Glossary

Complicated real estate jargon can make your buying or selling experience even more confusing. That's why we're defining and demystifying some of the most commonly used real estate terms.

25+ Words to Know as You Browse Listings
Glossary
25+ Words to Know as You Browse Listings

To help you make sense of listing descriptions, we put together a list of the common and not-so-common terms and idioms you may encounter.

Can You Still Make an Offer? Listing Statuses, Explained
Glossary
Can You Still Make an Offer? Listing Statuses, Explained

A listing goes through many stages before it’s sold or taken off the market. Our guide defines all the statuses so you know whether you can still make an offer.

A-Z Glossary: 50+ Common Real Estate Terms You Should Know
Glossary
A-Z Glossary: 50+ Common Real Estate Terms You Should Know

Don't let real estate jargon overcomplicate your buying and selling experience. Our glossary is here to help you understand the most important terms.

What is an Open House? Everything Buyers and Sellers Need to Know
Glossary
What is an Open House? Everything Buyers and Sellers Need to Know

Wondering exactly what an open house in real estate is? This post walks buyers and sellers through everything they need to know to make the most of open houses.

What is a Home Sale Contingency?
Glossary
What is a Home Sale Contingency?

Juggling both buying and selling isn’t easy. That's why some people add a home sale contingency in their offer on a new home. Here's what a contingency means.

What is an Option Period?
Texas
What is an Option Period?

Are you buying or selling a home in Texas? One feature that’s unique to the Texas real estate market is the option period. So how does an option period work?

What is An Earnest Money Deposit?
Glossary
What is An Earnest Money Deposit?

One real estate element that many of us tend to forget is the earnest money deposit. Whether you’re a buyer or seller, here’s what you’ll want to know.

What Does Active Contingent Mean?
Glossary
What Does Active Contingent Mean?

At some point, you may have come across an "active contingent" listing. Here’s a look at what active contingent means and what active contingent status is.

What is a Contingent Offer?
Glossary
What is a Contingent Offer?

There are a ton of details that go into a real estate contract, from concessions to contingencies. Let's break down what a contingent offer means.

What is an Appraisal Contingency?
Glossary
What is an Appraisal Contingency?

If you’re a potential home buyer or seller, you'll want to know everything about appraisal contingencies for real estate and how they can affect your home sale.

An Overview of Seller Concessions When Selling a Home
Glossary
An Overview of Seller Concessions When Selling a Home

One piece of the real estate puzzle that a home buyer and seller will likely negotiate is a seller concession. Here’s exactly what a seller concession means.

What Does Contingent Mean in Real Estate?
Glossary
What Does Contingent Mean in Real Estate?

Real estate lingo can get pretty complex. A “contingent offer” could decide if your real estate transaction is simple or stressful, so here’s what it means.