Even if youre not in the market to purchase a home youve likely been exposed to certain buzz words used in ads and other marketing media to get your attention and make you want to see the home.
If you are in the market to buy a home, its important that you know the tricks of the real estate trade and not get sucked in to the hype. Besides wasting your time looking at duds, you may find yourself spending too much money on one.
One real estate agent said that words in real estate listings such as charming, fantastic and cozy make the property sound great, but may actually mean something else. For example, the word, charming, may mean that its tiny, dark and old.
Exclamation points after the words should also alert you to problems you may find in the home. When fantastic and great neighborhood is followed with exclamation points in real estate ads you can expect to find problems in the house.
Some terms are used by real estate agents who are too lazy to choose something better. Such as cozy. Cozy should alert you to the fact that the house is most likely small. Other terms used in ads such as gourmet and granite may signal you that the home is going to be higher priced than some others.
The top buzz words that are overused in the real estate market include – upgraded finishes, spacious, prestigious, trendy, upgraded finishes, diamond-in-the-rough, sun-drenched, dream house and great potential.
All buzz words are designed to grab your attention, help you picture the coziness and trendiness the home offers and to extract the top selling price from you. When a realt estate agent doesnt list the size of the home, but calls it open floor plan you might be disappointed to see a cramped apartment where that spaciousness includes the living room, bedroom and kitchen all in one room.
You can expect a home thats advertised as has great potential or renovators dream to need repairs or renovation. And, near transportation could mean its in the middle of a very noisy area.
Garnering the support of a real estate agent can help you maneuver the treacherous path of home buying. He or she will know the market in the area in which youre looking and be better able to steer you away or toward a home youll love based on the conversation(s) youll have.
Shell probably also be familiar with the property and know if buzz words were used to make it seem more attractive. Shell tell you when the overused phrases arent really indicative of the property itself.
These real estate buzz words can be very misleading if you take them literally. But, it does help your real estate agent in her quest to find out what your requirements are. Its best to create your own list of adjectives youd use when finding your dream home.
That list can make it less likely that youll fall into the hype of buzz words and save you lots of time on fruitless searches.