What are the technical terms of real estate?

We know that real estate is a hot industry at present, and there are many technical terms, many of which are unfamiliar to it. The following small series will introduce you to the technical terms of real estate.

1, average price

Simply put, the average price refers to the sales price of each unit, and then add it up and divide it by the unit construction area to get the average price per square meter of this house. Generally speaking, the average price is not the selling price.

2. reserve price

The reserve price is obviously the reserve price, which actually refers to a basic price per square meter of commercial housing, which is determined after accounting. You should know that the sales price of commercial housing is mostly based on the base price, and then increase or decrease its base price level in the direction of price difference.

3. Betting odds effective at the beginning of horse racing or dog racing.

The starting price is also called the starting price in some places, while others clearly indicate that a real estate should be sold to the lowest price of all floors, which is the starting price. For example, a multi-storey house is the kind without a garden. Generally speaking, starting from the first floor or the top floor according to the sales price; If it is a house with some gardens, then the starting price of its sales is based on the second or fifth floor. The starting price of high-rise property is also the sales price of the lowest floor.

4. Pre-sale price

In fact, the pre-sale price is a special clause in the pre-sale (sales) contract of commercial housing; In fact, the pre-sale price does not belong to the official price. If the commercial house is delivered for use, the price shall be subject to the approval of the examination and approval authority.

5. One-time buyout price

One-time buyout price is relatively simple to understand, in fact, it is that buyers and sellers come together to negotiate one-time pricing. The one-time buyout price is also a special price clause in the real estate sales contract, which must be determined. At this time, the buyer or seller will jointly fulfill the obligation of payment or delivery, and will not change it casually.

Summary: There are so many technical terms about real estate, so you must know the technical terms in advance when buying a house, so that you can know some related meanings.