It’s Not Greek, It’s just ‘Real Estate’ Talk: De-coding the Language of Home Selling I totally get it! You’re thinkin’ about selling your home but you’re feeling a bit overwhelmed by what’s involved. So many “gurus” out there telling you to do so many things. And then, to make matters worse, they use terms that sound almost like a foreign language. No worries. Here are some home-selling terms and their meaning in plain English. So long as you have an experienced agent representing you (like me!), no need to worry about fully understanding the nuances CMA (a “Comparative Marketing Analysis” or “Home Valuation”) A CMA is an analysis real estate pros perform, looking at the local market and comparable homes that recently sold (often called “comps”) as well as those currently on the market and are pending (or failed to sell). After studying, your real estate agent prepares a report estimating your home’s current market value. Escrow (aka the “paperwork” held by a th...
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