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A situation in a given area where there has been more real estate construction than the market can absorb within a reasonable time.
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∙ 11y ago
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What is another term for real estate?
Other words that can describe real estate are: land, real property, realty.
What does bom mean in real estate?
In real estate, the term bom used as the acronym for Back On the Market.
What does subastas inmobiliarias mean in English?
Subastas immobiliarias' is a Spanish term. When this term is translated from Spanish to English, 'subastas immobiliarias' means 'real estate auctions'.
What is the term used post sale in real estate means?
Post-sale in any context, not just real estate, means after the sale of the property or item. Post is a Latin word meaning after, like post-war, meaning after the war.
What are restrictions on real estate licensing in ny?
Here is a good answer for that, from AgentCampus.com"New York Real Estate Continuing Education RequirementsAll licensees are required to successfully complete 22.5 hours of approved continuing education, including at least 3 hours of instruction pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest of real property, within the two-year period immediately preceding a renewal.Any salesperson who successfully completes an approved broker qualifying course (which requires passing the final exam), within their current term, will receive continuing education credit for completion of that course. Please note: The broker course does not satisfy the mandatory 3 hour fair housing requirement.ExemptionsEither of the below are exempt from the continuing education requirements:* Any licensed real estate broker who is engaged full time in the real estate business and who has been licensed prior to July 1, 2008 for at least 15 consecutive years immediately preceding renewal or* an attorney admitted to the New York State Bar who holds a real estate broker's license."
What is another term for real estate?
Other words that can describe real estate are: land, real property, realty.
What does bom mean in real estate?
In real estate, the term bom used as the acronym for Back On the Market.
What is commercial real estate?
Commercial real estate is a very simple question to answer after completing my current studies on this topic. Commercial real estate is a broad term and basically is any type of property other than a single family home or a residential building lot located in a neighbourhood.
What does comparables mean when referred to as a real estate term?
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined methods, when performing a real estate appraisal.
What is the difference between real estate tax and estate tax?
Real estate tax is tax that is levied on buildingsor other real estate that you possess, be it your own home, a holiday cottage, land or an office building.Estate tax is tax levied on the net worth of all your possessions. The term 'estate' is most commonly used to describe the possessions of someone who has died.
What is meant by the term immobilienfonds?
Immobilienfonds means real estate funds. This is a German word which several real estate and legal structures, which may be referred to as real estate funds.
What does real estate taxes mean?
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
Are townhomes bigger than condos?
A townhome is a style of home; a condominium is a form of real estate ownership. Neither term reflects a size.
Would you capitalize 'real estate broker'?
No, the term "real estate broker" is not typically capitalized unless it is at the beginning of a sentence or part of a title.
Why is the Cap Rate used to evaluate Real Estate?
This is used in real estate to measure return on investment, otherwise known as ROI. Another term that is much more familiar to people includes the term net income.
What does the term bliss mean in real estate?
Bliss stands for Perfect happiness but in real estate it refers to --Bliss is a city in Gooding County, Idaho, United States.
How often do people watch the commercial real estate on television?
Commercial real estate isn't actually a commercial on television. The term commercial real estate refers to properties or buildings used to generate a profit, usually through renting them out to other people.
