In real estate, the abbreviation "RE" typically stands for "real estate." It can also refer to "real estate investment," which involves purchasing properties for profit. Additionally, "RE" may represent "real estate agent," a professional who assists buyers and sellers in property transactions. Overall, the abbreviation encompasses various aspects of the real estate industry.
Price change
REO is an abbreviation for Real Estate Owned and refers to property which is in the possession of a lender as a result of foreclosure or forfeiture.
"Contingent with No Kick Out."
Days on Market
The abbreviation NAIOP stands for National Association of Industrial and Office properties. This is a trade group for investors and developers of commercial real estate.
Price change
REO is an abbreviation for Real Estate Owned and refers to property which is in the possession of a lender as a result of foreclosure or forfeiture.
"Et al" means "and others" in latin.
Contingency.
The abbreviation for real estate is RE. Of course, it would have to be used in an appropriate context to have that meaning since RE can be used in other contexts.
Price changed
"Contingent with No Kick Out."
The abbreviation for real estate is RE. Of course, it would have to be used in an appropriate context to have that meaning since RE can be used in other contexts.
Contingent upon Financiing.
Days on Market
IT is not common to see BOM being used in real estate financing, it is a commonly used abbreviation for "Back On Market." This could be because the financing fell through, causing the seller to put it back on the market.
BGP stands for British Guernsey pound