Posts from November 18th, 2019

Sprague & Curtis Real Estate Blog

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November
18

Real Estate Terms to Know

Whether you're listing your first home, or if you're a seasoned pro at flipping houses, there are many real estate terms you'll hear. If you're considering listing your property among other Augusta homes for sale, you will need to become familiar with this terminology to make the process easier for you. Acquainting yourself with some of the verbiage discussed below will make your home-listing experience more enjoyable.

Terms You Should Know When Listing Your Home

Once you familiarize yourself with even some of the basic definitions, the process will become easier for you. If you need help clarifying some of the more complex terms, our REALTORS® can help you better understand what they mean for you as a buyer or seller.

One of the first terms to acquaint yourself with is the combination of a buyer's agent and listing agent. A buyer's agent will represent you in the sale of your home while finding potential buyers. While a listing agent will handle the marketing and prepping of your home throughout the process. Principal refers to the amount owed to the lender, which the buyer pays with interest, and using a certified REALTOR® will ensure ethical standards are upheld during the listing.

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