Listing

Definition

A property advertised for sale or rent, typically appearing on real estate websites and the Multiple Listing Service (MLS). The digital equivalent of a 'for sale' sign, but with better analytics.

Example Usage

The listing went live on Monday and we had three offers by Friday.

Origin

From the act of 'listing' items in a catalog or register

Fun Fact

The most expensive listing ever shown on MLS was a Beverly Hills mansion listed at $500 million—it eventually sold for $85 million, still a bargain!

Source: MLS and real estate marketing terminology

Related Terms

Intermediate

Rent-to-Own

Renting with an option to purchase later, effectively allowing tenants to try homeownership before committing.

🏠 Real Estate

Intermediate

fractional

Partial ownership or time-sharing of an expensive asset (real estate, jets, yachts) without the full price tag or commitment. For people who want the luxury experience but want to hedge their bets. It's basically 'I don't want to fully commit to this $20 million decision.'

🏠 Real Estate

Intermediate

debt-to-income ratio

The percentage of your gross monthly income that goes toward debt payments, used by lenders to determine if you can afford a mortgage. It's basically a mathematical judgment of your life choices.

🏠 Real Estate

Advanced

deficiency judgment

A court order making borrowers personally liable for the difference between foreclosure sale proceeds and loan balance. The foreclosure wasn't punishment enough—now they want your other assets too.

🏠 Real Estate

Intermediate

flood zone

A FEMA-designated area with specific flood risk levels that determine insurance requirements and costs. It's the government's way of telling you that 'waterfront property' might be more literal than you hoped.

🏠 Real Estate

Intermediate

Contingency Clause

Specific conditions that must be met for a contract to proceed, the legal equivalent of 'but first...'

🏠 Real Estate

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