Category: Home Selling Strategies

Real Estate Term of the Day: “Location, Location, Location”

April 15, 2015

Real Estate Term of the Day: “Location, Location, Location” “LOCATION, LOCATION, LOCATION” – the “three most important things about real estate”; a popular statement that emphasizes the importance of location with respect to the value of urban real estate (Barron’s Dictionary of Real Estate Terms)  But is it all about location, location, location? I was … More Real Estate Term of the Day: “Location, Location, Location”

Real Estate Term of the Day: Listing Agreement

April 10, 2015

Real Estate Term of the Day: Listing Agreement LISTING AGREEMENT – a contract between a seller and a real estate professional to market and sell a home. A listing agreement obligates the real estate professional to seek qualified buyers, report all purchase offers and help negotiate the highest possible price and most favorable terms for … More Real Estate Term of the Day: Listing Agreement

Real Estate Term of the Day: Liquidated Damages

April 9, 2015

Real Estate Term of the Day: Liquidated Damages LIQUIDATED DAMAGES – an amount agreed upon on in a contract that one party will pay the other in the event of a breach of contract (Barron’s Dictionary of Real Estate Terms)  According to Section 21 of the Colorado Real Estate Commission approved Contract to Buy and Sell Real Estate, liquidated … More Real Estate Term of the Day: Liquidated Damages

Real Estate Term of the Day: Legal Description & Lot and Block

April 7, 2015

Real Estate Term of the Day: Legal Description & Lot and Block LEGAL DESCRIPTION – legally acceptable identification of real estate by one of the following: Metes and Bounds or recorded plat (Lot and Block Number) (Barron’s Dictionary of Real Estate Terms)  LOT AND BLOCK NUMBER –  a method of location a parcel of land (Barron’s … More Real Estate Term of the Day: Legal Description & Lot and Block