Why Do Some Homes Have Frogs Above Their Garage??
AVONDALE, Ariz., Aug. 5 /PRNewswire/ -- With the downturn in the real
estate market, exaggerating a home's positive features and downplaying the
negative seems to have shifted into high gear. A member survey and report from
the National Association of Exclusive Buyer Agents (www.naeba.org) has
collected some of these euphemisms from around the country and they have been
published in a free report. The report, titled "Home Buying Euphemisms and
Lingo, How to Read Between the Lines When You're Shopping for a Home" helps
buyers better understand some of today's property descriptions and contains
survey responses both serious and humorous. The report is available as a free
download at the association Web site: http://www.naeba.org/euphemisms
"As the national organization of real estate companies who represent only
buyers, we try to help home buyers look at homes objectively. But as we are
evaluating homes with buyers we often run across this puffing from the real
estate agents working to sell the home for the highest price," reported Barry
Nystedt, President of the NAEBA.
The report includes actual agent experiences with listing descriptions and
provides four different strategies for buyers to use when they are evaluating
homes.
"Seeing the term FROG in the description is normally good news, since it
means Finished Room Over the Garage in many parts of the country. On the other
hand, seeing the phrase, subject to third party approval, often means a lot of
extra frustration for home buyers as explained in the report," Nystedt added.
The National Association of Exclusive Buyer Agents was founded in 1995 to
help consumers become educated home buyers. NAEBA is a nonprofit organization
whose purpose is to be the "champions of real estate buyers' rights and
representation." NAEBA offers industry standard certifications, ongoing
education, client referral services, technology and information sharing. The
NAEBA Code of Ethics pledges undivided loyalty to real estate buyers only.
More information about NAEBA can be found at www.naeba.org
SOURCE The National Association of Exclusive Buyer Agents
Kim Kahl of National Association of Exclusive Buyer Agents, Executive
Director, +1-888-623-2299, +1-888-NAEBA99, kkahl@naeba.info
