - Real Estate Marketing

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Glossary of Terms - Real Estate Marketing

Last updated: December 5 2011
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  • Glossary of Terms - Real Estate Marketing

    Ever wondered, what do these cute sounding adjectives mean that describe real estate advts ?
    Sample these :

    Spacious - average
    Charming - small
    Comfortable - very small
    Cozy - very, very small
    Low maintenance - no lawn
    Walk to stores - nowhere to park your car
    Prestgious - expensive
    Bright and sunny - venetian blinds not included
    Townhouse - former tenement
    Modern - 30 to 40 years old
    Contemporary - at least 15 years old
    Sprawling ranch - inefficient floor plan
    Natural setting - forget about planting, the deer will eat everything
    Secluded setting - far away
    Executive neighborhood - high taxes
    Near houses of worship - fanatical denomination next door
    Park-like setting - a tree on the block
    Unaffected charm - needs painting
    Starter home - run down
    Hurry! Won't last - about to collapse
    And much, much more - nothing else comes to mind
    Ram
  • #2

    #2

    Re : Glossary of Terms - Real Estate Marketing

    I would like to continue the list...

    * Old charmer - an old and ugly house
    * Sunny corner lot - noisy intersection of two busy streets
    * Easy freeway access - noisy arterial street close to freeway
    * Low maintenance lot - no yard; the kids will have to play in the street
    * Ready to remodel - the house is about to collapse; you will have to invest twice the asking price in remodel before you can move in
    * Newly remodeled kitchen - 50-year old cabinetry and faucets have been replaced with cheap modern equivalents
    * Ready to move in - the interior has been painted with one coat of cheap paint
    * Desirable neighborhood - this little house is extravagantly overpriced because the neighborhood has a snobbish reputation
    * In-city living - it is not safe to walk in this neighborhood after dark
    * Lots of storage space - basement too small to be called a family room
    * Territorial view - good view of your neighbor’s bedroom window
    * Efficiently designed kitchen - the kitchen is too small to fit two people at the same time
    * Seasonal creek - muddy ditch across the property
    * Usable land - all the trees are gone.
    * Country living - too far from anywhere to drive to work
    * Cozy - not a single room could fit a full size bed
    * Close to all amenities - the backyard is a shopping mall parking
    * Must see inside - the outside is ugly
    * Motivated sellers - subtract 15% from the asking price
    * Near transportation - Heavy vehicles goes through the backyard, every 15 minutes, day and night
    * Pet friendly neighborhood - organic matter constantly deposited in the front lawn
    * Neighborhood watch - your next door neighbor has binoculars trained on your house
    * Just available - previous owner just died on the premises, hope you don’t believe in
    GHOSTS!!!
    Last edited October 15 2007, 09:47 AM.

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    • #3

      #3

      Re : Glossary of Terms - Real Estate Marketing

      thats really funnny...

      hey rex...
      quite a eye opener it is...
      keep em flowin buddy
      Ram

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      • #4

        #4

        Re : Glossary of Terms - Real Estate Marketing

        Definitely Pinnacle.
        Thanks

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        • #5

          #5

          Re : Glossary of Terms - Real Estate Marketing

          Originally posted by Pinnacle View Post
          Ever wondered, what do these cute sounding adjectives mean that describe real estate advts ?
          Sample these :

          Spacious - average
          Charming - small
          Comfortable - very small
          Cozy - very, very small
          Low maintenance - no lawn
          Walk to stores - nowhere to park your car
          Prestgious - expensive
          Bright and sunny - venetian blinds not included
          Townhouse - former tenement
          Modern - 30 to 40 years old
          Contemporary - at least 15 years old
          Sprawling ranch - inefficient floor plan
          Natural setting - forget about planting, the deer will eat everything
          Secluded setting - far away
          Executive neighborhood - high taxes
          Near houses of worship - fanatical denomination next door
          Park-like setting - a tree on the block
          Unaffected charm - needs painting
          Starter home - run down
          Hurry! Won't last - about to collapse
          And much, much more - nothing else comes to mind

          Potential buyers and sellers of real property at the current time; also, current transaction activity for real property.This includes markets for various property types, such as housing market, office market, condominium market, land market.

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