Real Estate Glossary

   

R

Redemption
Paying off a loan.

Real Estate Agency
A real estate company in which an licensed estate principal engages a real estate  negotiator in the sale or rent of real estate property

Real Estate Agents
A person licensed to negotiate and transact the sale of real estate on behalf of the property owner.

Real Estate Developer
An individual or company who combines raw land, roads, utilities, buildings, financing, and promotion into a completed operating property.

Real Estate Investment Trust (REIT)
Publicly traded trusts or associations that pool investors' capital to invest in a variety of real estate ventures, such as apartment and office buildings, shopping centers, medical facilities, industrial buildings, and hotels.

Real Estate Negotiators
A person representing the real estate company to negotiate and transact the sale of real estate on behalf of the property owner.
 
Refinance
Refinance is the process of obtaining a new loan to replace an existing loan or lease balance.

 

 

 

 
 
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