real estate translationsEver wonder what REALTORS really mean? See below for the BREL translation of frequently used property description phrases…

Amazing price/Priced below market! – Probably NOT an amazing price or priced below market

Bigger than it appears – NOT big or I took those crappy photos on my Blackberry.

Calling all Contractors! – Literally, this is a plea for contractor assistance. Experienced renovators only!

COZY house/master bedroom/yard – SMALL house/master bedroom/yard

Diamond in the Rough – Desperately in need of renovation

Eight kitchens and bathrooms – Illegal rooming house

Funky – An artist’s house – you’ll either love it or hate it. Walls likely all painted a different vibrant colour.

Hurry Won’t Last! – Especially funny when it’s been on the market for 85 days.

Leslieville North/Upper Bloor West Village/North Beaches/South Junction Triangle – not the neighbourhood you’re expecting but we’re trying to increase the price by referencing a more expensive neighbourhood

Location, location, location! – House is a disaster, but the location is good.

Needs TLC/Handyman Special – Home needs attention – hasn’t been renovated or maintained in a long time. Expect holes in walls, missing appliances and possible mold.

NEWER roof/appliances/floors – Not new, but replaced by the current owner in the last 5 years. Or so.

Partial lake view – If you stand on the balcony, lean all the way to the right and have 20/20 vision you’ll see a sliver of lake.

Priced Lower than the Last Sale – Seller wants a bidding war – they aren’t actually going to accept lower than the last sale.

Priced to Sell – Should indicate a motivated Seller, but we often see this on properties that have been on the market for a long time, so it’s probably more indicative of a motivated agent.

Recreation room with wet bar – Expect 1970’s wood panelling, shag carpets and one of those retro bars our parents used to have.

Same owner for 40 years – This is realtor-code for ‘the property hasn’t been renovated in 40 years’.

Show and sell – Still no idea what this means but I read it in an MLS listing at least once a week.

Spa-like bathroom – Usually just means there’s a nice showerhead and the towels are white

Unique floorplan – Usually weird floorplan, with odd additions, no upstairs bathroom or the main kitchen in the basement.

Do you have a favourite REALTOR phrase? Tell me  in the comments below!

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