Frequent question: What does pm mean in real estate?

What is PM in real estate?

A property manager may be a licensed real estate salesperson but generally they must be working under a licensed real estate broker. … In California, third-party apartment property managers must be licensed with the California Bureau of Real Estate as a Real Estate Broker.

What does pm stand for in commercial real estate?

Third party project managers are involved through every step of the real estate process- from conception to completion. Managing the entire project team means knowing the ins and outs of these terms and many more.

What does pm mean in pricing?

Print. By Liz Wells in Business advice 3rd May 2019. It is perhaps the most successful promotional device of the modern era – providing benefits for shoppers, retailers and suppliers – yet price-marking still remains a controversial issue within the trade.

What does pp mean in real estate?

Personal property: All that is not real property; items of a temporary or movable nature. Personalty: Synonym for personal property.

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What does BA mean in real estate?

Ba – bathroom. Br – bedroom. CAC – central air conditioning.

What is FF& E in real estate?

Furniture, fixtures, and equipment (abbreviated as FF&E or FFE) refers to movable furniture, fixtures, or other equipment that have no permanent connection to the structure of a building. … These items are sometimes referred to as furniture, fixtures, and accessories (FF&A).

What is a bullpen in commercial real estate?

Bullpen is a freelance marketplace where real estate professionals and qualified freelance analysts can connect and work together.

What does AC mean in real estate?

AC: In real estate listings, AC stands for “air conditioning,” which means that the listed property has an air cooling system. ARV: After repair value, or ARV, is the property’s estimated market value after it undergoes specific repairs and renovations.

What does ti mean in real estate?

So what exactly is a tenant improvement? The real estate definition of a TI (tenant improvements) is the customized alterations a building owner makes to rental space as part of a lease agreement, in order to configure the space for the needs of that particular tenant.

What does PM stand for in maintenance?

Preventive maintenance (PM) is the key to any successful maintenance program for commercial motor vehicles. Through preventive maintenance, vehicles are inspected, repaired, and maintained in such a way that defects are prevented from surfacing in the first place, before a violation or accident can occur.

What does PM mean in sales?

Project Management. Product management and project management are often confused – well they’re both abbreviated to PM.

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What is PM business?

countable noun. A PM is a project manager. [business]

What does ETA mean in real estate?

Form ETA, Extension of Time Addendum, Single – Realty Supply Center.

What does ROC mean in real estate?

Return of capital (ROC) refers to principal payments back to “capital owners” (shareholders, partners, unitholders) that exceed the growth (net income/taxable income) of a business or investment. It should not be confused with Rate of Return (ROR), which measures a gain or loss on an investment.