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Real Estate Dictionary

What is a Right-of-Use Asset in Real Estate?

A right-of-use asset in real estate is an accounting entry that represents a lessee's right to use a leased property, recorded on the balance sheet under IFRS 16 and ASC 842 standards, and includes initial lease costs, payments, and incentives, amortized over the lease term.

April 20, 2024

What is IFRS 16 and How Does it Apply to Real Estate?

IFRS 16 is a financial reporting standard that requires companies to include nearly all real estate leases on their balance sheets as assets and liabilities, significantly altering how these transactions are reported and affecting financial metrics.

April 20, 2024

What are the Best Sources for Motivated Seller Leads?

Effective strategies for finding motivated seller leads include direct mail, property scouting, public records, networking, online marketing, and attending real estate auctions.

April 20, 2024

How to Find Cash Buyers for Your Investment Property

Finding cash buyers for investment property involves utilizing a mix of networking, specialized real estate services, and targeted marketing efforts. Check out these tips to help accelerate the process.

April 20, 2024

What's the Cheapest Way to Sell a House?

The cheapest way to sell a house involves handling the sale yourself or using discounted services, pricing it right, and making strategic, cost-effective improvements. Here are some tips to help you achieve the best outcome.

April 20, 2024

How to Sell a Distressed Property

Successfully selling a distressed property involves a transparent evaluation and disclosure, targeted marketing to the right audience, minor aesthetic improvements, and the facilitation of the sale through experienced professionals.

April 20, 2024

How to Sell a House Fast in a Slow Real Estate Market

To quickly sell your house in a slow market, price it right, make it look great, and market it effectively. Check out these tips to help make sure you get the sale as soon as possible!

April 20, 2024

What is Mashvisor?

Mashvisor is a real estate analytics platform designed to aid investors in finding and analyzing rental properties across the United States. Established in 2014, it focuses on both traditional and Airbnb rental markets, offering data-driven insights to optimize rental performance and investment decisions.

April 20, 2024

What is List Source?

ListSource is a comprehensive real estate data service by CoreLogic, enabling users to create targeted marketing lists using detailed property and homeowner information for various business applications.

April 20, 2024

What is Phantom Space in Multifamily Real Estate?

Phantom space refers to the discrepancy between the actual usable square footage of a property and the higher square footage that is reported or listed, potentially leading to overvaluation.

April 20, 2024
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