How To Read: Real Estate Adverts Edition
Have you ever made the mistake of checking out a property with “good bones”? What about one with a conveniently sized “junior bedroom”? Or maybe you discovered a house that was listed as having “in-law potential” (one with theoretical space for an additional room or apartment)?
If you have, you’ve already received a rude awakening about the nature of the real estate market. And for those who have yet to see what that “efficiency kitchen” you were sweet-talked into viewing really looks like, your moment will soon come. (Get a head start on learning the lingo here.)
- FYI: It doesn’t refer to how the space will adequately accommodate your plus-size appliances
Cute is To Comfy as Rustic is To Charming
Since some of our own employees have been shopping for new homes, we’ve started noticing how deceiving—and yes, amusing—real estate lingo can be. Just sift through the latest real estate advertisements and you’ll find an abundance of indecipherable descriptions. Here are a few of our favorites:
- A “cute house”—or, the convenience of cleaning dishes while using the toilet
- “Great starter home”—AKA, if you’re lucky, it has a sturdy roof and four walls
While agents may try to convince you that it’s the language of persuasion, we’re busy wondering how such ridiculous descriptions were created in the first place. Most real estate jargon is closer to fabrication than reality, as you’ll soon notice:
- Don’t be surprised if you check out a property where “needs TLC” actually means “use of any plumbing feature will result in a startling shower of hazardous waste”
- Also pay attention to how agents brand themselves—”top producers” likely have a measly number of clients, while “local experts” know about as much of the area as someone across the country who’s never heard of the city
A Handy Infographic for Deciphering Real-Estate Speak
Here, you’ll find Movoto Real Estate’s own interpretation of common real estate jargon that we’ve heard about (or unfortunately had directed at us). Feel free to consider it a guide for maneuvering your next housing adventure, or for use if you’re in need of a good laugh. Forget memes and Tumblr—a glimpse at our infographic should give you a glorious moment of uncontrollable giggles. It did for us.
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Who is Movoto Real Estate, you might ask? Movoto is a national online real estate brokerage. Our blog has been recognized for its unique approach to city-based research by major news organizations around the world such as Forbes, CBS News, and The New York Times.