plans

Definition

Either a technical drawing showing how something is built or designed (especially buildings viewed from above), or a set of coordinated actions intended to achieve a goal. Real estate agents live by these; architects obsess over them.

Example Usage

The developer submitted architectural plans showing 47 identical luxury units arranged in what they optimistically called a 'community.'

Source: Merriam-Webster via Free Dictionary API

Related Terms

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Sweat Equity

The value you add to a property through your own labor, tears, and increasingly creative profanity. It's free if you don't count the hospital visits, marriage counseling, and weekends you'll never get back.

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seller's market

A real estate hellscape where buyers compete gladiaps-style for overpriced homes, waiving inspections and offering their firstborn as closing gifts. It's when sellers can list a 900-square-foot teardown for $800K and receive 15 all-cash offers.

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appliances

The expensive metal boxes that come with your home and inevitably break one week after the warranty expires. In real estate listings, 'stainless steel appliances' is code for 'we did the bare minimum to make this place sellable,' while 'appliances included' means they're too old to bother moving. These kitchen and laundry machines represent the intersection of necessity, status symbol, and planned obsolescence.

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CMA

Comparative Market Analysis—a report comparing similar properties to determine a home's market value. It's like Zillow's estimate, except prepared by an actual human who might know what they're doing.

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deal fatigue

The emotional and mental exhaustion that sets in during prolonged negotiations, causing parties to make concessions just to end the process. It's why closing dates keep getting extended and everyone starts hating everyone else.

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title search

A deep dive into public records to verify legal ownership and uncover liens, judgments, or claims. Property background check revealing whether you're buying real estate or a lawsuit.

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