Real Estate Term of the Day: Material Fact

Real Estate Term of the Day: Material Fact MATERIAL FACT – a fact that is germane (relevant) to a particular situation; one that participants in the situation such as a trial, may reasonably expected to consider (Barron’s Dictionary of Real Estate Terms)  In the Colorado Real Estate Commission approved Exclusive Right-to-Buy Listing Contract and the Exclusive … More Real Estate Term of the Day: Material Fact

Real Estate Term of the Day: Market Price & Market Value

Real Estate Term of the Day: Market Price & Market Value MARKET PRICE – the actual price paid in a market transaction (Barron’s Dictionary of Real Estate Terms)  MARKET VALUE – the theoretical highest price a buyer, willing but not compelled to buy, would pay, and the lowest price a seller, willing but not compelled to … More Real Estate Term of the Day: Market Price & Market Value

Real Estate Term of the Day: Marketing Plan

Real Estate Term of the Day: Marketing Plan MARKETING PLAN – formal strategy for selling property (Barron’s Dictionary of Real Estate Terms)  Every marketing plan for selling real estate should include the following Maximizing your home’s exposure on the internet. Let’s face it 92% of the home buyers are searching for homes online. A great marketing plan … More Real Estate Term of the Day: Marketing Plan