Help Clients Understand Real Estate Terms

How can your clients make informed real estate decisions if they don’t understand the words and phrases in the industry?

Educating your clients is a critical service you provide, and you can rely on glossaries from trustworthy sources to help. 

For example, the next time a client asks you what an MLS is, you can point to the definition: An organization that collects, compiles and distributes information about homes listed for sale by its members, who are real estate brokers. Or if clients want to know about earnest money, simply refer to the FTC’s definition: a deposit to show that you’re committed to buying the home.

Source: Texas REALTORS®