John Alexandrov's Real Estate Inner Circle

Real Estate Word of the Week

It's word of the week time. Today's real estate word is:

Neighborhood Life-Cycle

The evolution of neighborhood use and demographics over time. Economic fluctuations, municipal zoning changes and population shifts can effect the life cycle.

Do you have a good sense of what factors contribute to the economic fluctuations in that market, the zoning laws, and the demographics?

Is this information in your pre-listing packet as an easy way to establish your credibility?

If you want help designing a pre-listing packet sign-up for a free coaching call today ------> Free 1-hour call

Dedicated to your success,

John Alexandrov,

CEO, Real Estate Inner Circle

Real Estate Word of the Week

Working with so many people in the real estate industry, or connected to the industry, I thought it would be helpful to highlight some of the terms that industry insiders use every day.

The first Real Estate Word of the Week is....

Option Fee

What it is it?

This is a pretty straight forward one.

An amount of money paid to a Seller by a prospective Buyer in order for the Buyer to obtain an option to purchase a property.

As agents, you probably want to hear the words "option fee" a lot then right?

Hope you enjoy this weekly feature!

Dedicated to your success,

John Alexandrov,

CEO, Real Estate Inner Circle