Contingent – It’s one of those real estate terms that often leaves homebuyers scratching their heads. You’ve likely come across it while scrolling through property listings or chatting with your real estate agent. But what does it really mean? In the...
Are you looking to invest in real estate but overwhelmed by the various financial jargon being thrown around? Fear not, as we delve into one of the most important terms in real estate – Net Operating Income (NOI). Understanding NOI is crucial to making...
Imagine owning a prime piece of real estate in the heart of a bustling city. Now imagine owning a prime piece of digital real estate in the world of the internet. Yes, it’s a thing! Digital real estate, also known as virtual real estate, has become a major asset...
What are listings in real estate? First things first, let’s define what we mean by “listings”. In real estate, a listing refers to a property that’s being offered for sale or rent by a real estate agent. As an agent, your goal is to secure as...
What exactly is a transfer tax? Simply put, it’s a tax that’s levied on the transfer of property from one owner to another. It can also be called a “transfer fee” or a “stamp tax.” Now, let’s dive a little deeper. Transfer...
Understanding Real Estate Notes As a seasoned real estate agent, I’m here to tell you all about real estate notes. These can be a little confusing for those new to the real estate game, but don’t worry – I’m here to break it all down for you....