In the face of an ever-increasing global population, dwindling freshwater resources, and shifting weather patterns, it’s becoming essential for the real estate industry to think about sustainable water usage. Whether it’s designing…
Category: Real estate technology and innovation
What Does BOM Mean in Real Estate?
In real estate, “BOM” stands for “Back on Market.” This term is used to indicate that a property that was previously under contract is now available again for sale. When a property…
How Data Reshaping Real Estate?
Data is reshaping the real estate industry in unprecedented ways. With the rise of big data and technological advancements, the way real estate professionals collect, analyze, and utilize data is changing rapidly….
What to Wear to a Real Estate Interview?
First impressions are everything, and what you wear to a real estate interview can greatly impact your potential employer. Here are some tips on what to wear to a real estate interview:…
What Does Turnkey Mean In Florida Real Estate?
Turnkey real estate in Florida means a property that is ready for immediate occupancy. As an investor, you don’t have to worry about doing any repairs or renovations – the current owner…
What is Entitlement in Real Estate?
Entitlement in real estate refers to the rights and privileges associated with owning or using a property. It is a legal term that encompasses zoning, building permits, public infrastructure improvements, and other…
What Does CTG Mean In Real Estate?
CTG stands for “Contract to Go,” which is a type of real estate contract that is used in some states. The Contract to Go (CTG) agreement is a legally binding document between…
What Does DRE Mean In Real Estate?
DRE stands for the Department of Real Estate, a division of the California Department of Business Oversight (DBO). The Department of Real Estate was established in 1917. The Department of Real Estate…
What is A Dry Closing In Real Estate?
A dry closing – also known as a table closing or signing appointment – is the final step in purchasing real estate. It’s when all documents are signed and exchanged, officially transferring…
What Do Real Estate Agents Do Daily?
Real estate agents are professionals who play a key role in the housing market. On a daily basis, they help buyers and sellers navigate the complexities of finding and selling properties. They…