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Real Estate Terms

A-Z Real Estate Terms

Like any profession, the real estate industry has a language of its own. Many of these terms I’m sure you will already be aware of but there may be some you have not come across.

Auction
A preferred marketing option where you list your property without a price, supported by very intensive marketing leading buyers to the auction day, where they must bid against each other to successfully purchase your property in an unconditional situation.

Auctioneer
Person holding an auctioneer's license and able to conduct and call auctions.

CMA
Current or