Uncategorized September 14, 2016

It’s all relative…



1. considered in relation to something else; comparative: the relative merits of democracy and monarchy.
2. existing or having its specific nature only by relation to something else;not absolute or independent: Happiness is relative.
3. having relation or connection.
4. having reference or regard; relevant; pertinent (usually followed by to): to determine the facts relative to an accident.
5. correspondent; proportionate: Value is relative to demand.
6. (of a term, name, etc.) depending for significance upon somethingelse: “Better” is a relative term.
There are a few words/terms/lingo in real estate that should be used with caution. No matter how you use them, it’s always relative to the person who is hearing or seeing them. I’ll give you a few examples… clean, nice, big, quiet, reasonably priced… just to name a few.
Clean to a surgical nurse and clean to 4 college guys living in a rental house… completely different meaning.
Nice… means so many different things depending on your age, your up bringing, your current living situation.
Big… if you currently live in a 400 sq. foot New York apartment, then a 900 sq. foot bungalow is big.
Quiet is a big one. Think about a young couple with two kids, 2 cars and a dog vs an 80 year old widow with a cat, who’s never driven a car.
Reasonably priced… surely you’re catching on by now…
If you are just browsing real estate ads, you’re buying your first home or selling your 5th home you’ll inevitably run into some of these words. Take them with a grain of salt, seek clarification if something is very important to you and above all else… please try to remember its all… relative.