The process of purchasing real estate as a long-term investment. Buy-and-hold investing may involve simply purchasing a property and paying the mortgage in order to cash in on equity at a later...
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Broker
n. A real estate broker has passed a state real estate broker license exam and can work as an independent real estate agent or have other agents working for them. v. Arranging the details of a...
Benchmarking
The practice of comparing one’s business processes and performance metrics to other companies in the same industry to establish industry standards and norms.
Benchmark Data
Benchmark data is collected from industry sources to determine how businesses are performing. Typically, the most valuable data of this type comes from the highest-performing businesses.
Bedroom Community
Residential suburb inhabited mostly by people who commute to a nearby city to work. In California, bedroom communities may be located an hour or more away from the commuter destination.
Bank-Owned Property
A piece of real estate owned by a bank or other lender that has foreclosed on the property. Bank-owned properties may also be referred to as REOs (real estate owned).
