What is SFH real estate?
Single-Family Units- Merits of Investing A single-family home (SFH) is a property with only one family (unit). It’s a multi-unit when there is more than one family or tenants living in different units of the building. There are many benefits of investing in Chicago real estate.
What are the acronyms in real estate?
Real Estate Abbreviations
- ARV – After-Repaired Value.
- CCIM – Certified Commercial Investment Member.
- COO or C of O – Certificate of Occupancy.
- CMA – Comparative Market Analysis.
- COCR or CCR – Cash on Cash Return.
- COF – Cost of Funds.
- CRE – Creative Real Estate.
- CRE – Commercial Real Estate.
What is the abbreviation for real estate agent?
REALTOR®: Real estate professional who is member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics, which is based on professionalism and protection of the public.
Is it cheaper to buy a townhouse?
Townhouses. Most modern townhouses have small footprints, multiple floors and shared exterior walls with neighboring homes within the community. Some townhouses might have small yards or patios, and can be much cheaper to buy than a single-family home. Townhouses, like condos, usually come with HOA rules and dues.
What does DDF mean in real estate?
DATA DISTRIBUTION FACILITY
DATA DISTRIBUTION FACILITY (DDF) Under DDF, any participating agent has access to listings from all other participating agents. Agents also can syndicate their listings to 3rd party websites. The idea is to address fragmentation by creating a nation-wide warehouse of property listings.
What Does cir mean in real estate?
CIR. Continuing Intelligence Requirement. CIR. Compagnie Immobilière de Restauration (French real estate company)
What is RETS IDX?
A RETS data feed is also a direct connection between your website and your MLS. This can free you from reliance on an IDX vendor for your website data. In common usage, IDX refers to two technologies—framing and FTP. They both have a few disadvantages compared to RETS. Framing involves no actual data transfer.