First National

First National

Friday, June 7, 2013

Real estate agents' tricks now open for inspection

 

You've probably experienced a situation where you may feel like you have been "fooled" by agents who speak up properties and then..... turns out to be way off your expectations. Here's some lines used by real estate agents and their translations! Get to know them and get the property YOU want :) What is the true meaning of the words used....

Estate agent speak "The property has excellent transport links"
Translation "There's a motorway and or busy railway line right next to it"

Estate agent speak "In need of modernisation"
Translation "This property hasn't been updated since the 1970s and needs a complete refit"

Estate agent speak "An ideal purchase as your first three-bedroom home"
Translation "You can barely fit a bed into the third bedroom"

Estate agent speak "Set within a purpose-built residential development"
Translation "This property is in the middle of a large housing estate"

Estate agent speak "Easy-to-maintain living space"
Translation "It's really incredibly small"

Estate agent speak "Conveniently located"
Translation "Next door to a busy main road and above a take away"

Estate agent speak "Unexpectedly re-available"
Translation "The previous buyer pulled out at the last minute due to major problems or the surveyor revealed that the property was vastly overpriced"

Estate agent speak "Reduced"
Translation "Desperate"

Estate agent speak "Within easy reach of local schools"
Translation "Kids will congregate outside your house at lunchtime and drop litter all over your driveway."

Estate agent speak "Ideal for the first-time buyer or as a buy-to-let investment"
Translation "The property's small and in a terrible area"

Estate agent speak "Tremendous scope for improvement. A real blank canvas"
Translation "Derelict"

Estate agent speak "In need of some updating and offered with no onward chain"
Translation "An old lady has recently died in the house and it hasn't been decorated since she originally moved in 50 years ago"

Estate agent speak "A garden flat"
Translation "A dark and most probably damp basement flat"

Estate agent speak "The property has many character features"
Translation "The ceilings are extremely low"

Estate agent speak "Low maintenance rear garden"
Translation "The garden is concrete"

Estate agent speak "Situated in a stamp duty exempt area"
Translation "Situated in a deprived part of town"

Estate agent speak "New price!"
Translation "This property was massively overpriced in the first place"

Estate agent speak " Character…."
Translation "Dilapidated"

Hope that was of great help to you!!

It's all in the description.

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