Real estate agents perform a valuable job for both buyers and sellers, but as it’s their aim to find the most buyers for properties they have listed, their descriptions can often be a little on the optimistic side. Here’s my guide to how agents may answer your questions, and the real meaning that could lie hidden behind their words.
What size is the property?
It’s cute = cramped
It’s cosy = tiny
What condition is it in?
The house is filled with character features = it’s dilapidated
This is a handyman special = get ready to spend some time, money and patience
The place is spotless = no one has lived there for years
It’s a retro special = it hasn’t been touched in a generation
There’s scope for improvement = it needs major work
This property is a blank canvas = it’s derelict
How about its appearance?
It’s unique = very strange
It’s quirky = shocking
Where is it located?
It’s in a purpose-built area = it’s part of a large housing estate
This will suit a first-time buyer = it’s in a terrible location
There are excellent transport links = it’s next to a busy freeway
It’s located in an idyllic setting = there’s no shops, schools, or neighbours for miles
What about the price?
The sellers are motivated = it’s about to be repossessed
The property has become unexpectedly re-available = the previous buyer pulled out
The asking price has been reduced = the owner is desperate
Owner says sell = the owner is really desperate