Dh in real estate lingo how to#
If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” A The catch is that they must sell one property and buy a similar one within a set time frame. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Download it now and add it to your new homebuyer drip campaign for 2023!Ĥ Key Interest Rate Questions That Could Save Your Clients MoneyĪnd now we present the 131 real estate terms you need to know-and be able to define for clients-in 2023: So we’ve included a handy download with questions your clients should ask their mortgage broker. After all, great communication leads to closed deals.įurthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. These real estate definitions will help you ensure you’re communicating with clients effectively. That’s why we compiled this comprehensive list. Even if you know every one of the 131 real estate terms on this list and how to use them, your clients expect you to be their interpreter throughout the transaction. Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients.
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