If you're currently searching for any kind of property to buy than there's a good chance that you're spending at least some of your time at home browsing through the available MLS listings for a home in Atlanta or industrial space Toronto based. This is how the majority of people are now finding their next condo or first store for their new business and it can certainly be a convenient and useful tool. But, before you can dive in to the hundreds of properties that are currently on real estate sites you need to understand the shorthand and codes that might be used within the descriptions. Here are some of the terms and acronyms that you might find and what they mean.

When looking at an MLS listing the first thing that you're going to want to do is check the status of that listing. Out of the thousand of Richmond VA real estate listings or properties online for Vancouver not all of them are actually in a state where they are available to buy. This will also tell you something about how that property has done on the market. An active listing is marked ACTV and real estate that is sold is CLSD. BOMK means that the listing is back on the market after it expired or was canceled and PCHG means that there has been a change in price.

When looking at the information regarding bedrooms and bathrooms you might be a little confused at the numbers that you see. If you find that it's marked 2.0 bathrooms for that Toronto real estate listing that means that there are two full bathrooms. 2.1 means that there are two full bathrooms and one two-piece bathroom. If you are looking for a property that has an ensuite bathroom for the master bedroom than you are looking for the code ENS. With bedrooms, 2.1 would mean that there are two bedrooms on the main or upper floors and one bedroom below ground, like in the basement.

There are literally hundreds of abbreviations that real estate agents can use when they're making an MLS listings and it would be impossible to memorize them all. If you're interested in certain features that you would like to be included in your Toronto loft or California condo than you should look up what those codes might be. You can also keep a window open with all of the potential codes when you're looking up different MLS listings. You might even find that the same code can mean a few different things based on if it was written by a Remax Georgian Bay agent or someone from an independent firm in Victoria.




Copyright (c) 2008 -